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US Imposes $75m Fine On Kingpin Behind Israeli Binary Scam

The United States government is asking a Florida court to impose a $75 million fine on alleged binary options fraudster Michael Shah. According to the Commodities and Futures Trading Commission (CFTC) motion, Shah worked with several call centers in Russia

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EU Asks China To Open Its Economy To Foreign Investment

With China and the US becoming embroiled in trade tariff retaliations, the European Union is trying its best to calm down Beijing. European Commission President Jean-Claude Juncker has called on China to avoid a trade war and instead open up

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New Brexit Proposals Cause Concern For UK Forex Investors

The pound sterling fought back to a high position on the currency markets last week but financial experts state that this is just a brief surge that is covering up the problems that the British financial markets are bound to

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Paytm To Launch FX Services To Exchange 20 Different Currencies

Paytm gained massive exposure in 2017 after the company looked to fill the digital payment space in the market created by the de-monetization campaign carried out by the BJP Government. Paytm has grown its market presence significantly during the last

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Africa Launches Biggest Free Trade Zone With Help From China

Despite the brewing trade war with the U.S., China is still flexing its muscles across the world. Their latest move is to help launch Africa’s largest free trade zone. This move positions China as one of the global market’s trade

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Indian FX Reserves Have Lost $14bn During The Last 7 Weeks

India’s forex reserves have taken a beating losing $2 billion each week for the last seven consecutive weeks. The fall started in the middle of June with forex reserves losing $3 billion and then continued with an average loss of

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