Category Archives: Market Outlook (New)
Understanding the Recent Surge in GBP Value
Written on November 6, 2023 at 11:14 am, by carl
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 […]
Focus on Brent Oil Today – 3rd November 2023
Written on November 3, 2023 at 1:33 pm, by carl
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
US Stock Market’s Recent Surge Thanks To Cool Labor Market
Written on November 3, 2023 at 11:22 am, by carl
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 […]
FED’s Latest Move and November 2023’s ISM Manufacturing PMI
Written on November 2, 2023 at 1:44 pm, by carl
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 […]
Focus on USD/CAD Today – 2nd November 2023
Written on November 2, 2023 at 1:36 pm, by carl
Comprehensive USD/CAD for November 2, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 2nd November 2023. Key Takeaways USD/CAD Technical Analysis USD/CAD Daily Chart Insights USD/CAD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
The Surge of Bitcoin: A Phenomenal October Rally
Written on November 1, 2023 at 2:29 pm, by carl
The Bitcoin ETF Hype In October, cryptocurrency prices increased significantly, especially for bitcoin. Bitcoin had its biggest monthly hike since January. Investors were excited about the possibility that bitcoin exchange-traded funds (ETFs) may soon be approved in the United States. ETF offers easy and affordable access for the average investor as compared to investing in […]
Focus on EUR/USD Today – 1st November 2023
Written on November 1, 2023 at 1:50 pm, by carl
Comprehensive EUR/USD for November 1, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EUR/USD for 1st November 2023. Key Takeaways EUR/USD Technical Analysis EUR/USD Daily Chart Insights EUR/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
