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Monthly Archives: February 2024

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Robust CPI Report Sparks Surge In Dollar Demand

Written on February 13, 2024 at 10:59 pm, by

January’s inflation exceeds expectations at 0.30% monthly and 3.10% year-on-year, reinforcing the Dollar’s strength. The Dollar Index hits a three-month high, driven by robust economic indicators, including strong job reports, GDP figures and US inflation. January’s inflation exceeds expectations at 0.30% monthly and 3.10% year-on-year, reinforcing the Dollar’s strength. Market expectations for Federal Reserve policyContinue Reading

US Share CFDs Products Adjustment Notice

Written on February 13, 2024 at 8:06 am, by

Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 19th February 2024 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: *All dates and times are provided in GMT+2 (Server Time in MT4/MT5.) If youContinue Reading

Dollar Holds Steady in Anticipation of US CPI

Written on February 13, 2024 at 3:46 am, by

Dollar in consolidation mode ahead of key economic data, investors are advised to continue eyeing on US CPI. The US Dollar adopts a consolidated stance in anticipation of key economic data, particularly US inflation and retail sales figures. Investors are closely monitoring the Consumer Price Index (CPI) for January, expecting a year-on-year increase of 2.90%,Continue Reading

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