Tag Archives: Dollar Index

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for July 12 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 […]

The Personal Consumption Expenditure (PCE) price index in the United States remained unchanged in May 2024 compared to the previous month, marking the smallest change in six months. It follows a 0.3% increase in April and aligns with economists’ forecasts. Breaking down the index, prices for goods decreased by 0.4%, while prices for services saw […]

The U.S. Bureau of Labor Statistics (BLS) disclosed its latest figures on Thursday, revealing the Producer Price Index (PPI) for May. This index, which measures the average change over time in the selling prices received by domestic producers for their output, showed a year-on-year increase of 2.2%. The growth rate is slightly below what financial […]

US dollar fell to two-months low against other major currencies after recent data show signs of gradual economic slowdown. The data spurred expectations that Federal Reserve remains on track to start cutting its interest rates this year, raising the opportunity cost of holding US dollar. According to US Institute for Supply Management (ISM), Manufacturing PMI […]

The US Producer Price Index witnessed a 0.5% month-over-month increase in April 2024, representing a significant change from the 0.1% decrease observed in March, revised down from earlier reports. The April uptick surpassed the anticipated 0.3% rise.  Service prices saw their biggest jump since July, climbing 0.6% after a revised 0.1% decrease the previous month. […]

The US labor market showed signs of cooling in April 2024, with employment growth decelerating and the unemployment rate ticking up. According to the latest data, the US economy added 175,000 jobs in April, falling short of market expectations of a 243,000 increase.   The figure also represents a significant slowdown compared to the upwardly revised […]

In March 2024, retail sales in the United States increased by 0.7% from the previous month. The rise followed a revised increase of 0.9% in February, which was significantly higher than the anticipated 0.3%. Such figures indicate that consumer spending is holding strong.  Among the 13 major categories, sales rose in eight. Notable jumps were […]

The U.S. personal consumption expenditure price index (PCE) increased 0.3% month-over-month in February 2024. The increase was lower than the upwardly revised 0.4% rise in January and lower than the forecasted 0.4%. Prices for services went up 0.3%, while prices for goods rose 0.5%. The annual rate edged up to 2.5%, in line with forecasts, […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for 26th March 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  4-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 […]

In February 2024, the United States observed a month-over-month escalation in the Final Demand Producer Price Index (PPI) by 0.6%, indicating the largest growth since the previous August, exceeding the 0.3% advance anticipated by the market. A significant rise of 1.2% was seen in the prices of goods, driven largely by a boost of 4.4% […]