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The Bank of Ghana's latest data put the cedi at a mid-rate of GH¢11.7400 to the US dollar for 11 August 2026, with the pound at GH¢15.8566 and the euro at GH¢13.5481, according to Pulse Ghana. The report also noted the central bank sold more than US$8.2 billion through its FX programmes between January and July 2026 amid a 10.61% year-to-date depreciation of the cedi.
The Central Bank of Nigeria removed Discount Window restrictions tied to participation in the Nigerian Foreign Exchange Market and primary government securities auctions, lifted the suspension of tenored repo operations, and widened OMO access to individuals, corporates and non-bank financial institutions, while retaining the same-day OMO auction restriction.
The AfCFTA and related payment initiatives may give African businesses more ways to settle trade in local currencies, which could reduce the buffer demand for US dollars in routine transactions. This article explains the mechanism with a clearly hypothetical example and corrects common beginner misunderstandings.
In Malaysia, the terms money game, Ponzi scheme and pyramid scheme are often used interchangeably. They are not the same, but they can share a common feature: money entering the system from new participants is used to sustain returns, commissions or apparent success for those who joined earlier. For investors, understanding the difference matters less than understanding where the money actually comes from.
Crypto trading revenue weakened across major platforms in Q2 2026 as market activity slowed, while another crypto-focused platform expanded into forex and CFD products, highlighting a broader shift toward multi-asset trading.
ASIC has proposed extending Australia’s capital requirements for retail OTC derivatives issuers, including CFD providers, to October 2032 without changing the current AU$1 million minimum.
BONUS FINANCE LTD advertises MT4, a fixed 0.2% spread and a $200 minimum deposit, but no regulatory record was found and its WikiFX score is 2.06. This review explains what to check before depositing.
TradersTrust carries CySEC-regulated status, but a recorded FCA clone-firm warning creates a serious identity-risk alert for traders. User reports also flag website access trouble and alleged spread spikes after profits, making verification essential before funding any Forex account.
RoboMarkets shows stronger-than-average safety signals through CySEC regulation and a WikiFX Score of 7.29, but the presence of offshore Seychelles oversight, one regulatory disclosure, and mixed trader exposure cases means it should not be treated as risk-free. The core risk level appears moderate: not clearly unsafe from the available data, but worth verifying carefully before funding an account.
TRADEVIEW MARKETS carries an offshore CIMA license, but a CNMV public warning says Tradeview Ltd was not authorized to provide investment services tied to Forex. Recent user complaints allege deleted accounts, unexplained deductions, forced agreements, and blocked withdrawals involving large balances.
Luno operates at lunomte.cc with a 1.78 WikiFX score, no regulatory information found, and repeated complaints of blocked withdrawals and frozen accounts. This review explains the 'suspicious clone' warning and what traders should verify before depositing.
GFS presents itself as a regulated forex broker, but a WikiFX score of 1.62 and repeated withdrawal complaints across Vietnam, Malaysia, Egypt and beyond point to a platform that needs careful verification before any deposit.
EBC carries a 1.87 WikiFX score, no retrievable regulatory record, and a complaint about losing account access after a slippage dispute. This review sets out what is confirmed and what to verify before depositing.
Stop loss orders feel emotionally heavy, not because they cause losses, but because they turn an imagined future into a realised loss. This article explains the mechanism and offers a simple journaling approach to observe your reactions.
Octa holds a highly concerning WikiFX score of 1.62 due to severe withdrawal complaints and regulatory warnings from Asian authorities. Indian traders face high risk, as multiple users report blocked accounts and seized profits under questionable broker clauses.
Core Prime is an unregulated offshore broker with a low WikiFX score of 1.75 and a pattern of severe user complaints regarding blocked accounts and withdrawal failures. Due to these critical risk signals, Indian traders should exercise extreme caution before depositing any funds.
The ringgit gained against several major currencies on Thursday morning but weakened slightly versus the US dollar. Softer American inflation helped sentiment, yet investors remain reluctant to abandon the greenback before another important inflation report.
The Indian rupee hovered near 95.4 per dollar on August 12, 2026, pressured by a 7% weekly surge in Brent crude toward $90 a barrel and a weaker Asian currency complex. RBI dollar sales through state-run banks helped limit losses, while markets awaited US July CPI data for clues on the Federal Reserve's next move. India's own July retail inflation rose to 4.45%, within the RBI's tolerance band.
Asian currencies and the U.S. dollar traded flat ahead of key U.S. consumer price data, while crude oil prices nearing $90 a barrel present new headwinds for energy-importing nations.
Sri Lanka's central bank sees no need for further interest rate increases this year after its surprise 100 basis-point hike in May, Governor Nandalal Weerasinghe told Reuters. Inflation, which hit 7.3% in July, is expected to peak near current levels before easing toward the 5% target by 2027, while the IMF has released $695 million under its program.
