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Yen Shows Short-Term Appreciation Potential

Fundamental Analysis USDJPY Key Takeaways 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, Source: Ultima Markets APP) Conclusion To navigate the complex world of trading successfully, it’s imperative to stay […]
Written on December 31, 2024 at 3:02 pm
Categories: Analysis, Market Outlook (New), Technical analysis
Tags: Bank of Japan, Federal Reserve, monetary policy, USD, USD/JPY
U.S. Home Sales Rise, Boosting Dollar

Housing Inventory Gains Drive Market Shift On Monday, measures of US pending home sales according to signed contracts increased by 2.2% in November standing at 79.0. This was the highest level of US pending home sales since February 2023 and it is better than the recorded 77.3 for the month of October. Sales of contracts […]
Written on December 31, 2024 at 2:50 pm
Categories: Market News (New), Market Outlook (New), News
Tags: Home Sales, Mortgage, NAR, Treasury Yield, USD
Yen Rises on BOJ Rate Hike Hints

Yen Climbs Amid BOJ Rate Speculation The Japanese currency climbed out of a five-month low against the American dollar during the Bank of Japan’s report on December’s policy minutes released in the market. The report pointed out raising confidence among certain policymakers about raising interest rates, and at the same time, the central bank also […]
Written on December 30, 2024 at 5:23 pm
Categories: Market News (New), Market Outlook (New), News
Copper Price Rebound is Limited

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for DEC 27, 2024. Fundamental Analysis COPPER Key Takeaways Technical Analysis COPPER Daily Chart Insights (COPPER Daily Price Chart, Source: Ultima Markets MT4) COPPER 1-hour Chart Analysis (COPPER H1 Price Chart, Source: Ultima Markets MT4) COPPER Pivot Indicator (COPPER M30 Price […]
Written on December 27, 2024 at 2:50 pm
Categories: Analysis, Market Outlook (New), Technical analysis
Tags: Copper, Federal Reserve, monetary policy, supply and demand, US dollar
Tokyo Inflation Boosts BOJ Rate Hike Expectations

Tokyo Core Inflation Rises, Factory Output Falls In December, core inflation in Japan’s capital city rose, while inflation in services remained stable, according to data released on Friday, keeping market speculation alive that an interest rate hike could occur soon. However, factory production dropped in November for the first time in three months, signalling that […]
Written on December 27, 2024 at 1:58 pm
Categories: Market News (New), Market Outlook (New), News
Tags: BOJ, Factory Output, Inflation, Rate Hike, Tokyo
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