Analysis, education and company news from our Dubai desk — practical reading for anyone trading Forex, indices and commodities.
Forex markets have had plenty to digest over the past week, with a soft US jobs report reshaping expectations around the Federal Reserve's next move — and sending ripple effects across major currency pairs, gold, and broader risk sentiment.
An economic calendar helps a forex trader know when scheduled data, central-bank decisions, and policy speeches may increase volatility. For traders in Dubai, the key step is converting release times correctly into Gulf Standard Time, which is UTC+4 and does not use daylight saving.
XAU/USD account advertisements often focus on a low spread, high leverage or small minimum deposit. Each number can influence the trading experience, but none should be evaluated alone. A narrow spread cannot make an oversized leveraged position safe.
Forex trading is generally legal in the UAE when it is conducted through an appropriately authorized provider and in accordance with the laws and regulations applying to that provider, financial activity, and jurisdiction.
Please read these documents carefully before opening an account or trading.