We would like to inform you of changes to the trading conditions for the following instruments due to the upcoming Memorial Day on 27th May.
Dear Client,
We would like to inform you of changes to the trading conditions for the following instruments due to the upcoming Memorial Day on 27th May.
Please refer to the table below for details:
| Product | Symbol | 27.05.2024 Monday | 28.05.2024 Tuesday |
| Forex | Fx | Normal | Normal |
| Metals | SILVER | Early Close 20:15 | Normal |
| Metals | COPPER | Early Close 21:30 | Normal |
| CFDs | SPX500 | Early Close 20:00 | Normal |
| CFDs | NAS100 | Early Close 20:00 | Normal |
| CFDs | DOW30 | Early Close 20:00 | Normal |
| CFDs | JPN225 | Early Close 20:00 | Normal |
| CFDs | UK100 | Closed | Normal |
| CFDs | DAX40 | Normal | Normal |
| Energy | UKOIL | Early Close 20:15 | Normal |
| Energy | USOIL | Early Close 20:15 | Normal |
| Energy | NATGAS | Early Close 21:30 | Normal |
| CryptoCurrencies | Crypto | Normal | Normal |
| Stocks | EU | Normal | Normal |
| Stocks | UK | Closed | Normal |
| Stocks | US | Closed | Normal |
*Trading hours quoted are GMT+3
**Trading hours may be subject to change.
The euro rebounded to $1.03 against the US dollar, fueled by a weaker dollar following soft inflation and retail sales data, which raised expectations of Federal Reserve rate cuts.
Detail
Dollar Drops on Rate-Cut Hopes; Euro and Metals Rally (20 - 24 Jan)The dollar index dropped 0.8% last week, breaking a six-week winning streak. Despite strong US data, hopes for Fed rate cuts rose due to weaker inflation, PPI, and retail sales. The euro gained as European inflation aligned with forecasts, Germany’s data exceeded expectations, and ECB hawkishness supported the currency.
Detail Fed Rate Cut Hopes Lift Euro, Yen Rally Continues, and Silver Hits $31 (01.17.2024)The euro rebounded to $1.03 on phased tariff news, though ongoing rate cut expectations and inflation risks tied to Trump's policies keep it under pressure.
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