well i just spoke to a reputed fx trader who tried scalping in indian markets which unfortunately din work for him.. the reason was poor delivery of RT quotes to the terminal.. he says even the real time quotes are not real with the best of the service in india.. they are delayed and by the time u exit ur position, the trade is booked at a Scalping can be very profitable for traders who decide to use it as a primary strategy or even those who use it to supplement other types of trading.

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Turkey's central bank delivered a massive interest rate cut Thursday in a bid to jump-start the country's recession-hit economy. Policymakers - including newly installed central bank chief Murat Uysal - slashed Turkey's key interest rate from 24 percent to 19.75 percent. Turkish central bank hikes rates to 24 percent. The Central Bank of Turkey increased its benchmark interest rate on Thursday to 24 percent, a hike of 625 basis points from the previous rate of 17.75 percent. The Turkish lira jumped more than 2 percent on the news, firming to around 6.1 against the dollar. The move,

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