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Monthly Archives: May 2024

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Eyeing on Today’s Euro CPI

Written on May 17, 2024 at 5:55 am, by

Market Summary The dollar index (DXY) found support above the $104 mark after two consecutive sessions of decline, as U.S. inflation showed signs of easing. The U.S. initial jobless claims released yesterday came in slightly better than the previous reading, providing some buoyancy for the dollar. While the U.S. stock market lacked momentum, the HongContinue Reading

Aussie Falls on Fed’s Tough Stance, Rising US Yields

Written on May 17, 2024 at 2:07 am, by

Fundamental Analysis * Monetary Musings: The Australian dollar experienced declines against the US dollar following statements made by multiple Federal Reserve officials. A number of Fed officials, including Loretta Mester, John Williams, and Thomas Barkin, suggested that it might be necessary to maintain higher interest rates for an extended period until there is clearer evidenceContinue Reading

Server Upgrade Notice

Written on May 17, 2024 at 1:59 am, by

Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers starting from 18 May 2024 00:00 hrs. (GMT+3) until 18 May 2024 04:00 hrs. (GMT+3). Access to MT4/MT5 accounts will not be available during the server upgrading period. All orders would not be executed during the server upgrading period. Gentle Reminder: Deposit, withdrawal, dataContinue Reading

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