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Monthly Archives: December 2023

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New Product Launch

Written on December 14, 2023 at 6:15 am, by

Dear Valued Client, We are pleased to announce that PU Prime will launch new products of Share CFDs on MT5 server starting from 18th December 2023 to provide clients with a broader portfolio of products. Please refer to the table below: *All dates are provided in GMT+2 (Server Time in MT4/MT5.) Please note that theContinue Reading

Powell’s Dovish Tone Hammers Dollar’s Strength

Written on December 14, 2023 at 6:08 am, by

The Fed chief struck a dovish tone in his statement following the interest rate decision. Discussions around when policymakers might start cutting rates emerged The Federal Reserve’s interest rate decision aligned with market expectations, as the U.S. central bank maintained interest rates for a third consecutive meeting. However, despite a positive Nonfarm Payrolls (NFP) reportContinue Reading

All Eyes On Jerome Powell Speech Today

Written on December 13, 2023 at 5:56 am, by

Traders are on edge, awaiting Federal Reserve Chair Jerome Powell’s speech later today for insights into the Fed’s upcoming monetary policy. The eagerly anticipated U.S. Consumer Price Index (CPI) reading was unveiled last night, aligning with market expectations and indicating signs of moderation in the country’s inflation rate. In contrast to the robust U.S. jobContinue Reading

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