Tag Archives: CPI
Inflation Edges Higher in February, Fueling Fed’s Caution
In February 2024, the Consumer Price Index in the United States went up by 0.4% on a month-to-month basis, forming a five-month peak. A raise showcased a subtle acceleration from January’s 0.3% and matched initial predictions. Over 60% of the increase was laid at the door of shelter costs that rose by 0.4% and gasoline […]
Timing the Federal Reserve’s Next Interest Rate Cut in 2024
The Federal Reserve, being a central bank with a dual mandate, is significantly tasked with ensuring equilibrium between inflation and employment market scenarios. Each consumer gets impacted by price fluctuations of goods and services, whether they are buying everyday commodities like milk and eggs or renting houses that are elastic to interest rates. In the […]
Rate cut jeopardized as US inflation remains high
Equities declined across the board as US dollar hit three-month high following the release of US inflation data. According to Labour Department’s Bureau of Statistics, US Consumer Price Index (CPI) rose 0.3% last month, slightly higher than forecast of 0.2%. Looking at yearly comparison, US CPI currently stands at 3.1%, well above Federal Reserve’s target […]
Focus on EURUSD today – 14th FEB 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 14th February 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on USDX Today – 12th January 2024
Comprehensive USDX Analysis for January 12, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for 12th January 2024. USDX Key Takeaways USDX Technical Analysis USDX Daily Chart Insights USDX 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion
CPI Data Crushes Interest Rate Cuts hope, US Dollar Surges
The Impact of CPI Data on Interest Rate Expectations and Dollar Trading The latest CPI data for the US has sent ripples through financial markets, particularly affecting expectations around interest rate cuts and the performance of the dollar. Let’s delve into the details and explore the key factors shaping these dynamics. Rising Inflation Rates Defy […]
Focus on GBP/USD Today – 11th January 2024
Comprehensive GBP/USD Analysis for January 11, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 11th January 2024. GBP/USD Key Takeaways GBP/USD Technical Analysis GBP/USD Daily Chart Insights GBP/USD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion
Focus on AUD/USD Today – 15th November 2023
Comprehensive AUD/USD for November 15, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUD/USD for 15th November 2023. AUD/USD Key Takeaways AUD/USD Technical Analysis AUD/USD Daily Chart Insights AUD/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
