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Monthly Archives: April 2024

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Upcoming Changes to Trading Hours

Written on April 30, 2024 at 6:45 am, by

Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming May holidays. Please refer to the table below outlining the affected instruments: * All hours are provided in GMT+3 (Server Time in MT4/MT5.) Note: In the event of reduced liquidity in the market,Continue Reading

Japanese Yen Fluctuation Eases after Rumour Clear

Written on April 30, 2024 at 5:16 am, by

Market Summary The Japanese Yen experienced a significant fluctuation, moving more than 500 pips against the U.S. dollar in the last trading session. This volatility was driven by market speculation regarding potential intervention by Japanese authorities after the Yen surpassed the 160 mark against the dollar. Meanwhile, market participants are also focusing on the upcomingContinue Reading

Loonie Weakens Ahead Of GDP, Oil Price Weigh.

Written on April 30, 2024 at 2:20 am, by

Fundamental Analysis * Loonie Lull: The Canadian dollar, which had been trading against both the U.S. dollar and other currencies, experienced a drop. This was due to a slight recovery in the U.S. dollar and a decrease in oil prices, both contributing to the currency’s decline. On U.S front, Federal Reserve officials, including Fed GovernorContinue Reading

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