Monthly Archives: October 2023
Dollar Plunges on Treasury Yield Surge
Written on October 24, 2023 at 5:14 am, by lishitong
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
How Do Contrarian Traders Use A Contrarian Trading Strategy
Written on October 23, 2023 at 6:20 am, by lishitong
In the dynamic world of financial markets, a contrarian trading strategy could provide an intriguing approach for traders and investors. Contrarian traders challenge the prevailing market sentiment and seek trading opportunities when others are pessimistic or overly optimistic. By going against the crowd, these savvy investors aim to profit from market reversals. In this article,Continue Reading
