Monthly Archives: September 2024
Dollar Eases Ahead of Key U.S. Job data
Written on September 18, 2024 at 11:05 pm, by
Market Summary The U.S. dollar lost strength after reaching a two-week high in the Dollar Index (DXY). The release of the Fed’s Beige Book indicated a decline in economic activity, a softening labour market, and moderating wage growth, which fueled speculation of a potential Fed rate cut. This dampened the dollar’s momentum, as traders nowContinue Reading
Wall Street Plummet on Poor PMI Reading
Written on September 18, 2024 at 11:04 pm, by
Market Summary Wall Street experienced a significant single-day sell-off yesterday, with the Nasdaq leading the decline, dropping more than 3%. Nvidia, a key player in the AI sector, saw a massive $279 billion loss in market value as its share price plunged by 9.5%. This sell-off was fueled by a softening market optimism after theContinue Reading
PU Prime Server Upgrade Completion Notice
Written on September 17, 2024 at 1:43 am, by
Dear Valued Client, PU Prime recently completed a MT4/MT5 servers upgrade on 14 September 2024 00:00 hrs. (GMT+3) to 15 September 2024 23:59 hrs. (GMT+3). We are pleased to inform that the server upgrade has been successfully completed and had been restored and fully functional. Gentle Reminder: If your MT4/MT5 accounts log out automatically afterContinue Reading
