Court remands forex trader over alleged fraud of US$300,000 and GH¢10.4 million

Court remands forex trader over alleged fraud of US$300,000 and GH¢10.4 million

The Accra Circuit Court Nine has remanded 35-year-old trader Benjamin Appiah The Accra Circuit Court Nine has remanded 35-year-old trader Benjamin Appiah Boateng into police custody for…

AUD/USD Weekly Forecast: Neutral Bias Amid Subtle Policy Shifts

AUD/USD Weekly Forecast: Neutral Bias Amid Subtle Policy Shifts

The Fed and the Reserve Bank of Australia will remain cautious this year. US unemployment claims unexpectedly fell, indicating a resilient labor market.  Business activity in the…

USD/CAD Weekly Forecast: Buyers Lead as Fed to Ease Gradually

USD/CAD Weekly Forecast: Buyers Lead as Fed to Ease Gradually

The Fed might cut rates only twice this year. Data this week showed an unexpected drop in US unemployment claims. The loonie fell as markets anticipated tariffs…

Gold Growth Halted But With Upside Risks

Gold Growth Halted But With Upside Risks

The pressure on risk assets on 31 December and 2 January, including a 1.5% rise in the dollar over the period, has not prevented Gold from strengthening….

Private sector investment faces challenges despite positive forex trends

Private sector investment faces challenges despite positive forex trends

Image Courtesy: The Bangladeshi economy is experiencing a paradox as foreign exchange reserves show signs of stability, bolstered by record remittance inflows and rising export figures. However,…

Gold Price Forecast: Can Gold Break $2,700 Resistance Coming Week?

Gold Price Forecast: Can Gold Break $2,700 Resistance Coming Week?

eth-usd Arslan Butt•Saturday, January 4, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list….

NBE Pauses Independent Forex Bureau Licensing Pending Evaluation

NBE Pauses Independent Forex Bureau Licensing Pending Evaluation

Five firms licensed in October Regulators at the National Bank of Ethiopia (NBE) are no longer processing license requests for new applicants seeking to get involved in…

Wall Street Rises After Five-Day Losing Streak

Wall Street Rises After Five-Day Losing Streak

eth-usd Ignacio Teson•Saturday, January 4, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list….

Will the Dam Break? (Video)

Will the Dam Break? (Video)

Created on January 03, 2025 During the trading session on Thursday, we’ve seen the US dollar rally about 38 basis points against the Canadian dollar, which in…

Rupee falls to record 85.77 vs $, forex kitty at 8-month low

Rupee falls to record 85.77 vs $, forex kitty at 8-month low

MUMBAI: The rupee closed at a record low of 85.77 against the dollar on Friday, marking its ninth consecutive week of losses. The decline is attributed to…