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Monthly Archives: April 2024

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USD/CAD Extend Gains Amid Upbeat U.S Data

Written on April 16, 2024 at 2:03 am, by jonywang

Fundamental Analysis * Diving Loonie: The Canadian Loonie continue to lose ground against the dollar as US Dollar has resumed its upward trend, propelled by retail consumption data surpassing expectations which affirming the robust momentum of the US economy. The US Census Bureau revealed that March’s Retail Sales grew by 0.7% growth YoY, which isContinue Reading

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Categories: Trading Blog, Trading Knowledge

Safe-Haven Surge Amid Rising Middle East Tensions

Written on April 15, 2024 at 4:14 am, by jonywang

Market Summary Gold surged past $2400 per troy ounce, hitting record highs driven by geopolitical tensions and global uncertainty before retracing as technical indicators signalled overheating, prompting profit-taking. Despite this, gold saw a remarkable 20% surge since mid-February, catching investors off guard amid talks of Federal Reserve interest rate cuts. Geopolitical tensions escalated as IranContinue Reading

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Categories: Daily Market Analysis, Market Insights

New Product Launch

Written on April 15, 2024 at 3:44 am, by lucaszhang

Dear Valued Client, We are pleased to announce that PU Prime will launch new products of Indices on 22nd April 2024 to provide clients with a broader portfolio of products. Please refer to the table below outlining the new instrument: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) Please note that the aboveContinue Reading

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Categories: 新闻公告

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