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 […]

In April 2024, the Judo Bank Australia Composite Output Index dropped marginally to 53 from 53.3 the previous month, as per the final figures. Despite a slight deceleration, the private sector in Australia continued to expand robustly. The increase in business activities was mainly confined to the services industry while manufacturing production kept falling. This […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 2nd MAY 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 […]

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 […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 30th April 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 […]

The euro strengthened above $1.07 as investors awaited the overall Eurozone inflation figures for Tuesday. These figures could provide further clues about the European Central Bank’s policy direction. In Germany, the largest European economy, the national consumer price index (CPI) remained unchanged at 2.2% in April, slightly below the forecast of 2.3%. However, the EU-harmonized […]

On Friday, the Nikkei 225 Index rose by 0.84%, ending the day at 37,943.50, and the broader Topix Index went up by 0.86%, finishing at 2,686.45. The surge made up for most of the previous session’s downturn, following the Bank of Japan’s expected decision to keep interest rates unchanged. Additionally, the Bank removed the previous […]

Ultima Markets, one of the fastest-growing online trading brokers, is proud to announce its partnership with Willis Towers Watson (WTW) to enhance its client’s financial security. The partnership will provide comprehensive insurance coverage to all clients with claims up to US$1,000,000 per account. The partnership underscores Ultima Market’s commitment to providing exceptional service to its […]

The US economy expanded at an annualized rate of 1.6% in Q1 2024, the slowest growth since the contractions in the first half of 2022. The reading was lower than the previous quarter’s 3.4% growth and below the forecasted 2.5%. Consumer spending growth decreased to 2.5% from 3.3%, mainly due to a 0.4% fall in […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 26th April 2024.  Key Takeaways  Technical Analysis  Weekly 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 […]