Category Archives: Market Outlook (New)
Japan Soaring Inflation Sparks Frenzy, What’s Next for BOJ?
Written on November 27, 2023 at 11:36 am, by carl
Unraveling the Dynamics: Bank of Japan’s Response to Accelerating Inflation In November 2023, Japan witnessed an unexpected surge in inflation, sending ripples through its economic landscape. For the first time in four months, the core consumer price index—which does not include the cost of fresh food—rose 2.9% over the prior year. Concurrently, the headline inflation […]
Is The Cryptocurrency Bull Run Finally Coming?
Written on November 27, 2023 at 10:30 am, by carl
Cryptocurrency Bull Run: An In-Depth Analysis Since the well-known cryptocurrency exchange FTX collapsed, the cryptocurrency market has witnessed twists and turns. First of all, after the FTX collapse, the prices of mainstream cryptocurrencies such as Bitcoin and Ethereum have plummeted. But then, good news such as cryptocurrency ETFs and Bitcoin’s upcoming halving reignited the market, […]
Focus on USD/JPY Today – 24th November 2023
Written on November 24, 2023 at 11:53 am, by carl
Comprehensive USD/JPY Analysis for November 24, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/JPY for 24th November 2023. USD/JPY Key Takeaways USD/JPY Technical Analysis USD/JPY Daily Chart Insights USD/JPY 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
US Jobless Claims Plummet, Empowering the Dollar Resilience
Written on November 24, 2023 at 11:28 am, by carl
Key Indicators and Market Impact Jobless Claim Decline in Jobless Claims The United States Department of Labor’s most recent statistics shows a notable decrease in unemployment claims for the week ending November 18. Unemployment claims fell to 209,000, below market forecasts and reversing a three-month high from the week before. Continuing claims, measuring ongoing unemployment, […]
Focus on USD/CAD Today – 23rd November 2023
Written on November 23, 2023 at 1:32 pm, by carl
Comprehensive USD/CAD Analysis for November 23, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 23rd November 2023. USD/CAD Analysis Key Takeaways USD/CAD Technical Analysis USD/CAD Daily Chart Insights USD/CAD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
Surging Inflation Sparks Concerns in South Africa, Reaches Five-Month High
Written on November 23, 2023 at 1:07 pm, by carl
Inflation Rate Peaks in South Africa: A Detailed Exploration In October, South Africa witnessed a significant uptick in its inflation rate, scaling new heights at 5.9%. This surge, nearing the upper limit of the South African Reserve Bank’s targeted range, can be attributed to multiple factors. Notably, elevations in food, transport, healthcare, and expenses related […]
Focus on NZD/USD Today – 22nd November 2023
Written on November 22, 2023 at 1:28 pm, by carl
Comprehensive NZD/USD for November 22, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZD/USD for 22nd November 2023. NZD/USD Key Takeaways NZD/USD Technical Analysis NZD/USD Daily Chart Insights NZD/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
NBH Slash Benchmark Interest Rate Amid Economic Pressures
Written on November 22, 2023 at 1:06 pm, by carl
Hungary’s Recent Benchmark Interest Rate Cut and Economic Dynamics In a decisive move on November 21, the National Bank of Hungary (NBH) implemented a 75 basis points reduction in the benchmark interest rate, bringing it to 11.5%. This strategic decision, made amidst pressure for further rate cuts from the government, reflects the delicate balance between […]
Focus on XAU/USD Today – 21st November 2023
Written on November 21, 2023 at 1:41 pm, by carl
Comprehensive XAU/USD for November 21, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU/USD for 21st November 2023. Key Takeaways XAU/USD Technical Analysis XAU/USD Daily Chart Insights XAU/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
Zoom Soars Above Expectations, Trading Higher in 3Q Triumph
Written on November 21, 2023 at 1:16 pm, by carl
Zoom Video Communications: A Comprehensive Analysis of 3Q Performance and Future Projections Explore Zoom’s impressive third-quarter results, where it surpassed revenue and earnings projections. Zoom’s CEO, Eric S. Yuan, highlights the role of innovative features like the Zoom AI Companion in the company’s growth. Learn about the enterprise segment’s substantial contribution, the outlook for the […]
