Monthly Archives: September 2024
41654156156Dollar Strengthen as Inflation Data Remain High
Written on September 2, 2024 at 5:50 am, by pumarketings
Market Summary The highly anticipated PCE reading released last Friday catalysed the U.S. dollar, pushing it above its previous resistance level of $101.00 to reach a weekly high. While the Fed’s preferred inflation gauge came in lower than market expectations, it remained well above the 2% target, suggesting that the Fed may opt for aContinue Reading
Pound Slips As Market Pare Rate Cut Bets
Written on September 2, 2024 at 2:01 am, by pumarketings
Fundamental Analysis * Declining Odds: The pound sterling extend its losses against the greenback following the release of U.S PCE Price Index data which reduce expectation of Fed rate cut bets. The PCE inflation report showed that the core inflation, which excludes volatile food and energy prices, came in with 2.6%, slower than estimates ofContinue Reading
Understanding Stop Loss and Stop Limit Order in CFD Trading
Written on September 1, 2024 at 2:36 am, by 王建军
Stop Loss And Stop Limit Orders Are Commonly Used In CFD Trading. Stop loss orders and stop limit orders are often used in trading CFD, which stands for Contract For Differences, to limit losses on a position. A stop loss order is an order to sell a security when it reaches a certain price, whileContinue Reading
