Yearly Archives: 2024
41654156156GBP/USD Struggles On BoE Rate Cut Bets, Civil Unrest
Written on August 8, 2024 at 2:19 am, by pumarketings
Fundamental Analysis * Cable Struggle: The pound sterling continues to experience downward pressure as markets speculate about the possibility of two additional interest rate cuts from the Bank of England (BoE) this year. Recently, the BoE reduced interest rates for the first time since March 2020, lowering the bank rate by 0.25 percentage points toContinue Reading
CFD Rollover Notice for August
Written on August 7, 2024 at 8:42 am, by allenli
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: Please note: • The rolloverContinue Reading
Japanese Yen Eases On BoJ Dovish Statement
Written on August 7, 2024 at 5:27 am, by 王建军
Market Summary The Japanese Yen eased on Wednesday morning after the BoJ Deputy Governor indicated that the Japanese central bank would not raise interest rates if global markets remained unstable. This statement has calmed the market and unwound concerns about Yen carry trades. Meanwhile, the dollar has regained strength, with the dollar index (DXY) climbingContinue Reading
