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Monthly Archives: December 2024

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Gold Remains Weak Ahead of Fed’s Interest Rate Decision

Written on December 16, 2024 at 5:55 am, by

Market Summary Gold has declined over the past two sessions as the market braces for a pivotal Fed interest rate decision this week. Robust U.S. economic data has reinforced expectations of a hawkish stance from the Federal Reserve, bolstering the dollar and putting downward pressure on the precious metal. Should Fed officials signal a moreContinue Reading

USDJPY Rose Amid Fading Hopes of BoJ Tightening

Written on December 16, 2024 at 2:20 am, by

Fundamental Analysis * Dimmed Expectations: The Japanese Yen extended its losses against the dollar, hitting a two-week low after dovish remarks from the Bank of Japan (BoJ) dampened expectations for a rate hike. A Bloomberg report, quoting BoJ officials, indicated that the bank sees minimal downside in delaying rate increases. This has fueled speculation thatContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on December 13, 2024 at 7:15 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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