Monthly Archives: August 2024
Notification of Server Upgrade – Aug 1, 2024
Written on August 1, 2024 at 9:37 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be MT4 server maintenance this weekend. MT4 Maintenance Hours: 03th of August 2024 (Saturday) 09:00 – 13:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote and trading management Continue Reading
Dividend Adjustment Notice – Aug 1,2024
Written on August 1, 2024 at 9:26 am, by anakin
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for more Continue Reading
Rupee edges higher with Asian peers; forward premiums increase
Written on August 1, 2024 at 8:05 am, by anakin
The rupee (USDINR) stood at 83.70 against the U.S. dollar as of 11:00 a.m. IST, up from its previous close of 83.72. On Wednesday, the currency had hit a record low of 83.7450. Asian currencies rose between 0.1% and 0.8%, while the dollar index (DXY) was at 104 after declining 0.4% on Wednesday.
Aussie and Kiwi hold steady as bond rally fuels rate cut hopes
Written on August 1, 2024 at 7:29 am, by anakin
The Australian dollar (AUDUSD) held at $0.6540, recovering from a three-month low of $0.6480 overnight. Support lies around $0.6466, with resistance at $0.6580.
Dollar recovers as Fed hints at cuts; yen firms on BOJ hawkishness
Written on August 1, 2024 at 7:06 am, by anakin
An eventful Wednesday saw the Bank of Japan (BOJ) raise interest rates to levels not seen in 15 years. This prompted traders to reassess popular carry trades before the Federal Reserve held rates steady but hinted at potential rate cuts as U.S. inflation cools.
