Forex
TL;DR: Brent fell 5.85% to settle at USD 92.57 on Monday as Trump’s signals against renewed Iran strikes pushed the market to discount escalation risk, breaking the 93.80 Fibonacci level. The US naval blockade remains in place, so the decline is a repricing of strike risk rather than a restoration of supply, and 88.21 is…
TL;DR: Gold has rebounded to around 4,118 after gaining 5.02% last week, driven more by falling oil prices and lower Treasury yields than by safe-haven demand. Tuesday’s US CPI report could decide whether the recovery clears the 4,160–4,200 resistance cluster or stalls inside a larger downtrend. Is Gold’s Rebound Driven by Safe-Haven Demand or Easing…
Gold gains as oil and the dollar soften. Buyers watch $4,139 resistance while Fed tightening risks keep the outlook in focus. Written by: Arslan Ali Butt • Monday, November 9, 2026 • 2 min read • Last updated: Monday, November 9, 2026 Add an article to your Reading List Register now to be able to…
TL;DR: A narrow centre-right lead after Saturday’s New Zealand election reduces the immediate risk of a more dovish RBNZ mandate, giving the New Zealand Dollar mild support. But the one-seat majority is fragile with special votes outstanding until November 27, and neither AUD/NZD nor NZD/USD has confirmed a technical reversal. Why Is the New Zealand…
Key highlights Thomas Cook education forex business grew 33% year on year in Q2 FY27. RBI data cited by Thomas Cook showed education outbound remittances fell 34% from April to August 2026. Thomas Cook Financial Services gross turnover rose 7% to Rs 3,900 crore in Q2 FY27. Thomas Cook digital adoption increased to 22.4% from…
Comedian and filmmaker Eddie Butita has explained why he wants Kenyan Prince and other forex traders recognised, as he teams up with Tony Mwirigi and 2mbili to introduce an initiative dubbed Forex Awards celebrating players in Kenya’s foreign exchange trading industry. Speaking during the Forex Awards official launch on Monday, November 9, 2026, Butita said…
State Street has integrated its LINK platform with Morgan Stanley Matrix, providing eligible buy-side FX trading clients with access to Matrix’s QSI analytics within their existing workflows. The integration covers in-flight TCA and algorithmic controls for trades executed via State Street’s FX Connect and provides real-time visibility of transaction activity. Morgan Stanley Matrix is the…
AvaTrade, a global online trading broker, has rolled out a proprietary trading platform that brings AI-driven market analysis and fully adjustable workspaces to traders on both desktop and mobile. The new system draws on two decades of operating history and billions of executed trades. It uses AI to deliver both fundamental and technical analysis, generating…
Sentiment in global equity markets has noticeably improved, and investor focus is shifting toward the upcoming US CPI inflation readings following the shock caused by Friday’s strong US Non-Farm Payrolls (NFP) report. In Europe, the Sentix investor confidence index fell in November to around 2.4 pts (compared to just under 2.7 pts a month earlier),…
Brent Is Approaching Last Week’s Low of 93.22, a Critical Level That Could Determine Whether the Unwinding of the Geopolitical Risk Premium Deepens What’s happening: Oil prices extended their decline on Monday as President Donald Trump downplayed the prospect of renewed US military strikes against Iran. Brent crude CFD fell nearly 3% to around 95,…