Tag Archives: FED
Inflation Fears Ease, Fed Eyes Rate Cut
CPI Data Align with Expectations On Wednesday, the consumer price index rose 0.3% last month, same as the expectation of 0.3%, also marking the largest gain since April. The U.S dollar strengthened after CPI data came in line with forecasts, U.S dollar index rising 0.23% to close at 106.62. (U.S Dollar Index Chart, Source: Trading […]
The Fed’s Last Meeting of the Year: To Pause or Further Ease?
A Balancing Act Between Inflation and Growth The year 2024 has been quite a roller coaster for political and economic events. The final interest rate decision meeting is scheduled for this month by the Federal Reserve. The minutes of the November meeting give insight into their next steps. A key takeaway is that many officials […]
US Dollar Rise on Stronger Nonfarm Payrolls
US Dollar Rise on Stronger Nonfarm Payrolls Last Friday, the increase in the jobless rate showed weakness in household employment data. The smaller and more volatile household survey that determines the unemployment rate showed a decrease of 355,000 jobs. In contrast, nonfarm payrolls increased by 227,000 in November, following an upwardly revised increase of 36,000 […]
Gold Prices Trade in a Narrow Range, Awaiting a Clear Trend
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for DEC 4th, 2024. XAUUSD Key Takeaways XAUUSD Technical Analysis XAUUSD Daily Chart Insights (XAUUSD Daily Price Chart, Source: Ultima Markets MT4) XAUUSD 1-hour Chart Analysis (XAUUSD H1 Price Chart, Source: Ultima Markets MT4) XAUUSD Pivot Indicator (XAUUSD M30 Price Chart, […]
Yen Forms Doji, Signals Potential for Significant Volatility Today
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for DEC 3rd, 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 Markets MT4) USDJPY Pivot Indicator (USDJPY M30 Price Chart, […]