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Monthly Archives: June 2024

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PU Prime App and MT4/MT5 Server Upgrade Notice

Written on June 13, 2024 at 9:00 am, by

Dear Valued Client, PU Prime will be upgrading it’s PU Prime App and MT4/MT5 servers starting from 15 June 2024 00:00 hrs. (GMT+3) to 13:00 hrs. (GMT+3). Access to PU Prime Apps and MT4/MT5 accounts will not be available during the server upgrading period. All orders would not be executed during the server upgrading period.Continue Reading

Soft CPI Hammers Dollar 

Written on June 13, 2024 at 5:49 am, by

Market Summary The financial markets experienced significant fluctuations in the last session, driven by two major economic events. Firstly, the U.S. CPI came in lower than market consensus, indicating easing inflation and boosting risk appetite. However, later in the session, the FOMC announced that there will be only one interest rate cut this year, reinforcingContinue Reading

USD/JPY Zigzag Amid Mixed Signal.

Written on June 13, 2024 at 2:17 am, by

Fundamental Analysis * Fed Hawk: The USD/JPY initially dropped from its peak but later recovered somewhat as the market continued to digest soft U.S inflation data alongside the Fed hawkish stance. The latest US Consumer Price Index (CPI) unchanged in May, the first time since last June, and decreased to 3.3% annually from April’s 3.4%.Continue Reading

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