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Monthly Archives: June 2024

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PU Prime App and MT4/MT5 Server Upgrade Notice

Written on June 27, 2024 at 8:15 am, by

Dear Valued Client, PU Prime will be upgrading it’s PU Prime App and MT4/MT5 servers starting from 29 June 2024 00:00 hrs. (GMT+3) to 12:00 hrs. (GMT+3). Access to PU Prime Apps and MT4/MT5 accounts will not be available during the server upgrading period. All orders would not be executed during the server upgrading period.Continue Reading

Japanese Yen Trades to New Low in Decades

Written on June 27, 2024 at 5:37 am, by

Market Summary The Japanese Yen plummeted to its weakest level since 1986 at 160.87 against the greenback. The currency pair has lost more than 12% this year and is well above the tolerance level for the BoJ to intervene. The BoJ hinted at a potential rate hike in July, and the Japanese CPI reading dueContinue Reading

Oil Price Dips As US Demand Slow, Rising Supply

Written on June 27, 2024 at 2:15 am, by

Fundamental Analysis * Energy Ebb: The price of the crude oil have fell due to an unexpected increase in U.S. stockpiles, raising concerns about sluggish demand from the world’s largest oil consumer. The U.S. Energy Information Administration (EIA) reported a 3.6-million-barrel rise in the country’s crude oil stocks last week, surprising analysts polled by ReutersContinue Reading

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