GFM Research

Market CommentaryThe U.S. Dollar is trading mixed, with the Dollar Index trading flat at 82.13 ranges. The Greenback continued appreciating against the Japanese yen. and depreciated against the euro...

Market CommentaryThe Dollar Index (DX) is trading at 82.26 ranges, near to the support of 81.80 of the medium term trend range bound between 83.40 and 81.80 formed during last couple of months; bias...

Market CommentaryThe Dollar Index (DX) is trading at 82.26 ranges, near the support of 81.80 of the medium term trend range bound between 83.40 and 81.80 formed over the last couple of months; bias is...

Market CommentaryThe Dollar Index (DX) is trading near 82.40, midway of the medium term trend range bound between 83.40 and 81.80 formed during last couple of months. The bias is negative. Historic...

Market CommentaryThe Dollar Index (DX) is trading near the medium term resistance of 83.40; the medium term trend range bound between 83.40 and 81.80 with negative bias; intraday support is observed...

Market CommentaryThe Dollar Index (DX) is trading in tight range in a dull session, as observed across asset classes. Medium term trend range is bound between 83.40 and 81.80 with positive bias;...

Market CommentaryThe Dollar Index (DX) is currently range bound between 83.40 and 81.80 with 82.88 acting as intermediate resistance. The medium term trend is intact till DX hangs on above 81.80;...

Market CommentaryThe DX is above 82.20 ranges consistently, after finding support at the medium term support of 81.80 ranges though it has traded flat most of the day. After most of the FX majors...

Market CommentaryThe Dollar Index (DX) again finds support at 81.80 ranges to trade at 82.70 ranges. Most of the FX majors depreciated against the U.S. Dollar after the German court rejected Cyprus...

Market CommentaryThe Dollar Index (DX) is trading near the short term support of 81.80 with weaker bias; daily close below 81.80 would result in further Dollar bearish sentiment, taking the DX further...

Market CommentaryThe Dollar Index (DX) is trading near the short term support of 81.80; only daily close below 81.80 would result in further Dollar bearish sentiment. Amidst stronger benchmark equity...

Market CommentaryThe Dollar Index (DX) continued to depreciate amidst stronger asset, especially the benchmark equity index of the Dow Industrials Average (DJIA). The DX is currently range bound...

Market CommentaryThe Dollar Index (DX) is finding resistance at 83.40 ranges with 81.80 ranges acting as important support; daily close below 81.80 would post short term top. Although the trend will...

Market CommentaryAmidst volatile trading across the asset classes, the U.S. Dollar traded mixed as it depreciated against European majors of the euro, pound and Swiss franc. However, it continued to...

Market CommentaryThe Dollar Index (DX) corrected after hitting first medium term resistance of 83.40 to trade at 82.90. Despite the BoJ’s indirect intervention; the greenback depreciated against...

Market CommentaryDespite the Dollar Index (DX) correcting, meltdown was witnessed in most asset classes. Direct vs. inverse correlation has been observed in both the DX and DJIA. The US Dollar Index...