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Monthly Archives: June 2024

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All Eye On Today’s U.S. PCE

Written on June 28, 2024 at 2:51 am, by

Market Summary The Dollar Index (DXY) showed resilience following early-session easing on Wednesday, bolstered by strong U.S. economic indicators including upbeat Initial Jobless Claims and GDP figures. However, bullish momentum remained tempered amidst market perceptions of a potential Fed policy shift in September, reflected in a decline in U.S. Treasury yields. Investors are eagerly anticipatingContinue Reading

Gold Consolidates As Focus Shifts To PCE

Written on June 28, 2024 at 2:24 am, by

Fundamental Analysis * Golden Pause: Gold prices (XAU/USD) are hovering near two-week lows, trading around the $2300 mark, as the Fed’s hawkish stance and higher US bond yields have created a headwind for the yellow metal. At the end of the June meeting, the Federal Reserve adopted a more hawkish approach, with policymakers advocating forContinue Reading

PU Prime App and MT4/MT5 Server Upgrade Notice

Written on June 27, 2024 at 8:15 am, by

Dear Valued Client, PU Prime will be upgrading it’s PU Prime App and MT4/MT5 servers starting from 29 June 2024 00:00 hrs. (GMT+3) to 12:00 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

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