US Dollar Price Forecast: DXY Tests 101.76, Can EUR/USD and GBP/USD Extend Gains?
Fed pause bets pressure DXY toward 101.76, while EUR/USD targets 1.1272 and GBP/USD eyes 1.3284 amid rising ECB and BoE tightening expectations.
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Fed pause bets pressure DXY toward 101.76, while EUR/USD targets 1.1272 and GBP/USD eyes 1.3284 amid rising ECB and BoE tightening expectations.

Artificial intelligence is changing how investors trade currencies, but in Malaysia, the growing appeal of automated trading is also creating fresh opportunities for fraudsters targeting people seeking quick profits.

A Singaporean man, aged 54, was due to face criminal charges on October 9 over his suspected involvement in an investment scheme that promised guaranteed profits through loans to gamblers, as authorities linked him to other alleged cheating cases involving losses exceeding S$2.2 million.

Prague based proprietary trading firm FTMO has reported cumulative trader rewards exceeding $650 million, following a year in which its total distributions increased by more than $200 million.

AI worries hit chips, Fed hike talk returns, and Canadian jobs data loom.

Sri Lanka's Parliament Committee on Public Finance (COPF) has reviewed a final audit that puts the financial impact of fraudulent transactions at National Development Bank (NDB) at Rs. 13,639,664,684, a figure that is about Rs. 400 million higher than the bank's initial disclosure. The committee, chaired by MP Dr. Harsha de Silva, summoned Central Bank of Sri Lanka officials to examine the irregularities and the audit report, according to Newswire.

New research from Shareflo, a UK company compliance platform, has identified 33,675 active UK companies that were not late on their filings a year earlier but now have overdue confirmation statements and no visible verification record for at least one director. The finding, reported by Finance Magnates, lands as mandatory director identity verification continues its rollout, though the research explicitly does not establish that the new rules caused the delays.

A vital post contains three separate assertions, and only the first is about trade policy. One, that Trump will impose large tariffs on India over Russian crude purchases. Two, that the H-1B visa action taken on the day of the post is the first in a sequence. Three, that Indian equities and the rupee are exposed to both. There is no figure attached to "large," no indication of which Indian exports would be covered, and no timeline other than the 3 November election date the post itself cites. The H-1B reference is equally bare.

Surging oil prices and spreading European debt concerns pressure global markets as investors reassess inflation risks and Federal Reserve policy.

The American currency is moving higher as traders focus on escalation in the Middle East.

FBS regulation should be checked against the company named in an account agreement, not a brand-level statement alone. The FBS About page archived on 24 September 2026 describes operations under several local licences. That statement does not identify the provider for every applicant in South Asia. Before using an FBS login link to apply or submit documents, establish which company would contract with you and what the relevant authorisation covers.

Singapore authorities have launched investigations into 280 suspected scammers and money mules linked to more than 633 fraud cases.

Fed minutes keep year-end tightening alive as DXY eyes 102.49, while EUR/USD targets 1.1161 and GBP/USD risks another test of 1.3180.

Moomoo is intensifying its push into the United States cryptocurrency market through a strategic partnership with Crossover Markets, bringing advanced institutional trading infrastructure to retail investors as competition among digital asset platforms continues to escalate.

Gold prices remained under pressure on Thursday, October 8, hovering near their lowest levels in nine weeks as escalating tensions in the Middle East strengthened inflation concerns and raised expectations of further interest rate increases by the United States Federal Reserve.

A suspected international investment fraud operation in Kuantan has been disrupted following the arrest of 12 foreign nationals, exposing another alleged criminal network that used digital investment platforms and promises of attractive returns to approach unsuspecting investors.
A Malaysian doctor has lost RM300,000 after investing in an alleged project linked to a student welfare initiative that police say did not exist.

An accidental WhatsApp message has ended in a RM367,950 loss for a 70-year-old government retiree in Kuala Terengganu.

The rapidly expanding proprietary trading industry is facing a fresh attempt to impose order on a market where disputes over rejected payouts, shifting trading rules and alleged trader misconduct have increasingly tested confidence.

Binance is pushing artificial intelligence closer to the everyday crypto trader, introducing a retail AI assistant while bringing several existing automation products under a broader Binance Intelligence banner.