XtremeMarkets

Forex News

Gold Prices Decline Amid Renewed Demand for US Dollar

Gold Prices Decline Amid Renewed Demand for US Dollar

Gold Prices Decline Amid Renewed Demand for US Dollar Gold prices (XAU/USD) lost their upward momentum on Tuesday, falling as renewed demand for the US Dollar (USD) strengthened. This decline was influenced by various factors, including geopolitical tensions and expectations

Read More
Australian Dollar Strengthens on Improved Risk Sentiment

Australian Dollar Strengthens on Improved Risk Sentiment

Australian Dollar Strengthens on Improved Risk Sentiment The Australian Dollar (AUD) continued its upward trend for the fourth consecutive session on Monday, driven by growing optimism surrounding the Reserve Bank of Australia (RBA). This positive sentiment is underpinning the AUD’s

Read More
Treasury Rally Faces $125B Barrier

Treasury Rally Faces $125B Barrier

Treasury Rally Faces $125B Barrier Bond traders welcomed signs of a cooling US labor market, sparking a surge in US Treasuries on Friday. The government report indicating unexpected softness in job and wage gains last month contributed to a late-week

Read More
EUR/USD Nears 1.0750 as Risk Appetite Rebounds

EUR/USD Nears 1.0750 as Risk Appetite Rebounds

EUR/USD Nears 1.0750 as Risk Appetite Rebounds The EUR/USD pair continued its upward momentum, marking a third consecutive day of gains as it hovered around the 1.0730 level during Friday’s Asian session. This surge in the currency pair was fueled

Read More
Japan's FX Intervention Marks ¥160 Threshold

Ex-Official: Japan’s FX Intervention Marks Threshold

Ex-Official: Japan’s FX Intervention Marks ¥160 Threshold Columbia University academic and former finance ministry executive Takatoshi Ito indicated that Japanese authorities likely intervened in the currency market, viewing ¥160 to the dollar as a critical threshold. Ito, who has connections

Read More