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Monthly Archives: August 2024

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GBP/USD Struggles On BoE Rate Cut Bets, Civil Unrest

Written on August 8, 2024 at 2:19 am, by

Fundamental Analysis * Cable Struggle: The pound sterling continues to experience downward pressure as markets speculate about the possibility of two additional interest rate cuts from the Bank of England (BoE) this year. Recently, the BoE reduced interest rates for the first time since March 2020, lowering the bank rate by 0.25 percentage points toContinue Reading

CFD Rollover Notice for August

Written on August 7, 2024 at 8:42 am, by

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

8 Critical Mistakes Day Traders Make And How To Avoid Them

Written on August 7, 2024 at 5:46 am, by

Did you know that 80% of day traders give up within their first two months? This fact shows how tough day trading can be. At PU Prime, we’ve seen how avoiding common mistakes can change a trader’s path. Let’s look at eight key mistakes that often catch day traders off guard and how to avoidContinue Reading

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