XtremeMarkets

XAU/USD is flirting with a significant daily golden ratio of 61.8 percent

XAU/USD is flirting with a significant daily golden ratio of 61.8 percent At $1,935, the gold price is a tad lower at the start of the week’s last day, down around 0.1 percent. So far, the yellow metal has ranged from a high of $1,937.92 to a low of $1,932.56. Overnight, the precious metal was […]

Oil exports from the United States are increasing, pushing fuel away from storage hubs

Oil exports from the United States are increasing, pushing fuel away from storage hubs Following Russia’s invasion of Ukraine, US oil exports have increased, and barrels of domestic oil that would normally go to the Cushing, Oklahoma, storage center are now being shipped via the Gulf Coast, dealers said. The invasion shook the oil market, […]

The EUR/USD is once again under pressure as Asia takes over the baton

The EUR/USD is once again under pressure as Asia takes over the baton EUR/USD is down 0.13 percent, having fallen from a top of 1.1013 to a low of 1.0982 thus far. The US dollar rose on Wednesday as oil prices rose again, with US President Joe Biden set to announce more sanctions against Russia […]

Markets are ‘functioning smoothly,’ with no signs of default despite severe volatility, according to CFTC Chair

Markets are ‘functioning smoothly,’ with no signs of default despite severe volatility, according to CFTC Chair Markets are “functioning well” despite unprecedented volatility caused by Russia’s invasion of Ukraine, according to the chair of the US Commodity Futures Trading Commission on Wednesday. While the financial sector is “definitely” stressed, there are no red lights indicating […]

Dollar Up, Euro Down as Russian Invasion of Ukraine Intensifies

Dollar Up, Euro Down as Russian Invasion of Ukraine Intensifies The dollar was up on Friday morning in Asia, but the euro was set for its worst week versus the U.S. currency in nine months. The Russian invasion of Ukraine and the resultant higher commodities prices continue to drag on expectations of European economic growth. […]

Following the ECB shock, European firms face higher borrowing costs

Following the ECB shock, European firms face higher borrowing costs After the ECB’s surprise pivot toward tighter monetary policy, European companies hoping to fund M&A and capital expenditures on bond markets this year face a sharp increase in borrowing costs and wary buyers. Bond issues are an important source of funding for businesses, and their […]

Xtreamforex news wrap: Mixed bag but the USD generally a touch stronger

Xtreamforex news wrap: Mixed bag but the USD generally a touch stronger   Blended outcomes across major FX rates today yet described in a rundown by a marginally more grounded US dollar on somewhat firmer US yields. The early exchange saw link acquire some ground and the AUD uneven yet bring down a couple of […]

Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict

Dollar Steadied Against Major Currencies; Bitcoin Tumbled On China’s Verdict   The Dollar Stabilized versus major currencies on Wednesday as traders were waiting for U.S. Federal Reserve minutes, Although bitcoin dropped after China halted its financial institutions from offering services related to cryptocurrency assets. The minutes from the Fed’s most recent meeting is going to […]

Dollar Topple; Inflation Concerns Indicate Substantial Week

Dollar Topple; Inflation Concerns Indicate Substantial Week   The Dollar declined in early European trade on Friday after the one-week gain because traders considerably seem to be fine with the latest inflation data that could impact on Federal Reserve Policy. The Dollar Index, which traces the U.S. currency against a basket of six other currencies […]

World Stocks on a Progressive note for First Weekly Gain

World Stocks on a Progressive note for First Weekly Gain   World stocks managed for their first weekly gain in three in the middle of the flood in commodity prices on the other hand traders supported the U.S. jobs report later on Friday that could provide clues on when the Federal Reserve will ease back […]

Dollar High as regardless of Surprise fall in U.S. Manufacturing Data

Dollar High as regardless of Surprise fall in U.S. Manufacturing Data   The dollar was high on Tuesday morning in Asia as an unexpected slowdown in U.S. manufacturing growth cut off Investor bets on a booming U.S. economy giving the U.S. currency a boost. The U.S. Dollar Index traces the greenback against a basket of […]

Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy

Dollar Declined, Euro Elevated as Fed kept Dovish Monetary Policy   The Dollar declined on Thursday morning in Asia, as the U.S. Federal permit in its most advanced policy decision the global reflation trade with persistently aggressive monetary policy. The U.S. Dollar Index traces the greenback against a basket of other major currencies slightly down […]

Dollar Elevated with Expectations on Fed Policy Decision

Dollar Elevated with Expectations on Fed Policy Decision   The Dollar inclined on Wednesday Morning in Asia after the U.S. Federal Reserve’s announcement of latest policy decision and Joe Biden’s spoke in front of a collective assembly of Congress, is going to happen later in the day. The U.S. Dollar Index traces the greenback against […]

The Dollar Declined Amid ECB Policy Decision

The Dollar Declined Amid ECB Policy Decision   The Dollar Declined on Thursday Morning in Asia, remaining near multi-week lows as declining gains in U.S. Treasury yields shrunk the U.S. Currency’s interest-rate benefits. The U.S Dollar Index traces the greenback against a basket of other currencies slightly down by 0.03% to 91.105. The USD/JPY pair […]

Asian Shares, Oil Declined Amid Fear of Overall COVID-19 Risks

Asian Shares, Oil Declined Amid Fear of Overall COVID-19 Risks   Asian Shares and U.S. Stock Futures declined on Wednesday as concern about the renewal of COVID-19 cases in some countries creates an immense tension over the strength of global growth and demand for crude oil. Euro stoxx 50 futures up 0.28%, Germany’s DAX futures […]

World Stock Climbed Record High Amid Relieve In Bond Yields

World Stock Climbed Record High Amid Relieve In Bond Yields   Good news is coming from the global Stock market, as the market elevated to a record amid relief in bond yields with the decrement in the Inflation rate, investors anticipating the recovery of the ruptured economy. Fraction of Asia-Pacific shares outshine after the New […]

Choosing the Best: Meta Trader 4 Vs Meta Trader 5

Choosing the Best: Meta Trader 4 Vs Meta Trader 5   Trading online is quite popular these days. Just like the rest of the things that we do online, trading can also be done with ease and convenience. The convenience and reliability factors are paramount for trading in an offline mode and they become equally […]