Important Information

This website is managed by Ultima Markets’ international entities, and it’s important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:

  • You will not be guaranteed Negative Balance Protection
  • You will not be protected by FCA’s leverage restrictions
  • You will not have the right to settle disputes via the Financial Ombudsman Service (FOS)
  • You will not be protected by Financial Services Compensation Scheme (FSCS)
  • Any monies deposited will not be afforded the protection required under the FCA Client Assets Sourcebook. The level of protection for your funds will be determined by the regulations of the relevant local regulator.

Note: UK clients are kindly invited to visit https://www.ultima-markets.co.uk/. Ultima Markets UK expects to begin onboarding UK clients in accordance with FCA regulatory requirements in 2026.

If you would like to proceed and visit this website, you acknowledge and confirm the following:

  • 1.The website is owned by Ultima Markets’ international entities and not by Ultima Markets UK Ltd, which is regulated by the FCA.
  • 2.Ultima Markets Limited, or any of the Ultima Markets international entities, are neither based in the UK nor licensed by the FCA.
  • 3.You are accessing the website at your own initiative and have not been solicited by Ultima Markets Limited in any way.
  • 4.Investing through this website does not grant you the protections provided by the FCA.
  • 5.Should you choose to invest through this website or with any of the international Ultima Markets entities, you will be subject to the rules and regulations of the relevant international regulatory authorities, not the FCA.

Ultima Markets wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.

By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Ultima Markets entity.

I confirm my intention to proceed and enter this website Please direct me to the website operated by Ultima Markets , regulated by the FCA in the United Kingdom

Important Notice

Ultima Markets does not have an establishment in Singapore and does not operate from Singapore.

Ultima Markets does not provide products or services to citizens or residents of Singapore, and account applications from Singapore citizens or residents will not be accepted.

If you are a citizen or resident of Singapore, please do not open an account or use Ultima Markets’ products or services.

By selecting “Acknowledge and Continue Browsing”, you confirm that you are accessing this website on your own initiative and that your access is not the result of any direct marketing, targeted advertising, solicitation, or promotional activity by Ultima Markets.

Nothing on this website constitutes an offer, solicitation, or promotion of products or services in any jurisdiction where such activity is prohibited. You are responsible for ensuring that your access to and use of this website complies with applicable local laws and regulations.

Acknowledge and Enter the Website
Roll Arrow

Canadian Dollar Hits 10-Week Low Amid Softer Inflation Data 

On Tuesday, Canada’s annual inflation rate slowed more than the expected of 1.8%, dropping to 1.6% in September from 2.0% in August. This easing in inflation was primarily driven by a significant decline in gasoline prices, which marked the smallest annual increase in consumer prices since February 2021, according to Statistics Canada. USD/CAD is trading near a 10-week low, having fallen 0.15% to close at 1.3775. 

(USDCAD Daily Price Chart, Source: Trading View) 

(USDCAD Daily Price Chart, Source: Trading View) 

Consumer prices in Canada have steadily eased since the beginning of the year, reaching the midpoint of the Bank of Canada’s 1%-3% target range last month as high interest rates dampened consumer demand and business investments. As a result, the latest inflation data has prompted markets to increase bets on a 50-basis-point rate cut next week. 

In fact, the Bank of Canada has already cut its policy rate by 25 basis points at each of its last three policy-setting meetings. Last month, Governor Tiff Macklem warned that inflation could fall below the target range and that economic growth might weaken, fueling hopes for a larger-than-usual 50-basis-point rate cut. Therefore, the Bank of Canada needs to take action to revive the economy and prevent inflation from dropping too far, with a 50-basis-point rate cut possibly being the right remedy. 

(Canada Inflation and Interest Rate, Source: Statistics Canada) 

(Canada Inflation and Interest Rate, Source: Statistics Canada) 

Disclaimer   

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided. 

Share Now

  • Article Details
  • Article Details
  • Article Details

Thank you for visiting the Ultima Markets website. Please note that this website is intended for individuals residing in jurisdictions where access is permitted by law. Ultima and its affiliated entities do not operate in your home jurisdiction.

By clicking ‘Acknowledge’, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website based on reverse solicitation principles, in accordance with the applicable laws of your home jurisdiction.