Monthly Archives: October 2024
41654156156U.S Dollar Jumps on Heightens Treasury Yield
Written on October 23, 2024 at 5:30 am, by pumarketings
Market Summary The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears. Investors are preparing for theContinue Reading
Euro Extend Losses On Dovish ECB Remarks
Written on October 23, 2024 at 2:08 am, by pumarketings
Fundamental Analysis * Rate Cut Hints: The Euro continues its decline against the dollar, hitting fresh two-month lows due to comments from European Central Bank (ECB) officials and elevated U.S. Treasury yields. ECB member Mario Centeno struck a dovish tone, suggesting the possibility of either a 50 or 25 basis point rate cut depending onContinue Reading
MT5 New Product Launch
Written on October 22, 2024 at 8:15 am, by glennsong
Dear Valued Client, We are pleased to announce that PU Prime will launch new products of US Share ADR CFDs on MT5 server starting from 28th October 2024 to provide clients with a broader portfolio of products. Please refer to the table below: *All dates are provided in GMT+3 (Server Time in MT5.) Please noteContinue Reading
