About: carl

CAD Bounced, But Appreciation Capped  The Canadian dollar has strengthened to 1.37 per USD, bouncing back strongly from the one-year low of 1.39 reached on November 1st. This recovery was strengthened by a general retreat in the DXY index, as weak economic data from the US reinforced the Federal Reserve’s indications that they may hold […]

The Impact of BOE and FED Decisions on the British Pound and Economy The British pound has seen a remarkable resurgence in recent times, climbing above the $1.23 mark against the US dollar. This is the highest level for the pound since mid-October 2022. The rise can be attributed to key decisions and outlooks from […]

Comprehensive Brent Oil for November 3, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Brent Oil (UKOUSD) for 3rd November 2023. Key Takeaways  Brent Oil Technical Analysis  Brent Oil Daily Chart Insights Brent Oil 1-Hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

The Bright Outlook for US Stocks: A Market Analysis In November 2023, the US stock market witnessed a significant upswing, reinforcing expectations of an end to the era of rate hikes. The Dow Jones index soared by more than 560 points on November 2nd, marking its most remarkable daily gain since June. Simultaneously, the S&P […]

The Impact of FED’s Decision and ISM Manufacturing PMI in November 2023 In November 2023, the Federal Reserve (FED) once again held its rates unchanged, marking the second consecutive time for such a decision. Investors and financial experts alike anticipated and conjectured about this FED move. In addition, the Manufacturing Purchasing Managers Index (PMI) for […]