Monthly Archives: May 2024
41654156156Yen Rose On Possible Japanese Intervention Fears
Written on May 3, 2024 at 2:03 am, by 王建军
Fundamental Analysis * Yen Triumph: The Japanese Yen is maintaining its rally against the US dollar amid speculation that Japan’s financial authorities have intervened for the second time this week to support the domestic currency. According to Reuters, data from the Bank of Japan on Thursday suggests that Japanese officials may have spent between 3.26Continue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on May 2, 2024 at 6:52 am, by lucaszhang
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading
Dollar Hammers By Dovish Powell Statement
Written on May 2, 2024 at 5:47 am, by 王建军
Market Summary The financial markets were roiled by Jerome Powell’s remarks following the Fed’s interest rate decision announcement. Powell’s dovish stance prompted a sharp decline in the strength of the U.S. dollar, while gold prices rebounded on the prospect of a softer dollar. Despite ongoing signs of inflationary pressures in the U.S, Powell indicated thatContinue Reading
