XtremeMarkets

EUR/USD towards 1.1305 as threat of Russian aggression grows heavier

EUR/USD towards 1.1305 as threat of Russian aggression grows heavier   EUR/USD rallies early in the day as risk appetite fades with major Asian indexes printed in red. The EUSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.2 percent, while Japan’s Nikkei index lost 2.5 percent. At 1.1353, the Euro is now steady on […]

Global Market Asian tech stocks rises with dollar gain

Global Market Asian tech stocks rise with dollar gain Asian tech stocks moved higher on Thursday, following US stocks. Although the larger gains were limited by the strength of the US dollar, as investors gambled on a faster rate hike in the US than other major economies. European stocks were expected to rise in early […]

USD/JPY rise above 115.00 when bullish track hits 44-month high

USD/JPY rise above 115.00 when bullish track hits 44-month high The USD/JPY bull is breathing around 115.10 after a spike that broke a multi-month high earlier on Wednesday. At the same time, the yen is struggling to extend its two-day rally amid falling US Treasury yields. The 10-year U.S. Treasury yield fell 0.8 basis points […]

Gold price outlook: XAU/USD Bulls bullish amid weak US dollar in Asia

Gold price outlook: XAU/USD Bulls bullish amid weak US dollar in Asia Asia’s gold is rallying as the US dollar offset some of its overnight gains as the US dollar breaks new cyclical highs following the re-election of Fed Chairman Jerome Powell. According to ANZ Bank analysts, the market immediately began pricing in relation to […]

AUD/USD will Improve its Monthly Opening Range as Jobs in Australia Increases

AUD/USD will Improve its Monthly Opening Range as Jobs in Australia Increases The currency pair of AUD/USD has downgraded as it failed to trade above 0.7548. The news coming from Australia may control the recent decline in the exchange rate as the job growth is expected to return in October month. AUD/USD currency pair is […]

USD/ZAR is Going to Stabilize as the Local Election Results Will be Clear

USD/ZAR is Going to Stabilize as the Local Election Results Will be Clear The South Africans cast their votes yesterday in the 2021 municipal elections among the Eskom that will continue for the day. The votes will be calculated to figure out which parties will rule in the winning situation in their cities. RAND Corporation […]

CAD Rises that Makes it Safe to Spend On

CAD Rises that Makes it Safe to Spend On The week is going to be big for the global market because we are hearing a lot of reports out of the US and the macro calendar is loaded with Federal Reserve and nonfarm payrolls documents. The Canadian dollar is going toward a big week after […]

The factory work expanded in china for the October month

The factory work expanded in china for the October month The pace of the Chinese factory activity got expanded in just four months during October that got limited by the strong demand. The power shortages have increased the costs that weigh on production as released by the business survey that was released on Monday. The […]

Corporate Earnings of US & China Increases the Nation’s Currency Prices

US Dollar Gets strong as Corporate earnings grow in the market The corporate earnings of the US and China have made their currency strong. Traders were feeling high when they saw that the corporate earnings were running strong and the factors like US/China economic and trade situations were also going strong. All this news came […]

Joe Biden’s US Billionaire Tax was Criticized in US

Joe Biden’s US Billionaire Tax was Criticized in the US The new billionaire tax scheme that will help the social services and climate change plan of President Joe Biden was not welcomed by billionaires. People and some democrats gave importance to the original plan of US tax rates that is running currently in the country […]

COP26 Event is Going to be Organized on 31st Oct For Environmental Welfare

COP26 Event is Going to be Organized on 31st Oct For Environmental Welfare The prices of energy are rising that are affecting the economies in nations like Asia, North America, and Europe. COP26 is a two-week event that is going to begin on 31st Oct in the Glasgow city of Scotland. The United States Conference […]

EUR/USD is trading close to 1.1600, gathering strength for the next push higher

EUR/USD is trading close to 1.1600, gathering strength for the next push higher The EUR/USD pair traded as high as 1.1593, presently fostering a couple of pips beneath the level. The day-by-day outline shows that the current recuperation could well be viewed as restorative, as the pair stays under a solidly negative 20 SMA, presently […]

EUR/USD is closing in on 1.1600, unable to hold on at higher levels

EUR/USD is closing in on 1.1600, unable to hold on at higher levels The EUR/USD pair is up for a second continuous day, yet the development appears to be a simple adjustment. The pair has slowed down its recuperation of a small bunch of pips underneath the 23.6% retracement of its most recent everyday droop […]