GFM Research

Market CommentaryThe Dollar Index is trading weak at 81.72 ranges; the medium term trend is still range bound between 81.30 and 84.50 ranges with wider swings between 80.60 and 85.00 ranges. Despite...

Market CommentaryAmidst flat to weak trading witnessed across the asset classes the Dollar Index (DX) showed mild strength though it is may stabilize only on daily close above 82.70; the medium term...

Market CommentaryThe Dollar Index (DX) is trading weak at 82.30 with medium term trend range bound between 81.30 and 84.50 ranges. The Greenback has depreciated across the board on the event of most...

Market CommentaryIs stabilizing at 83.00 ranges with 83.80 and 84.50 ranges acting as intermittent resistances though the medium term trend is range bound between 81.30 and 84.50 ranges. Most of the...

Market CommentaryAfter the Dollar Index (DX) sold off from 85.00 ranges aftermath the Fed’s decision to continue Bond buying by pumping in ‘Easy Money’, DX is trading at 83.00...

Market CommentaryThe Dollar Index (DX) above previous resistance of 84.50 ranges to currently trade at 84.86; the medium term trend is intact till it manages to trade consistently above 84.30 ranges...

Market CommentaryThe Dollar Index (DX) above previous resistance of 84.50 ranges to currently trade at 84.75; the medium term trend is intact till it manages to close above 84.00 ranges with DX...

Market CommentaryThe Dollar Index (DX) is consistently trading above the critical support of 82.90 to currently trade at 84.05 ranges. Though the Dollar Index is bullish 84.50-84.60 ranges is a...

Market CommentaryThe Dollar Index (DX) is trading firm above the interim resistance of 83.70 to currently trade at 83.80 ranges; only daily close below 82.80 would result in correction else the USD is...

Market CommentaryAmidst ongoing liquidity concerns the Dollar Index (DX) is trading firm beyond 82.90 ranges; DX is expected to test interim resistance of 83.70 ranges till it manages to hang above...

Market CommentaryThe Dollar Index (DX) is trading firm at 82.60 ranges after appreciating from 80.60 ranges last week. The DX is expected to test interim resistance of 83.40 ranges until it manages to...

Market CommentaryThe Dollar Index (DX) is trading near critical support of 80.60 ranges after consistently falling from 84.50 ranges. Further USD weakness is expected only on a daily close below 80.40...

Market CommentaryThe Dollar Index (DX) is trading near the critical support of 80.60 ranges after consistently falling from 84.50 ranges. Further USD weakness is expected only on the daily close below...

Market CommentaryThe Dollar Index (DX) traded near critical support of 80.60 ranges after consistently falling from 84.50 ranges. Further fall was expected only on the daily close below 80.40 ranges....

Market CommentaryThe Dollar Index (DX) continued to depreciate despite weaker asset classes, especially equities across the globe. A direct correlation was observed against historic inverse...

Market CommentaryDirect correlation was observed between most of the asset classes, especially equities worldwide and the Dollar Index (DX) as against historic inverse correlation between the Dollar...