XtremeMarkets

WTI slips below $63.00 ahead of US-Iran talks

WTI Slips Below $63 as US-Iran Talks Pressure Oil Prices

West Texas Intermediate (WTI), the US crude oil benchmark, trades near $62.85 during Asian hours on Friday. Prices move lower after the United States and Iran confirmed plans to hold talks in Oman later in the day. Iran is expected to center discussions on its long-running nuclear dispute with Western nations. Washington, meanwhile, wants broader […]

Australian Dollar stays under pressure amid cautious market mood

Australian Dollar Weakens as RBA Stance, Market Caution Weigh

The Australian Dollar (AUD) extended its losses against the US Dollar (USD) for a third consecutive session on Friday, as broad risk aversion weighed on global markets. The risk-sensitive, commodity-linked AUD came under selling pressure after a sharp decline in global equities, driven largely by a tech-led sell-off and renewed concerns over heavy investment in […]