Monthly Archives: May 2024
Dollar Strengthens On Strong U.S. Wage Data
Written on May 9, 2024 at 5:40 am, by
Market Summary The U.S. dollar surged and equities stumbled following the release of the U.S. employment cost index, which revealed a robust 1.2% increase, the sharpest uptick in a year. This data underscores the tightness of the U.S. job market and raises concerns about potential inflationary pressures. Investors are eagerly anticipating the Federal Open MarketContinue Reading
Japanese Yen Fluctuation Eases after Rumour Clear
Written on May 9, 2024 at 5:36 am, by
Market Summary The Japanese Yen experienced a significant fluctuation, moving more than 500 pips against the U.S. dollar in the last trading session. This volatility was driven by market speculation regarding potential intervention by Japanese authorities after the Yen surpassed the 160 mark against the dollar. Meanwhile, market participants are also focusing on the upcomingContinue Reading
CFD Rollover Notice for May
Written on May 8, 2024 at 2:11 am, by
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: Please note: The rolloverContinue Reading
