Tag Archives: Euro

On Thursday, Germany’s inflation rate y/y for August decreased to 1.9%, down from 2.3% in July. Similarly, Spain’s inflation rate y/y for August dropped to 2.2% from the previous 2.8%. This led to a decline in the Euro, with EUR/USD closing at 1.0770 after falling 0.38%.  (EUR/USD Daily Price Chart, Source: Trading View)  European Central […]

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 […]

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 […]

The French legislative election results dominated market sentiment on Monday, with no party securing a majority. The left-wing New Popular Front emerged victorious with 182 seats, followed by President Macron’s centrist alliance with 168 seats, and the far-right National Rally party with 143 seats. This outcome has shifted focus to the question of who will […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 16th MAY 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 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 […]

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 […]

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 […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 18th 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 […]

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 […]