Tag Archives: NFP

The dollar strengthened last Friday after a U.S. jobs report revealed the largest increase in employment in six months for September, accompanied by a decline in the unemployment rate and notable wage growth. These signs of a resilient economy led markets to dial back expectations for Federal Reserve rate cuts. The U.S. dollar index climbed […]

On Wednesday, the U.S. dollar surged after the ADP National Employment Report revealed that U.S. private payrolls increased more than expected in September, ahead of Friday’s highly anticipated jobs data. Private payrolls rose by 143,000 last month, following an upwardly revised increase of 103,000 in August, surpassing the forecasted 120,000 additions. As a result, the […]

The Dollar Index, which tracks the U.S. currency’s performance against six major counterparts, rose 0.2% to 101.21. It climbed amid volatile trading on Friday after data revealed U.S. employment grew less than anticipated in August, pointing to a gradual slowdown in the labour market. Non-farm payrolls increased by 142,000 last month, following a downwardly revised […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for SEP 6, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (Crude Oil Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (Crude Oil H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (Crude Oil M30 Price Chart, Source: […]

The pound remained steady on Thursday, poised for a modest weekly gain against the dollar ahead of U.S. employment data, which could shape the currency markets in the coming weeks and months. GBP/USD rose 0.25%, closing at 1.3177, edging back towards its last week’s two-year high of $1.3269.  (GBP/USD Daily Price Chart, Source: Trading View)  […]

On Monday, gold prices slipped by 0.16%, closing at $2,499 per ounce. This followed a 0.7% decline last Friday after U.S. inflation data indicated that the Federal Reserve might opt for a smaller-than-expected interest rate cut this month.  (Gold Daily Price Chart, Source: Trading View)  Friday’s data revealed that U.S. consumer spending saw a solid […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for July 31 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 […]

On Friday, the S&P 500 and the Nasdaq hit record highs, climbing by 0.54% and 0.9%, respectively, and the Dow Jones added 67.87 points (0.17%). The session was influenced by data indicating a decrease in US hiring for June and a rise in the unemployment rate to the highest since the end of 2021, which […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for July 5, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights 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 US labor market showed signs of cooling in April 2024, with employment growth decelerating and the unemployment rate ticking up. According to the latest data, the US economy added 175,000 jobs in April, falling short of market expectations of a 243,000 increase.   The figure also represents a significant slowdown compared to the upwardly revised […]