Tag Archives: FED
Focus on S&P 500 today – 12th SEP 2024
Focus on S&P 500 today – 12th SEP 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the S&P 500 for SEP 12, 2024. Key Takeaways Technical Analysis Daily Chart Insights (S&P500 Daily Price Chart, Source: Ultima Markets MT4) H1 Chart Insights (S&P500 H1 Price Chart, Source: Ultima Markets MT4) Pivot […]
U.S. Dollar Rallies as Stronger CPI Data Ignites Market Optimism
On Wednesday, the data revealed that the U.S. Consumer Price Index (CPI) rose by 0.2% last month, mirroring the increase seen in July. Over the past 12 months ending in August, the CPI grew by 2.5%, marking the slowest annual increase since February 2021 and down from the 2.9% gain in July. However, when excluding […]
Focus on BTCUSD today – 11th SEP 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for SEP 11, 2024. Key Takeaways Technical Analysis Weekly Chart Insights (BTCUSD Weekly Price Chart, Source: Ultima Markets MT4) H1 Chart Insights (BTC/USD H1 Price Chart, Source: Ultima Markets MT4) Pivot Indicator (BTC/USD M30 Price Chart, Source: Ultima Markets MT4) Conclusion […]
U.S Dollar Surges on Mixed Employment Data
The Dollar Index, which tracks the U.S. currency’s performance against six major counterparts, rose 0.2% to 101.21. It climbed amid volatile trading on Friday after data revealed U.S. employment grew less than anticipated in August, pointing to a gradual slowdown in the labour market. Non-farm payrolls increased by 142,000 last month, following a downwardly revised […]
Sterling Gains on Softer US Dollar Amid Easing Growth Concerns
The pound remained steady on Thursday, poised for a modest weekly gain against the dollar ahead of U.S. employment data, which could shape the currency markets in the coming weeks and months. GBP/USD rose 0.25%, closing at 1.3177, edging back towards its last week’s two-year high of $1.3269. (GBP/USD Daily Price Chart, Source: Trading View) […]
Focus on XAUUSD today – 5th SEP 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for SEP 5, 2024. Key Takeaways Technical Analysis Daily Chart Insights (Gold Daily Price Chart, Source: Ultima Markets MT4) H1 Chart Insights (Gold H1 Price Chart, Source: Ultima Markets MT4) Pivot Indicator (Gold M30 Price Chart, Source: Ultima Markets APP) Conclusion […]
U.S. Stocks Slump on Data Uncertainty
U.S. stocks declined on Tuesday, as investors awaited data expected to impact the Federal Reserve’s decision on interest rate cuts. The Dow dropped to 40,936.93, while the S&P 500 lost 2.12% to 5,528.93, and the Nasdaq Composite 3.26% to 17,136.30. (NASDAQ Index Daily Price Chart, Source: Trading View) Chip stocks were notably affected, with Nvidia, […]
Focus on EURUSD today – 3rd Sept, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for Sept 3, 2024. Key Takeaways Technical Analysis Daily Chart Insights (EUR/USD Daily Price Chart, Source: Ultima Markets MT4) 1-hour Chart Analysis (EUR/USD H1 Price Chart, Source: Ultima Markets MT4) Pivot Indicator (EUR/USD M30 Price Chart, Source: Ultima Markets APP) Conclusion […]
Gold Prices Remain Uncertain as Investors Await Fed Data
On Monday, gold prices slipped by 0.16%, closing at $2,499 per ounce. This followed a 0.7% decline last Friday after U.S. inflation data indicated that the Federal Reserve might opt for a smaller-than-expected interest rate cut this month. (Gold Daily Price Chart, Source: Trading View) Friday’s data revealed that U.S. consumer spending saw a solid […]
Focus on COPPER today – 30th AUG 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for AUG 30 2024. Key Takeaways Technical Analysis Daily Chart Insights (Copper Daily Price Chart, Source: Ultima Markets MT4) H1 Chart Insights (Copper H1 Price Chart, Source: Ultima Markets MT4) Pivot Indicator (Copper 30 Minutes Price Chart, Source: Ultima Markets APP) […]
