Yearly Archives: 2024
41654156156Euro Gains As Fed Rate Cut Around The Corner

Written on September 18, 2024 at 2:13 am, by pumarketings
Fundamental Analysis * Rate Cut Countdown: The euro continues to strengthen against the U.S. dollar as growing market expectations of a significant Fed rate cut weigh on the greenback. Speculation of a larger cut intensified following softer-than-expected August Producer Price Index (PPI) data and media reports suggesting officials are open to such a move. AccordingContinue Reading
Dollar Under Pressure: Is a 50 bps Rate Cut on the Horizon?

Written on September 17, 2024 at 3:24 am, by pumarketings
Market Summary The US Dollar Index continues to extend its losses, hovering near strong support levels ahead of the Federal Reserve’s crucial monetary policy meeting this week. With market expectations leaning towards a rate cut, investors are closely watching the Fed’s decision, as nearly 41% anticipate a 50-basis-point reduction, according to the CME FedWatch Tool.Continue Reading
PU Prime Server Upgrade Completion Notice
Written on September 17, 2024 at 1:18 am, by alanzhu
Dear Valued Client, PU Prime recently completed a MT4/MT5 servers upgrade on 14 September 2024 00:00 hrs. (GMT+3) to 15 September 2024 23:59 hrs. (GMT+3). We are pleased to inform that the server upgrade has been successfully completed and had been restored and fully functional. Gentle Reminder: If your MT4/MT5 accounts log out automatically afterContinue Reading