Monthly Archives: December 2024
41654156156Upcoming Changes to Trading Hours
Written on December 24, 2024 at 6:43 am, by Array He
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming New Year’s holidays. Please refer to the table below outlining the affected instruments: *All dates and time are provided in GMT+2 (Server Time in MT4/MT5.) Note: In the event of reduced liquidity inContinue Reading
Wall Street Rebounds Ahead of Christmas Holiday
Written on December 24, 2024 at 5:15 am, by pumarketings
* Wall Street edged higher in the last session before the market closed for the Christmas holiday. * The U.S. Dollar rebounded as the market perceived a more hawkish approach from the Fed in the near term. * The Pound Sterling was hammered by the low GDP reading coupled with the recent poor UK economicContinue Reading
Aussie Remains Weak After RBA Meeting Minutes
Written on December 24, 2024 at 2:06 am, by pumarketings
Fundamental Analysis * RBA Retreat: The Australian Dollar remains under pressure against the US Dollar following the release of the Reserve Bank of Australia’s (RBA) December Meeting Minutes. RBA has emphasized that upside inflation risks have eased, reinforcing expectations of a potential rate cut in early 2025. This dovish outlook has dampened investor sentiment towardContinue Reading
