A Texas based investment adviser has been sentenced to eleven years in federal prison after orchestrating a massive Ponzi scheme that targeted high profile clients, including Kansas City Chiefs superstar Travis Kelce. Siddharth Jawahar, thirty eight, was ordered by a judge to pay over thirty one million dollars in restitution to his victims following his
For years, the bond market has felt like a trap for investors, with rising interest rates relentlessly pushing down prices and leaving many with disappointing returns. But as 10 year Treasury yields breach the 5 percent mark for the first time since 2007, the narrative is beginning to shift. While high rates usually signal pain
The USD/ZAR pair was little changed on July 1 as traders reacted to hawkish remarks by South African Reserve Bank (SARB) Governor Lesetja Kganyago, who spoke at the European Central Bank (ECB) forum in Portugal. The pair was trading at 16.40, a few pips below last month’s high of 16.67. SARB may hike interest rates
The Japanese yen jumped sharply on Thursday as traders braced for a potential intervention by the Bank of Japan (BoJ). The USD/JPY pair retreated to a low of 160.62 from the year-to-date high of 162.84. US published weak non-farm payrolls data The USD/JPY pair retreated after the US published the latest non-farm payrolls (NFP) report.
The dollar’s rally is running into resistance as traders scale back some of the more aggressive Federal Reserve rate-hike bets that had powered the greenback higher. A softer US labour-market signal helped trigger the shift, but the move is now broader than one data point. The euro and sterling are gaining ground, commodity-linked currencies are
The Japanese yen has soared in the past few weeks, and is now hovering near its highest level since February this year. The USD/JPY pair has dropped to 154.17, down sharply from the year-to-date high of 163.96. Focus now shifts to some notable macro numbers and the upcoming monetary policy decisions by the Federal Reserve
The British pound was on track to record its biggest weekly gain against the US dollar in 12 weeks on Friday. The currency was supported by easing domestic political concerns and weaker-than-expected US labour market data, which weighed on the dollar. Sterling rose 0.1% to $1.3357 during the session. The move brought its weekly gain
OANDA has, once again, secured the top position for both Overall Client Satisfaction and Platform Features in the United Kingdom for the year 2026. This comes following the publication of the 2026 UK Leverage Trading Report by Investment Trends. This achievement underlines OANDA’s work in the fintech sector and solidifies the company’s reputation as a
Gold and Bitcoin (BTC) have rallied as investors increasingly embrace the so-called debasement trade, while the US dollar has weakened. The timing has drawn attention to the US Treasury’s decision to increase its long-term debt buybacks. But according to Alexander Lis, chief investment officer at SDV, investors risk confusing two very different things: a Treasury
The Japanese yen is in a strong uptrend this week, reaching its highest level since February this year. The USD/JPY pair dropped to 154.28, down by nearly 6% from its highest level this year. This retreat will be put to the test ahead of major macro events in the next two weeks. Odds of BoJ