XtremeMarkets

WTI steadies above $59.00 as traders weigh Iran developments and Trump’s tariff threats

WTI Price Today

West Texas Intermediate (WTI), the US benchmark crude oil, is trading near $59.30 during early European hours on Monday. Prices remain stable as markets assess easing tensions in Iran alongside broader risk-off sentiment. Investors are also positioning ahead of the American Petroleum Institute (API) crude oil stockpiles report due on Tuesday. Although tensions in Iran […]

EUR/USD rebounds from multi-week lows amid renewed tariff tensions

EUR/USD Rebounds

EUR/USD edged higher on Monday, recovering from recent losses despite fresh tariff threats from US President Donald Trump. The pair was trading near 1.1630 at the time of writing, after bouncing from seven-week lows around 1.1585, as the US Dollar (USD) weakened amid growing uncertainty surrounding US trade policy. Market sentiment was shaken over the […]

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Gold slips toward $4,600 as firm US data and easing tensions pressure prices

Gold slips

Gold (XAU/USD) trades modestly lower near $4,600 per troy ounce on Thursday, retreating from a fresh all-time high of $4,643 set in the previous session. The non-yielding metal faces pressure after stronger-than-expected US Producer Price Index (PPI) and Retail Sales data, combined with last week’s softer Unemployment Rate, strengthened expectations that the Federal Reserve will […]

USD/CAD holds near 1.3900 as solid US data underpins Fed pause outlook

USD/CAD Nears 1.3900 as Strong US Data Backs Fed Pause

USD/CAD remains modestly higher for a third consecutive session, trading close to the 1.3890 level during early Asian trading on Thursday. The pair continues to find support from a firmer US Dollar (USD), backed by stronger-than-expected US economic data. Market participants now turn their attention to the weekly US Initial Jobless Claims release later in […]

WTI slips below $61.00 amid US inventory surge and renewed Venezuelan exports

WTI Falls Below

West Texas Intermediate (WTI), the US crude oil benchmark, is trading near $60.70 during Asian hours on Wednesday, extending its decline below the $61.00 level. Prices are under pressure as Venezuela resumes crude exports and fresh data from the American Petroleum Institute (API) points to a sharp rise in US oil stockpiles. Market participants are […]

US Dollar Index holds near 99.00 as markets await Retail Sales, PPI

US Dollar

The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading slightly lower after posting modest gains in the previous session. During Asian trading hours on Wednesday, the index is hovering around 99.10, with investors turning cautious ahead of the US Retail Sales and Producer Price […]

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Gold holds below $4,600 as traders await key US CPI data

Gold Holds Below

Gold (XAU/USD) remains in a consolidation phase just below the $4,600 level and close to the record high set in the previous session during Tuesday’s Asian trading hours. Market participants appear reluctant to commit to fresh positions ahead of the release of the latest US Consumer Price Index (CPI) data, which could provide clearer guidance […]

US CPI seen holding steady, Fed policy outlook likely unchanged

US CPI Expected to Hold Steady

The US Bureau of Labor Statistics (BLS) is set to release the Consumer Price Index (CPI) for December on Tuesday at 13:30 GMT. The data is expected to show that inflation pressures remained broadly stable toward the end of 2025. As one of the most closely watched inflation gauges, the report could prompt short-term volatility […]

EUR/GBP steadies near 0.8650 as markets look ahead to UK GDP figures

EUR/GBP Holds

The EUR/GBP pair remains range-bound around the 0.8650 level during Tuesday’s European session. Price action is muted as investors wait for clearer signals on the near-term monetary policy outlook from both the Bank of England (BoE) and the European Central Bank (ECB). The BoE is widely expected to maintain a cautious, gradual easing bias. While […]

Gold Prices Slip as Strong Dollar Keeps Pressure On

Gold Prices Edge Lower

Gold prices dipped a bit during Friday’s Asian session. It’s having a hard time building on yesterday’s bounce from around $4,400. The reason? The US dollar looks strong—it’s hanging out near a one-month high, and a stronger dollar usually drags gold down, since gold doesn’t pay interest. Still, gold isn’t seeing a big wave of […]

GBP/USD Pair Stalls Below Short-Term Resistance

GBP/USD Pair Faces Resistance

The GBP/USD pair is trading below 1.3430 in the Asian session, hunched over during a quiet period. The pair had been feeling a bit blue for four days. When the price gets near resistance, buyers begin looking very worried. There hasn’t been very much downward movement, but there has not been much upward movement, either, and undeniably, the […]

Japanese Yen Keeps Sliding Even as Spending Bounces Back

Japanese Yen Keeps Sliding

The Japenes Yen has been declining for the fourth day in a row and is still stuck close to its lows against the dollar. You’d think stronger household spending would help, but even a solid rebound in November didn’t turn things around. People in Japan are spending more, sure, but inflation keeps racing ahead of […]

Gold stays under pressure as traders book profits ahead of US NFP

Gold prices

Gold prices (XAU/USD) extend their mild pullback for a second consecutive session, slipping back toward the previous overnight low during Thursday’s Asian trade. The decline appears largely driven by profit-taking rather than a fresh fundamental trigger, and downside momentum remains contained by a broadly supportive macro backdrop. While global risk sentiment has been resilient, rising […]

EUR/GBP rebounds toward 0.8680 as markets look past softer Eurozone inflation

EUR/GBP Rebounds

The EUR/GBP pair trims its early losses and edges higher toward the 0.8680 mark during late Asian trading on Thursday. The modest rebound comes as investors largely shrug off weaker-than-expected preliminary Eurozone inflation figures for December. Data released by Eurostat on Wednesday showed headline Harmonized Index of Consumer Prices (HICP) rising 2.0% year over year, […]

US Dollar Index Drops as Venezuela Fears Ease

The US Dollar Index Slips Near

The US dollar index kept sliding for a second day, hovering near 98.00 in Asian trading on Tuesday. The Dollar Index, which measures the greenback against six major currencies, just doesn’t have much energy right now. Why? Traders aren’t as nervous about the situation in Venezuela. The tension isn’t spilling over, so people are feeling […]

Silver Price Breaks Above $76.50 as Investors Flock to Safe Havens

Silver Price Breaks

The traders jumped into silver on Tuesday morning in the Asia session, with XAG/USD leaping through $76.50 and trading close to $76.55 at the time of writing. Investors rushed into safe havens, and silver shone in the spotlight. The reason for the silver price spike? More geopolitical drama from Venezuela. The U.S. seized Venezuelan President Nicolás Maduro over […]