Monthly Archives: June 2024
41654156156CFD Rollover Notice for June
Written on June 6, 2024 at 6:28 am, by lucaszhang
Dear Valued Client, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: Please note: The rolloverContinue Reading
Dollar Hammers By Soft U.S. Job Data
Written on June 6, 2024 at 5:48 am, by 王建军
Market Summary The ADP Nonfarm Employment Change data released yesterday provided a preview of the highly anticipated Nonfarm Payroll report due on Friday. The dollar tumbled to its lowest level in two months following the disappointing job data, which reinforced bets on a Federal Reserve rate cut. This speculation of a dovish shift in FedContinue Reading
Kiwi Surge Amid Fed Rate Cut Bets, Positive China Data
Written on June 6, 2024 at 1:55 am, by 王建军
Fundamental Analysis * Kiwi Boost: The New Zealand Dollar continues to extend its rally against the US Dollar, reaching a three-month high as investors start to anticipate two interest rate cuts by the Federal Reserve, which weakens the greenback. Despite better-than-expected ISM Service PMI data, the dollar’s strength was short-lived due to recent U.S. GDPContinue Reading
