On November 21, the rupee plunged 98 paise to close at its lifetime low of 89.66 against the U.S. dollar. File | Photo Credit: Reuters The rupee depreciated by 34 paise to an all-time low of 89.79 (provisional) against the U.S. dollar in intraday trade on Monday (December 1, 2025), tracking a negative trend in…
Mutsamudu, Union of Comoros, December 1st, 2025, FinanceWire Global broker KVB has announced a new phase of development as the company marks its 25th year in the financial markets, highlighting platform enhancements, partner-focused incentives, award recognition, and the first stage of a regional CSR program. The anniversary year reflects both the company’s long-term market presence…
Created on December 01, 2025 Bearish view Sell the GBP/USD pair and set a take-profit at 1.3015. Add a stop-loss at 1.3350. Timeline: 1-2 days. Bullish view Buy the GBP/USD pair and set a take-profit at 1.3350. Add a stop-loss at 1.3015. The GBP/USD exchange rate held steady on Monday morning as investors continued to…
Mumbai: The Economic Intelligence Unit of the police Economic Offences Wing (EOW) is investigating a cheating case where more than 8,500 investors were assured monthly returns of 7%-8%. The Enforcement Directorate (ED), Surat, seized cash, foreign currency, and digital evidence while inquiring about the investment scheme. The city police, on its X handle, posted a…
The U.S. dollar was heading for its worst weekly performance since late July on Friday as traders increased bets that the Federal Reserve will cut rates again next month. The dollar has dropped this week as traders conclude that weakening labor data will lead to more rate cuts, even as many Fed policymakers express concern…
As the CME Group (literal) meltdown left a number of CFDs brokers in the dark and unable to quote prices to clients on many instruments, the past week also saw a number of interesting strategic moves in the online trading sector. How did UAE SCA Category One licensed CFDs broker Cara Markets rebrand? (And why?)…
I wrote on the 23rd November that the best trades for the week would be: Long of the USD/JPY currency pair following a daily close above ¥157.77. This did not set up. Long of the S&P 500 Index following a daily close above 6,920. This did not set up. A summary of last week’s most…
The GBP/USD weekly forecast remains tilted to the upside amid a weaker dollar. Softer US macro data and aggressive Fed easing could keep the pound bulls alive. BoE’s imminent rate cut could cap the upside. The GBP/USD price closed last week on a firm footing, marking a weekly gain of more than 1% and closing…
Created on November 30, 2025 Gold continues to be very noisy, but we’ve had a strong week over the last handful of sessions, which, of course, was interrupted by Thanksgiving in the United States. Nonetheless, this is a market that just has no real hope of breaking down significantly, at least not in this environment….
(Bloomberg) — The Chicago Mercantile Exchange Group proudly describes itself as the place “where the world comes to manage risk.” Except on Friday, the world was shut out. Most Read from Bloomberg Trading of futures and options was halted due to a fault at a data center, spilling over into multiple markets and affecting contracts…