Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated by 13 paise to close at 96.88 (provisional) against the U.S. dollar on Thursday (October 8, 2026), on risk aversion in global markets amid escalation of geopolitical tensions. Forex traders said the rupee is under pressure amid persistent macroeconomic headwinds, including global…
Gold traded around 4,130 USD per ounce on Thursday, remaining near its lowest levels since early August, although it is currently making a strong attempt to rebound. Pressure on the metal intensified following the release of the Fed minutes, which kept the prospect of another US rate hike before year-end alive. Elevated oil prices remain…
London based Retail FX and CFDs broker Fortrade Limited has released its financial results for 2025, indicating that the company saw an increase the top line but a decrease in profitability, although at levels still well below the company’s best years in 2020-2022. Revenues at Fortrade came in at £26.1 million in 2025, up by…
Micron Technology, Inc. (NASDAQ: MU) currently trades around $1,087.61, with the ongoing semiconductor industry cycle supporting… Written by: Arslan Ali Butt • Thursday, October 8, 2026 • 4 min read • Last updated: Thursday, October 8, 2026 Add an article to your Reading List Register now to be able to add articles to your reading…
Gold came under increased pressure from stronger dollar on Wednesday and cracked key $4120/$4100 support zone (Fibo 76.4% of $3942/$4697 rally / round-figure) which contained several attacks in past two weeks. Recent action with temporary base but limited upticks capped by falling 10DMA and remaining below bear-trendline off $4697 peak, signals scenario of consolidation preceding…
Marine Le Pen’s calls for the ECB to cut interest rates and for a reduction in EU transfers are fuelling panic. The combination of a strong economy and attractive assets is driving the US dollar higher. The US dollar has resumed its upward trend alongside oil prices and Treasury bond yields. US Treasury auctions are…
A stronger dollar, a rally in Treasury yields and oil’s reluctance to fall are creating headwinds for gold. Central banks are taking advantage of gold’s dip to boost their reserves. Gold has been unable to recover following a disappointing September, when the price fell by 6% against the backdrop of a Fed rate hike, a…
DUBAI, UAE, Oct. 07, 2026 (GLOBE NEWSWIRE) — CentFX ended its appearance at The Forex Expo Dubai 2026 on a high note, taking home the Most Trusted Liquidity Provider award at the close of the two-day event. The globally regulated multi-asset broker had spent 22 and 23 September hosting traders, introducing brokers and institutional partners…
Brent rose further on Wednesday, following quick recovery after spike to $97.07 on Tuesday, reflecting fresh uncertainty in energy market after short-lived relief. New clashes in Yemen, Ukraine’s attack on Russian oil refineries and Iran threatening of closing all ‘illegal routes’ in Hormuz strait boosted volatility ahead of decisions of the EU and IAE to…
ADVERTISEMENT Forex trading involves taking positions based on movements in currency exchange rates. For Indian residents, however, the permitted route is different from what many offshore platforms advertise. Retail participants can trade eligible currency derivatives through recognised Indian exchanges using a trading account with a SEBI-registered broker. Before getting started, understand the permitted instruments, margin…