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Yearly Archives: 2024

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Euro Jumps After Legislative Vote Held

Written on July 1, 2024 at 5:45 am, by

Market Summary The dollar’s recent strength was tempered by last Friday’s Personal Consumption Expenditures (PCE) reading, which aligned with market expectations. The mixed results of recent U.S. economic indicators have cast uncertainty over the Federal Reserve’s upcoming monetary policy moves, although part of the market remains optimistic about an October rate cut.  The euro surgedContinue Reading

EUR/USD Surge Amid Rising Fed Rate Cut Expectation

Written on July 1, 2024 at 2:19 am, by

Fundamental Analysis * Dovish Delight: The Euro has maintained its upward trend against the US Dollar for the third consecutive day. This movement is fueled by speculation that the US Federal Reserve may cut interest rates in 2024, weakening the US Dollar and supporting the EUR/USD pair. On Friday, the US Bureau of Economic AnalysisContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on June 28, 2024 at 8:30 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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