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Tag Archives: PCE

U.S. Core PCE Dips, Rate Cuts Imminent

U.S. Core PCE Prices Dip: Implications for Rate Cuts In December 2023, the core PCE prices in the United States, which do not take into account food and energy, saw an increase of 0.2% compared to the previous month, marching in step with projected market predictions. This was a small uptick from November’s increase of […]

US Core Inflation Eases, High Hopes Federal Reserve Pivot

Moderating Core Inflation in November Bolsters Expectations of a Dovish Shift by the Federal Reserve  In November 2023, the United States experienced an unexpected twist in the Personal Consumption Expenditure Price Index (PCE), showing a 0.1% month-over-month decline. This downturn, contrary to anticipated stability, marked the first decrease in PCE prices since February 2022. The […]

Focus on GBP/USD Today – 1st December 2023

Comprehensive GBP/USD Analysis for December 1, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 1st December 2023.  GBP/USD Key Takeaways GBP/USD Technical Analysis  GBP/USD Daily Chart Insights GBP/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion  For personalized guidance tailored to your specific financial situation, please […]