RBNZ Continues Easing Path  The Reserve Bank of New Zealand cut interest rates for the third time in four months on Wednesday, to 4.25%, and indicated further substantial easing, including a likely half-percentage-point cut in February, as inflation moderated toward the bank’s target. In response to the decision, the New Zealand dollar and short-term interest […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for NOV 27, 2024.  Keywords: WTI crude oil, OPEC, Federal Reserve, oil price, technical analysis, Israel, war  WTIOIL Key Takeaways  WTIOIL Technical Analysis  WTI OIL Daily Chart Insights  (USDOIL Daily Price Chart, Source: Ultima Markets MT4)  WTI OIL 1-hour Chart […]

Bitcoin Option Expiry on December 27 May Trigger Significant Movement  On Tuesday, Nick Forster, the founder of Derive—a decentralized on-chain options protocol with a total trading volume of $7.1 billion—shared insights in emailed comments. He highlighted the so-called call-put skew index related to Bitcoin’s upcoming option expiry on December 27. Following these developments, Bitcoin fell […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for NOV 26, 2024.  USDJPY Key Takeaways  USDJPY Technical Analysis  USDJPY Daily Chart Insights  (USDJPY Daily Price Chart, Source: Ultima Markets MT4)  USDJPY 1-hour Chart Analysis  (USDJPY H1 Price Chart, Source: Ultima Markest MT4)  USDJPY Pivot Indicator  (USDJPY M30 Price Chart, […]

U.S. Dollar Retreats After Three-Day Winning Streak  The U.S. dollar retreated from two-year highs on Monday, ending its three-day rise. U.S. Treasuries rose after the news of Donald Trump naming hedge fund manager Scott Bessent as the next head of the U.S. Treasury, on expectations that the candidate would be more fiscally disciplined than had […]

Swiss Franc Remains as Safe-Haven Currency  On Friday, Swiss National Bank (SNB) Chairman Martin Schlegel hinted at the possibility of reintroducing negative interest rates if necessary. While the central bank is not in favour of negative rates, it may resort to them to curb investor demand for the safe-haven franc. Following the remarks, the Swiss […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for NOV 22, 2024.  Key Takeaways  WTI OIL Technical Analysis  WTI OIL Daily Chart Insights  (USOIL Daily Price Chart, Source: Ultima Markets MT4)  WTI OIL 1-hour Chart Analysis  (USOIL H1 Price Chart, Source: Ultima Markets MT4)  WTI OIL Pivot Indicator  […]

Investors Continue to Show Confidence in the Crypto Market, Particularly Bitcoin  On Thursday, Bitcoin reached an all-time high of $99,120, before pulling back slightly to close at $98,450, reflecting a daily increase of 4.32%. This year, Bitcoin has more than doubled in value, and in the two weeks following Donald Trump’s election as the U.S. […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for NOV 21, 2024.  BTCUSD Technical Key Takeaways  BTCUSD Technical Analysis  BTCUSD Daily Chart Insights  (BTCUSD Daily Price Chart, Source: Ultima Markets MT4)  BTCUSD 1-hour Chart Analysis  (BTCUSD H1 Price Chart, Source: Ultima Markets MT4)  BTCUSD Pivot Indicator  (BTCUSD H1 Price […]

UK’s Annual Inflation Rises to 2.3%  On Tuesday, UK consumer prices increased by an annualized 2.3% in October, driven almost entirely by higher regulated domestic energy tariffs. This followed a 1.7% rise in September, marking the first time since 2021 that inflation dipped below the Bank of England’s (BoE) 2% target.  (UK CPI y/y, Core […]