Monthly Archives: April 2024
41654156156Pound Remains Defensive Amid Slowing UK Inflation.
Written on April 3, 2024 at 2:00 am, by 王建军
Fundamental Analysis * Dismal mood: The Pound Sterling has fell against the dollar and its peer as the major pair remains at risk due to slowing UK inflation and negative market sentiment. On U.S front, several Federal Reserve officials discussed the monetary policy outlook on Tuesday. Loretta Mester, President of the Cleveland Fed Bank, maintainedContinue Reading
Trading Schedule Changes for AU Daylight Saving
Written on April 3, 2024 at 1:58 am, by allenli
Dear Valued Client, Please note that in observance of the upcoming AU Daylight Saving Time on 7 April 2024, there will be changes to PU Prime’s trading schedule starting from 8 April 2024. Kindly refer to the table below for the schedule of all the instruments that are subject to changes: *All hours are providedContinue Reading
Upbeat PMI Readings Bolsters Dollar
Written on April 2, 2024 at 5:32 am, by 王建军
Market Summary The dollar index (DXY) surged by nearly 0.5% in the previous session, propelled by the robust ISM PMI readings surpassing the 50-mark threshold, signalling sustained economic growth in the United States. Federal Reserve Chair Jerome Powell’s relatively dovish remarks last Friday, following the release of the PCE reading within expectations, fostered market anticipationContinue Reading
