Monthly Archives: January 2025
41654156156NZD/USD Dips On Strong US Data

Written on January 8, 2025 at 2:10 am, by pumarketings
Fundamental Analysis * Robust Data: The New Zealand dollar weakened against the U.S. dollar after upbeat U.S. data suggested the Federal Reserve might slow its pace of rate cuts. December saw an acceleration in U.S. services sector activity, with the ISM Services PMI rising to 54.1 from November’s 52.1, exceeding the forecast of 53.3. Additionally,Continue Reading
Upcoming Changes to Trading Hours
Written on January 7, 2025 at 7:26 am, by alanzhu
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming January 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 in theContinue Reading
Canadian Dollar Calm After Prime Minister Step-Down

Written on January 7, 2025 at 5:35 am, by pumarketings
Market Summary Canadian Prime Minister Justin Trudeau announced his resignation after nine years in office, leaving the Canadian dollar relatively steady as markets look forward to new leadership. Meanwhile, the U.S. dollar faced downward pressure amid reports that President-elect Donald Trump may ease tariff policies on imported goods, reducing concerns over trade tensions. This softerContinue Reading