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Monthly Archives: April 2024

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Japanese Yen Seesaw after Hitting 160 Mark

Written on April 29, 2024 at 5:59 am, by

Market Summary The U.S. Personal Consumption Expenditures (PCE) data released last Friday slightly surpassed market expectations and the previous reading, supported by recent positive economic indicators in the U.S. This bolstered the dollar index, as investors interpreted the data as a sign that the Federal Reserve may scale back its plans for interest rate reductionsContinue Reading

Gold Falls As US Dollar Rises On Strong Core PCE Inflation.

Written on April 29, 2024 at 2:08 am, by

Fundamental Analysis * Golden Dilemma: The price of the yellow metal has fallen from its high as US Dollar’s recovery driven by elevated US core PCE inflation data, putting pressure on the value of gold. The annual underlying inflation data rose at a higher pace of 2.7% from the estimates of 2.6% but decelerated fromContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on April 26, 2024 at 7:24 am, by

Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading

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