About: linda
Recent Posts by linda
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 […]
Bank of Canada: Accelerating CAD Depreciation?
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for DEC 11, 2024. USDCAD Key Takeaways USDCAD Technical Analysis USDCAD Weekly Chart Insights (USDCAD Daily Price Chart, Source: Ultima Markets MT4) USDCAD 4-hour Chart Analysis (USDCAD H1 Price Chart, Source: Ultima Markets MT4) USDCAD Pivot Indicator (USDCAD M30 Price Chart, […]
Reserve Bank of Australia Leaves Rates Steady at 4.35%
RBA Indicates a Soft Hawkish Stance The RBA, on Tuesday, left the cash rate unchanged at 4.35% during its December policy meeting, reflecting a softer hawkish bias. With Australia’s central bank moving closer to the possibility of joining its global peers in cutting rates, future policy decisions remain data-dependent, meaning the possibility for a shift […]
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 […]
AUD Wavers at Lows: Lowe’s Remarks in Focus
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for DEC 10, 2024. AUDUSD Key Takeaways AUDUSD Technical Analysis AUDUSD Daily Chart Insights (AUDUSD Daily Price Chart, Source: Ultima Markets MT4) AUDUSD 1-hour Chart Analysis (AUDUSD H1 Price Chart, Source: Ultima Markets MT4) AUDUSD Pivot Indicator (AUDUSD M30 Price Chart, […]
