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…
The rupee stayed weak trading 2 paise lower at 89.24 against the US dollar in early trade on Thursday due to increased demand of American currency from importers amid volatile global trade. According to forex traders, the rupee found support from fresh inflow of foreign capital into domestic stock markets and lower crude oil prices…
Leading global online broker Tickmill has announced the appointment of prominent social media influencer Musaed Alfouzan as its brand ambassador for its recently opened Kuwait office. This collaboration aligns with Tickmill’s broader Middle East expansion and aims to deepen locally relevant communications and education. As Tickmill continues to build its presence across the region, the…
Electronic trading major Interactive Brokers has added dozens of new new funds and fund families to the Mutual Fund Marketplace. The list of new additions can be seen below: The Interactive Brokers Mutual Fund Marketplace provides clients from over 200 countries and territories with access to more than 50,000 funds from over 500 fund families,…