Tag Archives: FED
Focus on USDJPY today – 27th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for June 27, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on BTCUSD today – 19th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for June 19, 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Mixed Signals from Retail Sales and Manufacturing, Markets React Positively
In May 2024, US retail sales experienced a slight uptick of 0.1% month-over-month, coming from a revised 0.2% decline in April, and fell short of the anticipated 0.2% growth. Such movement signals a dip in consumer sentiment. Conversely, manufacturing output saw significant growth, rising 0.9% in the same month and outperforming the expected 0.3% increase. […]
Tech Rally Propels S&P 500 and Nasdaq to New Peaks Despite Fed’s Rate Pause
In June 2024, for the seventh consecutive meeting, the Federal Reserve decided to maintain the federal funds target range at 5.25%-5.50%, aligning with predictions. The Fed’s policymakers anticipate that until there is greater confidence in inflation sustainably approaching 2%, a reduction in rates will not be deemed appropriate. The current dot plot indicates that policymakers […]
Focus on BTCUSD today – 12th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for June 12, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on XAUUSD today – 15th May 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 15th May 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Supply Chain Inflation Stagnates, Fed Chair Powell Rules Out Rate Hikes
The US Producer Price Index witnessed a 0.5% month-over-month increase in April 2024, representing a significant change from the 0.1% decrease observed in March, revised down from earlier reports. The April uptick surpassed the anticipated 0.3% rise. Service prices saw their biggest jump since July, climbing 0.6% after a revised 0.1% decrease the previous month. […]
Focus on USDX today – 3rd May 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for 3rd May 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Fed Maintains Interest Rates as Inflation Ticks Up
The Federal Reserve maintained the target range for the federal funds rate at 5.25%-5.50% during its May meeting for the sixth consecutive time. The decision was driven by ongoing inflationary pressures and a tight labor market, indicating a lack of progress in bringing inflation back down to the 2% target this year. However, Chair Powell […]
Fed Signals Inflation Remains Stubborn, Delaying Rate Cut as Treasury Yields Climb
Latest inflation figures suggest the central bank might need additional time before feeling comfortable with reducing interest rates, as mentioned by Fed Chair Powell during a panel discussion at the Wilson Center in Washington, accompanied by Bank of Canada Governor Macklem. “Recent figures have certainly not increased our confidence, instead indicating a longer than expected […]
