Monthly Archives: February 2024
Dollar Retreats On Profit-Taking, Eyes On FOMC Minutes
Written on February 20, 2024 at 2:01 am, by jonywang
The US Dollar undergoes a notable retreat driven by profit-taking activities following recent gains, fueled by optimistic economic data The US Dollar undergoes a notable retreat driven by profit-taking activities following recent gains, fueled by optimistic economic data suggesting a delay in Federal Reserve interest rate cuts. Despite the pullback, the dollar’s overall resilience remains intact,Continue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on February 16, 2024 at 7:54 am, by jonywang
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading
CPI Strength Dampens Fed Rate Cut Prospects; Market Focus Turns to FOMC Meeting Minutes for More Cues
Written on February 16, 2024 at 6:21 am, by jonywang
Wednesday, 21 Feb, 21:00 – FOMC Meeting Minutes In January, the Federal Reserve declared a steady policy rate of 5.25% – 5.5%, acknowledging the uncertain trajectory toward a rate cut in 2024. While many investors are hopeful for a shift from rate hikes to cuts by the Fed in the upcoming months, the robust inflationContinue Reading
