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An Australian court placed 12 companies linked to Christopher Malcolm Edwards under provisional liquidation after ASIC said they raised A$182 million from investors. FTI Consulting liquidators must report within 10 weeks on assets, solvency and suspected legal breaches, while ASIC's final winding-up application remains before the NSW Supreme Court.
The Singapore dollar held steady against the U.S. dollar on 2026-08-23, supported by renewed greenback-debasement concerns after the U.S. Treasury expanded its long-end buyback program, according to a Dow Jones Newswires Market Talk report. OCBC Group Research strategists said USD debasement has re-emerged as a market theme, with the dollar little changed at 1.2691 Singapore dollars per LSEG data.
Doto is a multi-regulated forex broker offering one standard account with a $15 minimum deposit, spreads from 1 pip and leverage up to 1:500. We review its CySEC, FSCA and Seychelles FSA licences, trading conditions and recent trader feedback.
BDSWISS is a Seychelles-registered CFD broker with a low WikiFX score of 2.48 and repeated user complaints about blocked withdrawals. This review breaks down the licence status, a BaFin notice and what to check before depositing.
The Malaysian ringgit opened higher against the US dollar and major currencies on Aug 24, 2026, supported by strong economic data. Bank Muamalat chief economist Mohd Afzanizam Abdul Rashid said the currency could attempt to break the RM4.03 level, with July export figures pointing to an upside surprise in second-half growth.
"As a smaller, more open economy, Canada has more to lose from this," ING strategists said Monday.
Wilberforce Asare of Asaase Radio urged the Bank of Ghana and the Ministry of Finance to break their silence over a reported $1.7 billion loss under the Domestic Gold Purchase Programme in 2025, as reported by the IMF. He said the matter is a national crisis involving taxpayer money and should not be left to GoldBod CEO Sammy Gyamfi to explain alone, pointing to the exchange-rate mechanism as a key concern.
As of 24 August 2026, the CBN official rate for the dollar stood at ₦1,347.49 buy / ₦1,346.49 sell. The naira strengthened 1.17% over the past month and 12.24% over 12 months, with Trading Economics models projecting 1,344.51 by end-Q3 2026 and 1,322.55 in a year.
SaracenMarkets shows a mixed safety profile: it is listed as regulated by South Africa's FSCA, but WikiFX also records a Malaysian Securities Commission investor alert and a modest WikiFX Score of 4.53. Traders should treat it as a higher-caution broker, especially because of high leverage options and a recent complaint alleging forced position closure and margin call.
Doto shows a relatively stronger safety profile than many high-risk brokers in the available WikiFX data, with a 7.44 WikiFX Score and listed regulation from CySEC, South Africa's FSCA, and the Seychelles FSA. The main risks are not outright scam signals, but entity selection, offshore exposure, high leverage, mixed AI-signal feedback, and the need to verify current login security before funding an account.
Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters
Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters
Automated execution does not replace human judgment. The human sets the rule and risk limit; the machine places the order and stays disciplined. This article explains that division with a hypothetical EURUSD example and the common traps beginners should avoid.
LOYAL PRIMUS is listed as regulated by South Africa’s FSCA, yet recent complaints allege withdrawals withheld, accounts suspended or banned, and deposits left unprocessed. WikiFX has received 8 complaints in the past 3 months, making this broker a clear high-risk watch item for retail traders.
EMIRAX MARKETS presents a critical risk profile: no verified financial regulation, a 1.80 WikiFX score, and repeated complaints of withdrawals rejected after profits. Users report suspended accounts, blocked login access, and unpaid balances after requesting withdrawals.
A trading journal is not a scorecard; it is a mirror. This guide shows beginners how to notice emotional triggers, repeated states and behavioural loops hidden in their own trade records, without telling you what to buy or sell.
Anchoring bias is the tendency to treat an old forex price as the fair reference even after conditions change. This beginner guide explains the psychology with a hypothetical EUR/USD example and gives a simple four-step observation exercise.
The Indian Rupee held steady near 95.70 against the US Dollar on August 24, 2026, supported by strong capital inflows and expected RBI intervention. The central bank reported accumulating nearly $73 billion under June-launched initiatives, pushing reserves near record levels. Analysts at MUFG/BTMU said the RBI's August MPC minutes signaled an end to its easing cycle, while US Treasury buyback plans weakened the dollar and aided the rupee.
The RBI's special USD-INR forex swap facility drew total foreign currency inflows of USD 72.85 billion as of August 21, 2026, with FCNR(B) deposits accounting for nearly 90 per cent at USD 65.40 billion. OFCBs contributed USD 4.86 billion and ECBs USD 2.59 billion, surpassing the scale of the RBI's 2013 swap scheme. The FCNR(B) window closes August 31, while ECBs and OFCBs remain eligible until December 31.
Retail broker XTB secures regulatory approval to offer gold and crude oil CFDs in Indonesia amid tightening European oversight, while the founder of a prominent retail prop firm exits the forex and futures challenge model due to infrastructure costs.