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Yearly Archives: 2024

Central Banks’ Rate Moves: Markets Brace for Impact

Written on December 6, 2024 at 7:13 am, by

Tuesday, 10 December 2024, 05:30 – RBA Interest Rate Decision (Dec) In November 2024, the Reserve Bank of Australia (RBA) decided to keep the cash rate at 4.35%. The bank’s reasoning was that while inflation had significantly decreased from its 2022 peak, it was still above the target range. Headline inflation dropped to 2.8% inContinue Reading

Can Position Trading be a Long-Term Investment Strategy?

Written on December 6, 2024 at 6:49 am, by

Position trading is a popular investment strategy that allows traders to take advantage of long-term market trends. By holding positions for extended periods, position traders aim to capitalize on significant price movements and maximize their investment returns. Unlike short-term trading or day trading, which focus on quick profits from short-lived price fluctuations, position trading emphasizesContinue Reading

Server Upgrade Notice

Written on December 6, 2024 at 2:20 am, by

Dear Valued Client, PU Prime will be upgrading its MT4/MT5 servers starting from 7 December 2024 00:00 hrs. (GMT+2) until 7 December 2024 03:00 hrs. (GMT+2). Access to MT4/MT5 accountswill still be available dduring the server upgrading period. However. all orders of the affected products would not be executed during the server upgrading period. PleaseContinue Reading

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