Monthly Archives: April 2024
41654156156Trading Schedule Changes for AU Daylight Saving
Written on April 3, 2024 at 1:58 am, by lucaszhang
Dear Valued Client, Please note that in observance of the upcoming AU Daylight Saving Time on 7 April 2024, there will be changes to PU Prime’s trading schedule starting from 8 April 2024. Kindly refer to the table below for the schedule of all the instruments that are subject to changes: *All hours are providedContinue Reading
Upbeat PMI Readings Bolsters Dollar
Written on April 2, 2024 at 5:32 am, by jonywang
Market Summary The dollar index (DXY) surged by nearly 0.5% in the previous session, propelled by the robust ISM PMI readings surpassing the 50-mark threshold, signalling sustained economic growth in the United States. Federal Reserve Chair Jerome Powell’s relatively dovish remarks last Friday, following the release of the PCE reading within expectations, fostered market anticipationContinue Reading
AUD/USD Plunged Amid Dovish RBA
Written on April 2, 2024 at 1:53 am, by jonywang
Fundamental Analysis * RBA Bombshell: The Aussie dollar have plunged against the dollar after the Reserve Bank of Australia (RBA) have delivered a dovish statement in its meeting minutes. The Reserve Bank of Australia (RBA) released the minutes from its March monetary policy meeting, revealing that the board did not entertain the possibility of increasingContinue Reading
