XtremeMarkets

Economic News

WTI Crude Trades Below $60 with Limited Downside Risk

WTI Dips Below $60, But Downside Looks Limited

WTI crude slipped just under $60 on Monday, trading with a slightly negative vibe. Still, it’s hanging near the two-week high it hit on Friday, so sellers aren’t really taking over. The price has been climbing for three weeks straight,

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NZD/USD Rises as China’s Trade Surplus Reaches 5-Month High

NZD/USD Picks Up Speed as China’s Trade Surplus Surges

NZD/USD climbed higher in Monday’s Asian trading, pushing toward 0.5785 after China posted surprisingly strong trade numbers. China’s trade surplus hit $111.68 billion in November—its biggest in five months and a big jump from October’s $90.07 billion. That matters for

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GBP/USD Drops Below 1.3350: Fed & BoE Rate Cut Outlook

GBP/USD Drops Below 1.3350 as the USD Accelerates

Early on Thursday, GBP/USD is trading around 1.3330, retreating from its recent two-month high. The main story? The US Dollar bounced back, even though American economic data has been underwhelming. People are keeping an eye on the calendar—big US numbers

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