Tag Archives: Euro
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 […]
French Election Results Shift; Markets Await Political Developments
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 […]
Focus on EURUSD today – 16th May 2024
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 […]
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 […]
Focus on EURUSD today – 18th April 2024
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 […]
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 […]
Focus on EURUSD today – 29th March 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 29th 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 […]
