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Monthly Archives: June 2024

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Japan Warns For Market Intervention To Protect Yen

Written on June 24, 2024 at 6:02 am, by

Market Summary All eyes are on the Japanese Yen as it continues its downward slide against its peers, notably experiencing a 3% decline against the dollar in June. As the USD/JPY pair approaches the critical 160 mark, Japan’s top currency official has heightened concerns by stating that Japanese authorities are prepared to intervene in theContinue Reading

Oil Price Ease On Strong Dollar, Mixed Global Economic News

Written on June 24, 2024 at 2:04 am, by

Fundamental Analysis * Solid Green: Crude prices dropped by about 1% on Friday due to concerns that global oil demand growth might be affected by a strong U.S. dollar and negative economic news from various regions. The U.S. dollar reached a seven-week high against a basket of other currencies, with the Federal Reserve’s cautious approachContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on June 21, 2024 at 6:52 am, by

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

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