Monthly Archives: December 2024
41654156156GBP/JPY Remains Solid After Dovish BoJ
Written on December 23, 2024 at 2:25 am, by pumarketings
Fundamental Analysis * Dovish Note: The GBP/JPY pair remains steady, edging higher as it is influenced by recent dovish expectations surrounding the Bank of Japan (BoJ). The BoJ maintained its benchmark interest rate at 0.25%, with Governor Ueda offering no clear indication of a potential rate hike in January, contrary to some market expectations. UedaContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on December 20, 2024 at 6:12 am, by Array He
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
Dollar Bolsters by Upbeat U.S. Economic Indicators
Written on December 20, 2024 at 3:06 am, by pumarketings
Market Summary Following the hawkish remarks from the Fed on Wednesday after the interest rate decision, the upbeat U.S. economic indicators released yesterday have further boosted the U.S. dollar, driving it to a two-year high and suggesting a bullish outlook for the greenback. Additionally, the U.S. long-term treasury yield is nearing the 4.6% level, whichContinue Reading
