Monthly Archives: December 2024
41654156156Japanese Yen Extend Losses Amid BoJ Rate Hike Ambiguity
Written on December 26, 2024 at 2:12 am, by pumarketings
Fundamental Analysis * Rate Hike Skepticism: The Japanese Yen struggles to find buyers against the U.S. Dollar as investors remain doubtful about the Bank of Japan’s (BoJ) plans for a rate hike. Minutes from the BoJ meeting, released on Tuesday, highlighted the potential for gradual rate increases if inflation trends align with expectations, possibly reachingContinue Reading
Merry Christmas, Everyone! Markets Stay Subdued Amid Holiday Cheer
Written on December 25, 2024 at 7:07 am, by pumarketings
Market Summary The Dollar Index remained flat as markets slowed down for Christmas, with limited economic data revealing continued contraction in the US manufacturing sector. Gold prices stayed stagnant during thin holiday trading, weighed down by the Fed’s cautious stance on reducing borrowing costs, keeping a bearish tone in the market. US equities closed higherContinue Reading
Upcoming 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
