Monthly Archives: June 2024

Dividend Adjustment Notice – June 11,2024

Written on June 11, 2024 at 7:07 am, by

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 moreContinue Reading

Indonesian Rupiah hits 4-year low; Other Asian forex dip before key data

Written on June 10, 2024 at 9:39 am, by

Key points: The Indonesian Rupiah marked a new four-year low on Monday, declining as much as 0.6% to 16,293.00 against the U.S. dollar, reflecting broader weaknesses among emerging Asian currencies. This downturn follows robust U.S. job data and precedes several upcoming central bank policy meetings. Picture: Indonesian Rupiah trading at 16,300 as seen on theContinue Reading

Euro hits one-month low following Macron’s snap French election call

Written on June 10, 2024 at 8:40 am, by

Key points: The Euro experienced a decline, reaching a one-month low, as French President Emmanuel Macron announced a snap legislative election, stirring political uncertainties. Concurrently, the dollar gained strength, buoyed by an unexpectedly strong U.S. jobs report last Friday, which tempered expectations for imminent rate cuts. Picture: The downside prevails for EUR/USD pairs. Download theContinue Reading

Dividend Adjustment Notice – June 10,2024

Written on June 10, 2024 at 8:00 am, by

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 moreContinue Reading

Oil prices dip due to uncertainty on OPEC+ cuts and strengthening of USD 

Written on June 10, 2024 at 3:49 am, by

Key points:  Oil prices nudged lower for the second consecutive session on Monday, pressured by a stronger dollar as expectations for US interest rate cuts were delayed following robust nonfarm payrolls data released on Friday. Brent crude oil futures (Symbol: UKOUSD) slipped to $79.58 a barrel, while US WTI crude oil futures (Symbol: USOUSD) fell 4Continue Reading

Strong nonfarm payrolls report throws rate cut timeline of the Federal Reserve into question 

Written on June 10, 2024 at 3:36 am, by

Key points:  The Federal Reserve’s rate cut timeline has been thrown back into uncertainty after the latest US nonfarm payrolls report significantly exceeded expectations. Analysts had predicted 180,000 to 185,000 new jobs for May, but the actual figure came in at a robust 272,000, far surpassing 175,000 in April. This unexpected strength in job gainsContinue Reading

Week ahead: FOMC maintains rates despite inflation easing

Written on June 10, 2024 at 3:25 am, by

The Federal Open Market Committee (FOMC) chose to maintain the federal funds rate at its meeting on May 1, marking the sixth consecutive meeting without a change. This decision was influenced by earlier inflation data and robust job growth, which have so far prevented any policy easing. In recent months, the economic landscape has shownContinue Reading

Rankia Webinar

Written on June 7, 2024 at 10:10 am, by

Join us for an informative webinar on Thursday, 13 June, 8pm (GMT -6)! Our experienced representative, Julio Cesar Vásquez Pimentel, will explore the latest trends and strategies in “Building a Diversified Portfolio in Forex”, offering valuable insights to help you navigate the financial markets. This is a unique chance to enhance your trading knowledge, askContinue Reading

Notification of VT APP Upgrade – June 7,2024

Written on June 7, 2024 at 9:38 am, by

Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be VT APP maintenance this weekend. Maintenance Hours: 8th of June 2024 (Saturday) 00:00 – 02:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. During maintenance hours, VT APP will notContinue Reading

Dividend Adjustment Notice – June 7,2024

Written on June 7, 2024 at 8:29 am, by

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 moreContinue Reading

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