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Monthly Archives: July 2024

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ETFs Products Optimisation Notice

Written on July 22, 2024 at 7:21 am, by

Dear Valued Client, Please be advised that there will be optimisation on ETFs product from 29th July 2024 to further enhance the competitiveness and improve the trading environment. Please refer to the table below for optimisation: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) Please ensure there is sufficient margin in trading accountContinue Reading

Biden’s Election Withdrawal Bolstering Dollar?

Written on July 22, 2024 at 5:22 am, by

Market Summary Biden’s withdrawal from the upcoming U.S. presidential election has thrown a stun grenade into the market, with most asset classes standing pat as investors digest the event. The dollar remains poised at its high from last Friday, with expectations of strengthening as Trump’s advocacy may favor the greenback. Meanwhile, the U.S. equity marketContinue Reading

Yen Extend Losses Following Japan Inflation Data

Written on July 22, 2024 at 3:20 am, by

Fundamental Analysis * Yen Falter: The Japanese Yen (JPY) weaken against the greenback following the release of the latest mixed inflation data on Friday. Japan’s National Consumer Price Index (CPI) for June remained steady at 2.8%, matching the previous month’s figure and maintaining its highest level since February. However, Core CPI inflation increased to 2.6%,Continue Reading

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