Brent oil price spiked to two-week high in early Monday trading, extending last week’s 4.5% advance, driven by fragile situation in the Middle East and fading prospects for peace after the latest attack on a nuclear power plant in the UAE. Fresh extension of the bull-leg from $96.09 (May 7 higher low) probed through psychological…
Leading online trading provider CFI Financial Group has announced the launch of more than 40 local stocks listed on the Dubai Financial Market (DFM). The company said that this milestone marks a significant step in CFI’s regional expansion, enabling clients to trade DFM-listed equities through a secure and regulated platform. The integration enhances market accessibility…
Foreign Exchange Market Market Overview: According to IMARC Group’s latest research publication, “Foreign Exchange Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034”, The global foreign exchange market size was valued at USD 917.9 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 1,592.1 Billion by 2034, exhibiting a…
IUX IUX EBENE CYBERCITY, Mauritius, May 18, 2026 (GLOBE NEWSWIRE) — IUX has highlighted a series of third-party industry recognitions received during the first half of 2026, with one additional year-end 2025 recognition included for broader context. The recognitions were published or announced by FxDailyInfo, ForexDailyInfo, BrokersView, Traders Union, and Money Expo Mexico, covering categories…
EUR/USD halts losses near April highs. Key test: break above SMA cluster overhead. Momentum signals show easing selling pressure. EUR/USD is attempting to stabilise after a four‑session pullback from the 1.1787 area to one‑month lows just above 1.1600, with the euro remaining under pressure against a firmer dollar amid renewed Middle East tensions and risk‑averse…
Key Highlights EUR/USD started a sharp decline below the 1.1700 zone. It traded below a rising channel with support at 1.1720 on the 4-hour chart. GBP/USD could extend losses if it settles below 1.3300. USD/JPY is moving higher above the 158.50 resistance. EUR/USD Technical Analysis The Euro failed to stay above 1.1720 against the US…
The Indian rupee crashed to a fresh record low of 95.55 against the US dollar as fears over a fragile US-Iran ceasefire pushed oil prices above $105 per barrel, intensifying concerns over inflation and India’s import bill. INDIA: The Indian rupee crashed to a fresh record low of 95.55 against the US dollar on Tuesday, intensifying…
USD/JPY The US dollar rallied quite nicely against the Japanese Yen during the week to break above the crucial 158¥ level again. The interest rate differential continues to be a major driver of where things go, as the Japanese are stuck in a situation where they cannot have monetary policy that’s too tight. Quite frankly,…
Who is heading IC Funded, the prop trading arm of leading online broker IC Markets, which (re)launched this week? Which CFDs broker has shut down? Which European focused online broker has inked Brad Pitt as its new Brand Ambassador – complete with a new video ad campaign? Which CFDs brokers are behind the launch of…
A selloff in global bonds stopped a surge in stocks, with worries growing that central banks will have to tighten policy to control inflation amid high oil prices. Written by: Olumide Adesina • Saturday, May 16, 2026 • 1 min read • Last updated: Saturday, May 16, 2026 Add an article to your Reading List…