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From Ultima Markets

Trusted guidance from our knowledgeable experts. Get the latest market news, analysis, and Ultima Markets updates.

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Focus on EURUSD today – 19th July, 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for July 19, 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 […]

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ECB Holds Rates Steady as Euro Strengthens and Stocks Face Pressure 

The European Central Bank (ECB) maintained its benchmark interest rates in the July meeting, as anticipated. The decision came after last month’s significant rate cut, reflecting policymakers’ uncertainty about the pace of inflation moderation in the Eurozone. Following the announcement, the euro remained steady at nearly $1.093 on Thursday, close to the four-month high reached […]

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Focus on GOLD today – 18th July, 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for July 18, 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 […]

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UK Price Rises Persist, FTSE Fluctuates, Sterling Nears Peak 

The FTSE 100 closed 0.28% higher on Wednesday, driven by gains across multiple sectors. Oil majors, miners, utilities, and defensive stocks such as pharmaceutical companies and tobacco firms all contributed to the index’s positive performance.  Burberry emerged as the standout performer, leading the index with a rise of over 4%. This surge was attributed to […]

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Focus on GBPUSD today – 17th July, 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for July 17, 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 […]

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Dow Jones Hits Record High as US Stocks Rally on Rate Cut Hopes 

Major US stock indices climbed on Tuesday, with the Dow Jones leading gains. The Dow surged 742.76 points (1.85%), marking its second consecutive record close and the strongest performance since June 2023. The S&P 500 rose 0.64%, while the Nasdaq edged up 0.21%. Market sentiment was primarily driven by expectations of Federal Reserve rate cuts. […]

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Focus on USDCAD today – 16th July, 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for July 16, 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 […]

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China’s Growth Slows; Third Plenum Targets Reform and Stimulus 

In Q2 2024, China’s GDP grew by 4.7% year-on-year, falling short of the 5.1% market forecast and decelerating from Q1’s 5.3% growth. This marks the slowest annual increase since Q1 2023, attributed to several factors: a persistent property market downturn, weak domestic demand, declining yuan value, and trade tensions with Western countries.  Despite these challenges, […]

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Trump’s Resurgence Boosts Bitcoin Amid Election Year 

Bitcoin surged above the $60,000 threshold, reaching a nearly two-week high, influenced by several factors including political events and regulatory concerns. A failed assassination attempt on former President Donald Trump increased his odds of retaking the White House in November, according to market predictions. Trump, who has emerged as the pro-crypto candidate leading up to […]

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Focus on USDX today – 12th July 2024

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for July 12 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 […]