Monthly Archives: July 2024
Dollar strengthens on Powell’s caution; Kiwi weakens post-dovish central bank
Written on July 10, 2024 at 6:56 am, by anakin
Key points: Dollar firms on Powell’s caution See: Dollar index trading at 104.768 as seen on the VT Markets app. Powell highlighted a cooling job market, indicating that the Fed faces “two-sided risks” and cannot focus solely on inflation. This statement underpinned the dollar’s rebound, with the dollar index (DXY), which measures the U.S. currencyContinue Reading
New Products Launch – July 10,2024
Written on July 10, 2024 at 2:14 am, by anakin
Dear Client, To provide you with more diverse trading options, VT Markets will launch a new product on 15th July 2024. The above data is for reference only, please refer to the MT4 and MT5 platforms for the updated data. Friendly reminders: 1. Please refer to the MT4 and MT5 platforms for the specific swapContinue Reading
Modification on Leverage for All Shares – July 9,2024
Written on July 9, 2024 at 8:54 am, by anakin
Dear Client, To provide a favorable trading environment to our clients, VT Markets will modify the trading setting of all share CFDs on July 15, 2024: 1. All US Shares products leverage will be adjusted to 20:1. 2. MT5 All Shares products: New positions opened within 30 minutes before market closing and after market openingContinue Reading
Dividend Adjustment Notice – July 9,2024
Written on July 9, 2024 at 7:15 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 moreContinue Reading
Wheat and soybean prices stabilise with improved crop conditions
Written on July 9, 2024 at 6:15 am, by anakin
Wheat and soybean prices steadied after sharp declines as better-than-expected crop conditions are reported. Read more for the forecast and trading opportunities.
Rupee will rely on Powell’s testimony to end deadlock
Written on July 9, 2024 at 4:59 am, by anakin
Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell’s testimony before Congress. The rupee’s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. OpeningContinue Reading
Gold edges higher as focus turns to Fed Powell’s testimony
Written on July 9, 2024 at 3:07 am, by anakin
Gold prices experienced a slight uptick on Tuesday, reflecting cautious optimism among investors as they await critical economic updates. Spot gold rose by 0.2%, reaching $2,364.03 per ounce.
US dollar declines as job growth slows
Written on July 9, 2024 at 2:45 am, by anakin
The US dollar weakens in the face of softer job growth and expectations of potential rate cuts. Upcoming testimony by Jerome Powell may provide deeper insights.
Share Split Notification (AVGO) – July 8,2024
Written on July 8, 2024 at 8:27 am, by anakin
Dear Client, Shares product AVGO is about to conduct a share split after the market closes on July 12, 2024. Starting from the market opening on July 15, 2024, AVGO expects to provide investor trading in divided contracts. After the share split, please be aware of the following: 1. The trading volume of AVGO openContinue Reading
Dividend Adjustment Notice – July 8,2024
Written on July 8, 2024 at 7:54 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 moreContinue Reading
