Monthly Archives: July 2024
41654156156All Eye On Powell’s Testimony
Written on July 9, 2024 at 6:50 am, by 王建军
Market Summary Jerome Powell’s 2-day testimony at Capitol Hill begins today, and traders will be closely monitoring his statements for insights into the rate cut schedule. With the U.S. presidential election approaching, it is believed that the Fed will maintain its independence and possibly delay any rate cut policy until after the election. The dollarContinue Reading
Loonie Slips Following Prospect Of BoC Rate Cut
Written on July 9, 2024 at 3:12 am, by 王建军
Fundamental Analysis * Loonie Dip: The Canadian Dollar has declined against the U.S. Dollar due to expectations of consecutive rate cuts from the Bank of Canada (BoC). These expectations have risen amid turmoil in the labor market. Recently, Canada’s unemployment rate increased more than anticipated, reaching 6.4% compared to the expected 6.3% and the previousContinue Reading
CFD Rollover Notice for July
Written on July 8, 2024 at 7:13 am, by lucaszhang
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: Please note: The rolloverContinue Reading
