Understanding Canada’s Inflation Control and the BOC’s Monetary Policy Within the intricate realm of economics, grasping the nuances of inflation control stands as a paramount endeavor. This article embarks on an exploration of Canada’s adept strategies for effectively managing inflation, while shedding light on the rationale behind the Bank of Canada’s (BOC) choice to uphold […]

Comprehensive EUR/USD for October 26, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EUR/USD for 26th October 2023.  Key Takeaways  EUR/USD Technical Analysis  EUR/USD Daily Chart Insights EUR/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Better-than-expected Manufacturing PMI Recorded for Germany In October 2023, Germany’s manufacturing sector delivered a surprising uptick in performance, marked by the HCOB Flash Germany Manufacturing PMI reaching a 5-month high of 40.7. This exceeded both expectations and the previous month’s record of 39.6, suggesting a promising turn of events in the German industrial landscape. While […]

Comprehensive USD/CAD for October 25, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 25th October 2023.  Key Takeaways  USD/CAD Technical Analysis  USD/CAD Daily Chart Insights USD/CAD 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Reviving Australian Manufacturing: A Roadmap for Success In recent times, Australia’s manufacturing sector has faced a challenging landscape. The Manufacturing PMI hit its lowest level in six months, declining to 48 in October 2023 from 48.7 in the previous month. This marks the eighth consecutive monthly decline in business conditions, a cause for concern. Understanding […]

Comprehensive GBP/USD for October 24, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 20th October 2023.  Key Takeaways  GBP/USD Technical Analysis  GBP/USD Daily Chart Insights GBP/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator  Conclusion 

Geopolitical Turmoil Fuels Oil Price Surge Amidst the volatile landscape of the global oil market, October 2023 stands out as a month of upheaval and uncertainty, with crude oil prices surging to a noteworthy $90 per barrel. This escalation can be attributed to escalating geopolitical tensions, notably the intensifying conflicts between Israel and Gaza, which […]

Comprehensive GBP/USD for October 20, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 20th October 2023.  Key Takeaways  GBP/USD Technical Analysis  GBP/USD Daily Chart Insights GBP/USD 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Australia Unemployment Rate Hit New Lows in the last three months As of September, the nation boasts a strikingly low unemployment rate of 3.6%, surpassing market expectations and marking a significant improvement from August’s 3.7% figure. The ripple effect of this achievement is evident as 19.8 thousand people found employment, reducing the total number of […]

Comprehensive NZD/USD Analysis for October 19, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZD/USD for 19th October 2023.  Key Takeaways  NZD/USD Technical Analysis  NZD/USD Weekly Chart Insights NZD/USD 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator  Conclusion