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Monthly Archives: October 2024

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Euro Extend Losses On Dovish ECB Remarks

Written on October 23, 2024 at 2:08 am, by

Fundamental Analysis * Rate Cut Hints: The Euro continues its decline against the dollar, hitting fresh two-month lows due to comments from European Central Bank (ECB) officials and elevated U.S. Treasury yields. ECB member Mario Centeno struck a dovish tone, suggesting the possibility of either a 50 or 25 basis point rate cut depending onContinue Reading

MT5 New Product Launch

Written on October 22, 2024 at 8:15 am, by

Dear Valued Client, We are pleased to announce that PU Prime will launch new products of US Share ADR CFDs on MT5 server starting from 28th October 2024 to provide clients with a broader portfolio of products. Please refer to the table below: *All dates are provided in GMT+3 (Server Time in MT5.) Please noteContinue Reading

Dollar Stays Strong as U.S. Election is Approaching

Written on October 22, 2024 at 5:01 am, by

Market Summary Safe-haven gold continues to trade within a bullish trajectory as traders closely watch developments in the Middle East. With the U.S. presidential election looming, demand for gold has surged due to the uncertainty surrounding the event. Meanwhile, silver has exhibited extreme bullish momentum, rising nearly 7% last week and holding at its highestContinue Reading

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