Monthly Archives: November 2024
41654156156Server Upgrade Notice
Written on November 22, 2024 at 2:27 am, by alanzhu
Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers starting from 23 November 2024 00:00 hrs. (GMT+2) until 23 November 2024 03:00 hrs. (GMT+2). Access to MT4/MT5 accounts will still be available during the server upgrading period. However. all orders of the affected products will not be executed during the server upgrading period.Continue Reading
Gold Extends its Gain as Geopolitical Tension Heighten
Written on November 21, 2024 at 5:21 am, by pumarketings
Market Summary The financial market’s focus remains locked on escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, significantly heightening geopolitical risks. This development has intensified demand for safe-haven assets, with gold rallying over 3% since the start of the week. Analysts expect the bullish momentum in gold prices toContinue Reading
Canadian Dollar Struggles On Bullish Dollar
Written on November 21, 2024 at 2:17 am, by pumarketings
Fundamental Analysis * Dollar Dominance: The Canadian Dollar faces challenges in maintaining its gains as the U.S. Dollar strengthens, driven by increasing skepticism about the pace of Federal Reserve rate cuts. Speculation is mounting that the Fed might adopt a more gradual approach to easing rates. Chicago Fed President Austan Goolsbee suggested on Thursday thatContinue Reading