Monthly Archives: June 2024
41654156156Pound Sterling Slips Amid BoE Rate Decision
Written on June 21, 2024 at 2:42 am, by jonywang
Fundamental Analysis * Dovish Tone: The GBP/USD exchange rate declined after the Bank of England (BoE) decided to keep interest rates at 5.25%. The accompanying statement indicated the decision was “finely balanced,” implying there was a significant risk the BoE might have opted to cut rates. The language of the accompanying statement and minutes wasContinue Reading
Server Upgrade Notice
Written on June 20, 2024 at 8:25 am, by alanzhu
Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers starting from 22 June 2024 15:00 hrs. (GMT+3) until 23 June 2024 04:00 hrs. (GMT+3). Access to MT4/MT5 accounts will not be available during the server upgrading period. All orders would not be executed during the server upgrading period. Gentle Reminder: Deposit, withdrawal, dataContinue Reading
Focus On Today’s BoE Interest Rate Decision
Written on June 20, 2024 at 5:36 am, by jonywang
Market Summary The financial market remained relatively quiet as the U.S. celebrated its National Independence Day holiday yesterday, resulting in a halt for the U.S. equity market. However, the equity market futures remained bullish, catalysed by the tech sector. Attention now turns to the Pound Sterling as the Bank of England’s (BoE) interest rate decisionContinue Reading
