Monthly Archives: August 2024
41654156156Upcoming Changes to Trading Hours
Written on August 5, 2024 at 8:10 am, by alanzhu
Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming August 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
NFP Hammers Dollar To 4 Months Low
Written on August 5, 2024 at 5:33 am, by 王建军
Market Summary The aftermath of the Japanese yen’s strengthening has manifested in significant dips across multiple markets, including equities, commodities, and various currencies. The yen has erased all its 2024 losses against the dollar, moving towards the 145.00 mark. The dollar index (DXY) has fallen to its lowest level since March, hovering above the $103Continue Reading
Euro Climbs Following Weak U.S. Nonfarm Payrolls Data
Written on August 5, 2024 at 2:10 am, by 王建军
Fundamental Analysis * NFP Flop: The euro surged against the dollar following the disappointing U.S. Nonfarm Payrolls (NFP) data. In July, NFP increased by 114,000, a decline from the revised 179,000 in June and below the forecast of 185,000, according to the Labor Department’s report on Friday. The Unemployment Rate also rose to 4.3%, theContinue Reading
