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Monthly Archives: December 2023

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Downbeat PCE Hinders Dollar

Written on December 25, 2023 at 4:20 am, by

The U.S. Personal Consumption Expenditures (PCE) price index falling short suggests a slowdown in inflation, contributing to the persistent dovish sentiment from Fed officials. The US Dollar continues its decline, with increasing speculation about the Federal Reserve’s dovish stance, particularly after the latest U.S. economic data released last Friday. The U.S. Personal Consumption Expenditures (PCE)Continue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on December 22, 2023 at 7:52 am, by

Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading

Dollar Hits 1-Week Low, Focus On PCE Report

Written on December 22, 2023 at 1:06 am, by

The US Dollar grapples with a one-week low against major currencies as investors await critical US inflation data for Federal Reserve policy insights. The US Dollar grapples with a one-week low against major currencies as investors await critical US inflation data for Federal Reserve policy insights. Disappointing Q3 GDP figures, revealing a growth rate ofContinue Reading

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