Tag Archives: ECB
Focus on EURUSD today – 19th July, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for July 19, 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 […]
ECB Holds Rates Steady as Euro Strengthens and Stocks Face Pressure
The European Central Bank (ECB) maintained its benchmark interest rates in the July meeting, as anticipated. The decision came after last month’s significant rate cut, reflecting policymakers’ uncertainty about the pace of inflation moderation in the Eurozone. Following the announcement, the euro remained steady at nearly $1.093 on Thursday, close to the four-month high reached […]
Focus on EURUSD today – 30th April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 30th April 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 […]
Markets Eye Eurozone Inflation Data, Anticipate ECB Rate Cut in Summer
The euro strengthened above $1.07 as investors awaited the overall Eurozone inflation figures for Tuesday. These figures could provide further clues about the European Central Bank’s policy direction. In Germany, the largest European economy, the national consumer price index (CPI) remained unchanged at 2.2% in April, slightly below the forecast of 2.3%. However, the EU-harmonized […]
Focus on EURUSD today – 25th April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 25th April 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 […]
ECB Keeps Rates Steady, Bank Shares Lead Selling Pressures
The European Central Bank (ECB) remained resolute in its battle against inflation, maintaining interest rates at elevated levels during the April meeting. The main refinancing operations rate stood firm at 4.5%, a 22-year high, while the deposit facility rate held steady at an unprecedented 4%. Although acknowledging the continued decline in inflation, with underlying measures […]
Markets in Europe Rally After U.S. Upswing and ECB Move
The DAX 40 in Frankfurt overturned initial downtrends, escalating by 0.14% to hit a record peak of 17,868 points. The European Central Bank’s choice to keep interest rates at unprecedented highs and significant decline in impending inflation predictions stimulated possibilities of a near-term rate reduction, potentially by June. On the flip side, Hugo Boss individual […]
ECB Rate Cut Prospects Intensify as Economic Clouds Gather
The independent European Central Bank (ECB), an integral part of the Eurosystem, is responsible for managing the monetary policy of the euro area that comprises twenty nations. It is based in Frankfurt, Germany, and works in conjunction with the national central banks of the euro area member states. The ECB’s primary goal, through its governing […]
Focus on EURUSD today – 7th March 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 7th March 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 […]
Euro Surges on Weakening Dollar and ECB Meeting Anticipation
The euro has ascended towards $1.09, marking its peak since January 24th, spurred on by a declining dollar due to less-than-anticipated employment growth in US’s private sector and the Federal Reserve Chair Jerome Powell’s mild hawkish tone regarding reductions in interest rates. Investors have additionally shifted their attention toward Thursday’s monetary policy meeting of the […]
