Monthly Archives: April 2024
41654156156Oil Prices Plummet On Strong U.S. Crude Inventories Build-up
Written on April 18, 2024 at 5:43 am, by jonywang
Market Summary The U.S. dollar experienced a technical retracement, easing from its 2024 peak and breaking below the $106 mark. Despite this, robust U.S. economic performance and the Federal Reserve’s hawkish stance are expected to provide underlying support to the dollar. Concurrently, the easing dollar has allowed its peers to make gains, notably the JapaneseContinue Reading
EUR/USD Steady Amid Renewed Selling Pressure On Greenback
Written on April 18, 2024 at 2:18 am, by jonywang
Fundamental Analysis * Euro’s Steadfast: The Euro has slightly recovered and edge higher against the dollar as investors consolidated gains after Federal Reserve officials repeated the interest rate-cutting cycle is on hold pending new economic data, while the monetary easing outlook for other major central banks remained unchanged. On top of that, Euro also receivedContinue Reading
Share CFDs Products Adjustment Notice
Written on April 17, 2024 at 6:17 am, by lucaszhang
Dear Valued Client, Please be advised that the leverage on all US Share CFDs products will be adjusted starting from 22nd April 2024 to further optimise the competitiveness and improve the trading environment. Please refer to the table below for adjustment: Additionally, the leverage for new positions opened to all shares CFDs during 30 minutesContinue Reading
