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Yen Surges on BOJ Rate Hike Expectations
BOJ Poised for Rate Hike Amid Wage Growth Optimism The yen is set for its strongest weekly performance in over a month, driven by growing expectations that the Bank of Japan (BOJ) will raise interest rates next week, pressuring the dollar ahead of Donald Trump’s potential return to the White House. The USD has dropped […]
Written on January 18, 2025 at 10:39 am
Categories: Market News (New), Market Outlook (New), News
BTCUSD Analysis: USDX is weak, and Bitcoin is set to rebound to the 100,000
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for JAN 16, 2025. Fundamental Analysis of BTCUSD BTCUSD Key Takeaways Technical Analysis of BTCUSD Daily and Hourly Charts BTCUSD Daily Chart Insights (BTCUSD Daily Price Chart, Source: Ultima Markets MT4) BTCUSD 1-hour Chart Analysis (BTCUSD H1 Price Chart, Source: Ultima […]
Written on January 16, 2025 at 2:58 pm
Categories: Analysis, Market Outlook (New), Technical analysis
Tags: Bitcoin, CPI, Inflation, retail sales data, US Dollar Index
CPI Rises, Inflation Concerns Grow
Markets Bet on June Rate Cut The consumer price index (CPI) climbed 0.4% last month, marking the largest increase since March, following a 0.3% rise in November, as reported by the Bureau of Labor Statistics. Annually, CPI rose 2.9% through December, the highest since July, up from November’s 2.7%. Part of the annual CPI rise […]
Written on January 16, 2025 at 2:44 pm
Categories: Market News (New), Market Outlook (New), News
EURUSD Analysis: Euro rebounded strongly, but the reversal trend still depends on US inflation
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for JAN 15, 2025. Fundamental Analysis of EURUSD EURUSD Key Takeaways Technical Analysis of EURUSD Daily and Hourly Charts EURUSD Daily Chart Insights (EURUSD Daily Price Chart, Source: Ultima Markets MT4) EURUSD 1-hour Chart Analysis (EURUSD H1 Price Chart, Source: Ultima […]
Written on January 15, 2025 at 2:48 pm
Categories: Market News (New), Market Outlook (New), News
Tags: CPI, EURUSD, Federal Reserve, Inflation, PPI
U.S Producer Prices Increase Less Than Expected
Fed Holds Firm Amid Slower Producer Price Growth US producer prices saw a less than an expected increase in December, this increase was aided by the stable service prices that offset the rise in the goods costs. This establishes the fact that the inflation is still on a downward trend, even after certain stagnation has […]
Written on January 15, 2025 at 2:30 pm
Categories: Market News (New), Market Outlook (New), News
Tags: FED, Inflation, PPI, Producer Price, Trump
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