Limassol, Cyprus — 12 September 2024 — Ultima Markets, a leading global forex and CFDs brokerage, is thrilled to announce its double success at the prestigious Global Forex Awards – Retail 2024. The company won two distinguished awards: “Best Affiliates Brokerage – Global” and “Best Fund Safety – Global.” The awards were presented during the […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for SEP 13, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (EUR/USD Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (EUR/USD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (EUR/USD M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

On Thursday, the European Central Bank reduced its rates from 3.75% to 3.50%, citing easing inflation and economic conditions as reasons for slightly easing its policy stance. This marks the second rate cut in three months, signalling a gradual normalization after last year’s aggressive rate hikes in response to the highest inflation levels in decades.  […]

Focus on S&P 500 today – 12th SEP 2024  In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the S&P 500 for SEP 12, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (S&P500 Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (S&P500 H1 Price Chart, Source: Ultima Markets MT4)  Pivot […]

On Wednesday, the data revealed that the U.S. Consumer Price Index (CPI) rose by 0.2% last month, mirroring the increase seen in July. Over the past 12 months ending in August, the CPI grew by 2.5%, marking the slowest annual increase since February 2021 and down from the 2.9% gain in July. However, when excluding […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for SEP 11, 2024.  Key Takeaways  Technical Analysis  Weekly Chart Insights  (BTCUSD Weekly Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (BTC/USD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (BTC/USD M30 Price Chart, Source: Ultima Markets MT4)  Conclusion  […]

On Tuesday, the Organization of the Petroleum Exporting Countries (OPEC) announced in its monthly report that global oil demand is projected to rise by 2.03 million barrels per day (bpd) in 2024, a slight decrease from the previous month’s forecast of 2.11 million bpd. However, until last month, OPEC was still maintaining the same forecast […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for SEP 10, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (GBP/USD Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (GBP/USD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (GBP/USD M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

Consumer prices in China rose in August at the fastest rate in six months, driven by higher food costs stemming from weather disruptions. The consumer price index (CPI) increased by 0.6% year-on-year, compared to 0.5% in July, but fell short of the 0.7% forecast.  (China CPI y/y Chart, Source: Forex Factory)  Meanwhile, the producer price […]

The Dollar Index, which tracks the U.S. currency’s performance against six major counterparts, rose 0.2% to 101.21. It climbed amid volatile trading on Friday after data revealed U.S. employment grew less than anticipated in August, pointing to a gradual slowdown in the labour market. Non-farm payrolls increased by 142,000 last month, following a downwardly revised […]