Tag Archives: FED

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for Aug 28, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (XAUUSD Daily Price Chart, Sources from Ultima Markets MT4)  1-hour Chart Analysis  (XAUUSD H1 Price Chart, Sources from Ultima Markets MT4)  Pivot Indicator  (XAUUSD 30 Minutes Price chart, Sources from […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for AUG 27 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  （AUD/USD Daily Price Chart, Sources from Ultima Markets MT4) H1 Chart Insights  (AUD/USD H1 Price Chart, Sources from Ultima Markets MT4) Pivot Indicator  (AUD/USD 30Minutes Price Chart, Sources from Ultima […]

U.S stocks surged following Powell’s remarks, with the S&P 500 index climbing nearly 1% and closing at 5634. In his anticipated speech at the Kansas City Fed’s annual conference in Jackson Hole, Powell stated that “the time has come for policy to adjust.”   (S&P 500 Index Daily Price Chart)  He indicated readiness to lower interest […]

On Wednesday, the US dollar index declined by 0.24%, closing at 101.14, marking its lowest level this year. This drop was largely attributed to revised data revealing that employers added 818,000 fewer jobs in the year through March than previously estimated.  (2024 Preliminary Benchmark Payroll Revision)  The Fed now faces fewer obstacles to cutting rates […]

Unemployment claims fell to a one-month low, signalling a gradual and orderly slowdown in the labour market. Companies are scaling back hiring, struggling to keep up with the influx of labour driven by increased immigration.  Conversely, retail sales surged by 1.0% last month, marking the largest gain since January 2023, following a downwardly revised 0.2% […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for AUG 9 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for AUG 6 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for AUG 2 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 […]

In July 2024, the Federal Reserve kept the federal funds rate at 5.25%-5.50% for the eighth consecutive meeting. The decision aligned with market expectations. The central bank noted progress towards its 2% inflation target, though inflation remains somewhat elevated. Economic indicators suggest continued solid expansion, with job gains moderating and unemployment rising slightly but still […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for AUG 1 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 […]