New Delhi : India’s foreign exchange reserves declined by USD 2.691 billion to USD 717.056 billion in the week ended October 30, according to the latest data released by the Reserve Bank of India (RBI) on Friday. The decline was primarily driven by a fall in foreign currency assets and gold reserves, which together account…
A forex trader from Shamakhokho in Vihiga County, identified as Mishuzi, has challenged claims that there are no successful foreign exchange traders from the Luhya community, declaring himself one of the flashiest traders in the Mumias area. In a TikTok video shared on Saturday, November 7, 2026, Mishuzi, who goes by the name Shamakhokho FX…
Market participants are digesting several key macroeconomic and microeconomic developments driving market sentiment: Written by: Olumide Adesina • Friday, November 6, 2026 • 1 min read • Last updated: Friday, November 6, 2026 Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Quick…
Written by: Olumide Adesina • Friday, November 6, 2026 • 1 min read • Last updated: Saturday, November 7, 2026 Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Quick overview Japan’s Nikkei 225 index fell nearly 6.0%, marking its worst weekly loss…
The Central Bank of Nigeria (CBN) has introduced new regulations requiring locally licensed issuers of foreign-currency-pegged stablecoins to maintain a minimum paid-up capital of about $11.16 million. These rules, effective from November 5, apply to virtual assets used for payments, settlement, and foreign exchange, classifying foreign-currency stablecoins as Class 2 tokens. The regulation also sets…
Taiwan’s foreign exchange reserves fell below US$600 billion at the end of last month as the central bank intervened in the currency market, selling US dollars and buying New Taiwan dollars to ease volatility in the local currency. Taiwan’s foreign exchange reserves totaled US$596.437 billion at the end of last month, down US$4.308 billion from…
21h00 ▪ 4 min read ▪ by Fenelon L. Summarize this article with: ChatGPTPerplexityGrok Bitget has raised maximum leverage to 1:2000 on 21 forex CFD pairs, effective November 1. The headline sounds impressive. However, the exchange’s own trading rules bring that leverage down to 1:200 during economic data releases, precisely when market volatility tends to…
TL;DR: The US midterms set off sharp swings across stocks, oil, Treasury yields and the Dollar last week, but they did not settle any of the four trends, which were already forming before the vote. With AI investment concerns, Iran-related risk and Fed expectations all pulling in different directions, each market ended the week at…
The new market analysis site turns technical analysis into a clear “market weather” view, with a pivot, two targets and an alternative scenario for every market, plus interactive charts and an open accuracy record BELIZE CITY, BELIZE – November 6, 2026 (NEWMEDIAWIRE) – Kumocast.io launched this week as a free market analysis website that publishes…
TL;DR: Today’s US Nonfarm Payrolls report (forecast +56K, unemployment 4.2%) lands after markets scaled back 2027 Fed hike expectations while keeping a December increase at 68.4%. The Dollar Index has held support at 101.285–101.232 despite falling Treasury yields, and NFP will test whether that resilience can last. Why Does Today’s NFP Matter for the Fed…