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Monthly Archives: July 2024

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U.S. Geopolitical Issue Boost Dollar’s Strength

Written on July 15, 2024 at 3:07 am, by

Market Summary Over the weekend, a significant event unfolded in the U.S. presidential race as candidate Donald Trump was shot at a campaign rally in Pennsylvania, intensifying geopolitical uncertainty across markets. The dollar swiftly reacted, rebounding from recent lows amid expectations that Trump’s fiscal policies, known for potentially boosting treasury yields, could strengthen the currencyContinue Reading

Kiwi Slips Amid Weak Business NZ PSI, Rising Risk Aversion

Written on July 15, 2024 at 2:15 am, by

Fundamental Analysis * PSI Bust: The New Zealand dollar has depreciated against the US dollar as the market absorbed the weaker-than-expected Business NZ Performance Services Index. The New Zealand service sector’s decline is accelerating, with the index falling to 40.2 in June, marking its fourth consecutive monthly decrease and the lowest activity level recorded inContinue Reading

PU Prime App Upgrade Notice

Written on July 12, 2024 at 10:16 am, by

Dear Valued Client, PU Prime will be upgrading its PU Prime App starting from 13 July 2024 06:00 hrs. (GMT+3) until 11:00 hrs. (GMT+3) to further optimise the trading environment. We would like to highlight that access and functionality of PU Copy Trading will be temporarily suspended during the upgrading period, as it is exclusivelyContinue Reading

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