Forex
representational image | Photo Credit: Reuters An expatriate from Kochi in Keralam has been allegedly cheated of more than ₹2.11 crore in an online forex and stock market trading scam after falling prey to a fraudulent investment platform operated through Telegram groups and a fake trading website. The 41-year-old from Rayamangalam in Kunnathunadu, currently working…
Tokyo, Nov. 12 (Jiji Press)–Japan’s top currency diplomat on Thursday warned against a rapid fall of the yen, saying “it is still too early to forget the memory of this summer” when currency authorities stepped into the market. “We have a strong impression that the moves in the last few days have been too rapid,”…
TL;DR: Gold’s failed rebound favors a retest of the early-November low near 3,870, but a decisive breakdown may have to wait. Hawkish Fed repricing has already done much of its work, leaving little room for another big shift in rate expectations before the December 4 payrolls unless a fresh catalyst arrives. Why Might Gold Retest…
Strong CoreWeave Results Revive Confidence in AI-Related Equities While Hawkish Fed Expectations Continue to Support Dollar’s Rally What’s happening: Strong CoreWeave results, with third-quarter revenue up 168% to USD 3.7 billion and full-year guidance of USD 13.0–13.3 billion, revived confidence in AI equities, lifting Taiwan stocks 3.6%, KOSPI 2.60%, Nikkei 1.31% and Nasdaq-100 futures nearly…
EBC Financial Group examines how Nigeria’s expanding payment infrastructure could ease access to online forex trading, while proposed SEC rules seek to strengthen safeguards around risk disclosures, leverage and client funds. EBC Financial Group (EBC) flags up a timing gap between Nigeria’s new payment system and the online foreign exchange (forex) trading rules that are…
For commercial business leaders across the Mid-Atlantic, cross-border commerce has long operated on a straightforward assumption: the U.S. dollar is the default currency of global trade. Whether purchasing specialized manufacturing components from overseas suppliers or exporting finished goods to international markets, regional companies have relied on U.S. dollar-denominated contracts to simplify transactions and limit foreign…
The Bank of Russia has finalized a regulatory framework governing digital assets transactions. With this framework, Russian exchanges are now allowed to launch regulated cryptocurrency trading starting November 22, 2026. For this, the exchanges must obtain approval from the central bank of Russia. The directive has been issued by Russia’s Ministry of Justice. Under the…
On Wednesday, the EUR/CHF currency pair extended the current week’s gains to trade at about 0.9232 after the latest data. The currency pair trades within an ascending channel formation on the 60-minute chart. The pair has now advanced to trade several levels above the 100-hour moving average line. However, the currency pair pulled back slightly…
On Wednesday, the EUR/USD currency pair pulled back from the session highs of about 1.1170 to trade at about 1.1090. The currency pair trades within a descending channel formation on the 60-minute chart. The pair has now plummeted to trade several levels below the 100-hour moving average line. As a result, the currency pair has…
Forex traders Kenyan Prince and Abeid have appealed to people who stole their iPhones to return the devices, with the two making separate pleas while explaining what they stood to lose if the phones were not recovered. Speaking in a TikTok video on Wednesday, November 11, 2026, Abeid addressed the person who took his iPhone…