XtremeMarkets

WTI steadies near $63.50 as Russia-Ukraine peace prospects dim

Russia-Ukraine peace prospects dim

West Texas Intermediate (WTI) crude oil traded flat on Friday, hovering around $63.40 during Asian hours, after two consecutive days of gains. Prices remained steady as optimism over an immediate Russia-Ukraine peace settlement continued to fade, keeping risk premiums intact. According to Reuters, analysts at ING noted, “It’s proving difficult to arrange a Putin-Zelenskyy summit, […]

Gold rebounds from two-week low ahead of Trump–Zelensky talks

Gold rebounds from two-week low ahead of Trump–Zelensky talks

Gold (XAU/USD) bounced back from a two-week low near the $3,324 region in early Asian trading on Monday, climbing to fresh daily highs. The recovery was supported by growing conviction that the U.S. Federal Reserve will resume rate cuts in September, weighing on Treasury yields and lending support to the safe-haven metal. Repositioning ahead of […]

EUR/USD Holds Above 1.1650, Rebounds After Thursday’s Losses

EUR/USD Holds Above 1.1650, Rebounds After Thursday’s Losses

EUR/USD is recovering during Friday’s Asian session, trading near 1.1660 after rebounding from a near 0.5% drop in the previous session. The pair is benefiting from a softer US Dollar (USD) as markets increase bets on a September interest rate cut by the Federal Reserve (Fed). According to CME’s FedWatch Tool, traders are now pricing […]

Japanese Yen Strengthens on Robust GDP Data, Pressures USD/JPY

Japanese Yen Strengthens on Robust GDP Data, Pressures USD/JPY

The Japanese Yen (JPY) extended gains on Friday, supported by stronger-than-expected domestic GDP figures and broad US Dollar (USD) weakness. Data from Japan’s Cabinet Office showed the economy grew 0.3% in Q2 2025, translating to a 1.0% annualized expansion. This beat market expectations of 0.4% and followed a 0.2% contraction in Q1, reinforcing expectations that […]

EUR/USD Holds Near 1.1650 as Fed Rate Cut Bets Rise and ECB Maintains Policy Pause

EUR/USD Holds Near 1.1650 as Fed Rate Cut Bets Rise

The EUR/USD pair remains steady around the 1.1660 mark in Friday’s Asian session, following three consecutive days of gains. The Euro could see further upside as the US Dollar (USD) weakens amid growing expectations of a Federal Reserve rate cut in September. According to the CME FedWatch tool, markets now price in a 93% chance […]

US Dollar Index slips below 99.00 ahead of key Fed policy decision

US Dollar Index slips below 99.00 ahead of key Fed policy decision

The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, is trading around 98.80 during Wednesday’s Asian session, snapping a four-day winning streak. Investors are exercising caution ahead of the US Federal Reserve’s (Fed) interest rate decision later in the North American session. Markets widely expect the Fed to […]

EUR/USD Price Outlook: Bullish Tone Intact Above 1.1700 and 100-SMA (H4)

EUR/USD Price Outlook

EUR/USD started the week on a firm footing, rising toward the 1.1770 level during the Asian session amid renewed optimism surrounding a potential US-EU trade agreement. However, the pair is struggling to build on this momentum as traders remain cautious ahead of the two-day FOMC meeting beginning Tuesday and key U.S. economic data due later […]

WTI Drops Below $65.50 as Demand Fears Weigh on Oil Markets

WTI Drops Below $65.50 as Demand Fears Weigh on Oil Market

West Texas Intermediate (WTI) crude slipped to around $65.40 during early Asian trading on Wednesday, as renewed concerns over global oil demand and trade tensions put pressure on prices. The latest decline comes amid mounting anxiety over US President Trump’s tariff strategy, which investors fear could dampen global economic growth and reduce fuel consumption. Markets […]

Gold Hovers Below $3,400 as Trade Tensions and Fed Drama Fuel Uncertainty

Gold Hovers Below $3,400 as Trade Tensions

Gold (XAU/USD) slipped slightly on Tuesday after posting gains over the past two sessions. Despite the pullback, the precious metal remains supported by heightened geopolitical and monetary concerns, particularly as markets brace for the looming August 1 tariff deadline set by US President Donald Trump. The spotlight remains on the ongoing trade talks between the […]

Ishiba’s Tariff Misstep and Japan’s Political Uncertainty

Ishiba’s Tariff Misstep and Japan’s Political Uncertainty

Shigeru Ishiba’s rise to power felt more like a sentiment-driven market surge than a carefully calculated political ascent. Thrust into Japan’s leadership amid internal party turmoil, his tenure quickly drew comparisons to a speculative rally — exciting at first, but ultimately lacking staying power.  Now, as the upper house election approaches, Ishiba faces a defining […]

EUR/USD Breaks Above 1.1600 as Dovish Fed Comments Ease Risk Aversion

EUR/USD Breaks Above 1.1600 as Dovish Fed Comments Ease Risk Aversion

The EUR/USD pair rebounded sharply on Friday during the Asian session, climbing above the 1.1600 mark to trade around 1.1630. The recovery follows a decline in the previous session and comes amid a softer US Dollar (USD) driven by easing risk sentiment and dovish commentary from several Federal Reserve (Fed) officials.  San Francisco Fed President […]

EUR/USD Slips Toward Multi-Week Lows Amid Powell-Trump Tensions and Market Caution

EUR/USD Slips Toward Multi-Week Lows Amid Powell-Trump Tensions and Market Caution

The EUR/USD pair came under renewed pressure on Thursday, nearing its lowest levels in nearly three weeks as market sentiment turned risk-averse following heightened political drama between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell.  As of writing, the pair is trading around 1.1575, testing the lower boundary of the bearish channel that […]

WTI Crude Holds Below $65.50 Despite Signs of Improving Demand

WTI Crude Holds Below $65.50 Despite Signs of Improving Demand

West Texas Intermediate (WTI) crude oil extended its losing streak for the fourth consecutive session on Thursday, trading near $65.30 during European market hours. While recent data suggests improving demand, prices have yet to rebound significantly.  Support came from positive economic signals. The Federal Reserve’s latest Beige Book reported a slight uptick in overall business […]