Monthly Archives: October 2023
41654156156Dollar Strengthens On Upbeat PMI Reading
Written on October 25, 2023 at 5:11 am, by jonywang
Favourable U.S. PMI data, coupled with better-than-expected Eurozone economic figures, led to the dollar rebounding above the $106 level. Amidst improving conditions in the Middle East conflict, international leaders and the United Nations advocate for Humanitarian Pauses to facilitate essential aid access for civilians. Gold prices remained stable, but oil prices faced a downturn dueContinue Reading
Dollar Plunges on Treasury Yield Surge
Written on October 24, 2023 at 5:14 am, by jonywang
The US dollar experienced a decline of over 0.5% as the US long-term bond yield touched the 5% mark. Hamas militants freed 2 hostages while Israel delayed a ground attack and provided relief from the heightened tension in the Middle East region. Meanwhile, China’s surprising affirmation of Israel’s right to self-defence injected optimism into globalContinue Reading
Trading Hour Schedule Changes for EU/UK Daylight Saving
Written on October 23, 2023 at 6:33 am, by jonywang
Dear Valued Client, Please note that in observance of the upcoming Daylight Saving Time in EU/UK, there will be changes to PU Prime’s trading schedule from 29th October 2023. Kindly refer to the table below outlining the affected instruments: *All hours are provided in GMT+3 (Server Time in MT4/MT5.) Please note the above data areContinue Reading
