Yearly Archives: 2024
Dollar Strengthen on Robust Job Data
Written on November 22, 2024 at 5:50 am, by pumarketings
Market Summary The dollar regained strength after a brief technical correction, with the Dollar Index (DXY) rising above the 107 mark, bolstered by strong U.S. job data. Initial Jobless Claims came in below market expectations, signalling a resilient labour market and potentially paving the way for a more hawkish Fed stance. The Japanese yen alsoContinue Reading
Dollar Stable Despite Quiet Week, PCE May Boost It Further
Written on November 22, 2024 at 2:44 am, by pumarketings
Tuesday, 26 November 2024, 17:00 – US CB Consumer Confidence The latest U.S. CB Consumer Confidence Index for showed a strong improvement to 108.7, surpassing both the forecast of 99.5 and the previous month’s 99.2. This rebound indicates heightened optimism among U.S. consumers about current and future economic conditions. Key drivers included robust job marketContinue Reading
What is the Difference Between Copy Trading and Manual Trading?
Written on November 21, 2024 at 8:37 am, by sallychang
In this ever-changing landscape of financial markets, copy trading and manual trading are two distinct approaches that stand out. Both methods cater to a wide spectrum of traders with varied levels of experience and risk appetite, each offering unique benefits and challenges. In this blog article, we will delve into the intricacies of both methods,Continue Reading
