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Monthly Archives: September 2024

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Server Upgrade Notice

Written on September 12, 2024 at 5:51 am, by

Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers starting from 14 September 2024 00:00 hrs. (GMT+3) to 15 September 2024 23:59 hrs. (GMT+3). Access to MT4/MT5 Demo and Live accounts via the MT4/MT5 App, WebTrader, and PU Prime App will remain available during the server upgrade. However, price quotes, order execution, andContinue Reading

Dollar Remain Strong on Upbeat CPI

Written on September 12, 2024 at 5:35 am, by

Market Summary The U.S. CPI readings released last night exceeded market expectations, dispelling concerns about an economic contraction in the U.S. In response, Wall Street rallied, with the Nasdaq leading the gains, climbing over 350 points in the last session. In the bond market, swap traders are now fully pricing in a quarter-point rate cutContinue Reading

Pound Slips After US CPI Data, UK GDP Data Weigh

Written on September 12, 2024 at 2:21 am, by

Fundamental Analysis * Data Dilemma: Pound sterling have fell against the greenback as the market reacted to the latest inflation data from the U.S. Economic activity released during the European session seems to have added pressure on the pound. According to data, annual core CPI, which excludes volatile food and energy prices, remained unchanged atContinue Reading

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