Monthly Archives: July 2024
Rupee avoids record low on RBI intervention but expected to weaken
Written on July 24, 2024 at 9:16 am, by anakin
The Indian rupee stayed nearly flat on Wednesday, hovering at 83.69 against the U.S. dollar by 11:00 a.m. IST, barely changed from its previous close at 83.6875. This steadiness came despite the currency nearing a record low of 83.7150 on Tuesday.
VT Markets Launches Olympic-Inspired ‘Be a Trading Athlete’ Competition with USD 14,000 Prize Pool
Written on July 24, 2024 at 8:03 am, by anakin
Sydney, Australia, 24 July 2024 – VT Markets, an award-winning brokerage, announces the launch of its ‘Be a Trading Athlete’ campaign, an online trading competition hosted on the VT Markets App with a USD 14,000 prize pool. The competition runs from 24th July to 12th August 2024 and is open to all global users with a Live Account.Continue Reading
Japan’s Nikkei hits one-month low with mixed US tech earnings and a yen rally
Written on July 24, 2024 at 7:54 am, by anakin
Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.
Dividend Adjustment Notice – July 24,2024
Written on July 24, 2024 at 7:09 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
Euro and the British pound directionless as China rate cuts and US election uncertainty creeps in
Written on July 23, 2024 at 8:54 am, by anakin
Euro and the British pound trades directionless as forex markets react to China’s rate cuts and Biden’s election decision. Read more for market analysis and forecast
Nikkei rebounds as chipmakers and shippers lead rally
Written on July 23, 2024 at 8:48 am, by anakin
Japan’s Nikkei 225 index rebounds from a three-week low, driven by gains in chipmakers and shippers. Explore market implications and short-term trading opportunities.
Rupee edges higher with Asian peers; India awaits budget
Written on July 23, 2024 at 8:37 am, by anakin
The Indian rupee saw a modest rise on Tuesday, trading at 83.6250 against the U.S. dollar as of 09:30 a.m. IST, up slightly from its previous close of 83.6575.
Dividend Adjustment Notice – July 23,2024
Written on July 23, 2024 at 8:35 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
Aussie and kiwi dollars struggle on China rate cuts; dollar drifts
Written on July 23, 2024 at 7:11 am, by anakin
The Australian and New Zealand dollars struggled near multi-week lows on Tuesday following China’s decision to cut several key interest rates. In contrast, the US dollar showed little change as it awaited new economic cues.
US dollar index loses strength as Fed rate-cut expectations grow
Written on July 22, 2024 at 9:46 am, by anakin
The US dollar index (Symbol: USDX) as expectations of an interest rate cut grows stronger as the spotlight shifted to economic data for more clues on the monetary policy path of the Federal Reserve.
