Trading Demo Account – Your Gateway to Smart Forex Trading
When it comes to learning forex trading, nothing beats the power of practice. At XtremeMarkets, we understand that new traders often feel overwhelmed by charts, technical indicators, and the fast pace of global markets. That’s why we provide a Trading Demo Account—a risk-free environment where you can experience real market conditions without putting your hard-earned […]
Australian Dollar under pressure as Trump warns of new tariffs on China
The Australian Dollar (AUD) slipped for a second straight session on Tuesday, trading near 0.6480 against the US Dollar (USD). The AUD/USD pair remains subdued after US President Donald Trump threatened to impose a 200% tariff on Chinese goods if Beijing refuses to supply magnets to the United States, according to Reuters. As China is […]
USD/CAD holds near 1.3850 as Trump dismisses Fed Governor Cook
The USD/CAD pair is trading cautiously around 1.3850 on Tuesday, with the Canadian Dollar (CAD) showing modest resilience against the US Dollar (USD). The move comes after US President Donald Trump dismissed Federal Reserve (Fed) Governor Lisa Cook over allegations related to her mortgage holdings in Michigan and Georgia. Trump had earlier urged Cook to […]
Gold slips as US Dollar strengthens; Powell’s dovish tone may limit losses
Gold (XAU/USD) eased toward $3,350 in early European trading on Monday, weighed down by renewed US Dollar (USD) demand. However, growing expectations of a Federal Reserve (Fed) rate cut in September, following dovish remarks from Chair Jerome Powell at the Jackson Hole symposium, could cushion the downside for the precious metal. Powell acknowledged that while […]
EUR/USD Price Forecast: Testing a Key Trendline Above 1.1700
The EUR/USD pair is holding onto Friday’s momentum, trading slightly above 1.1700 during the early European session on Monday. The common currency shows resilience as the US Dollar (USD) weakens, pressured by Federal Reserve Chair Jerome Powell’s remarks suggesting the possibility of interest rate cuts amid rising labor market concerns. The US Dollar Index (DXY), […]
WTI steadies near $63.50 as 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, […]
EUR/GBP edges lower near 0.8650 ahead of German GDP data
The EUR/GBP pair trades with modest losses around 0.8650 in early European hours on Friday, as the Pound Sterling (GBP) finds support from expectations that the Bank of England (BoE) may refrain from additional rate cuts this year. Investors now await Germany’s second-quarter (Q2) Gross Domestic Product (GDP) release due later in the day. UK […]
Gold Slips as Hawkish Fed Minutes, Stronger USD and Peace Hopes Weigh on Safe-Haven Demand
Gold (XAU/USD) came under renewed selling pressure during Thursday’s Asian session, struggling to extend its rebound from a three-week low. The yellow metal remains weighed down by a firmer US Dollar after the Federal Reserve’s July 30–31 meeting minutes signaled that officials remain more concerned about inflation than the labor market. The hawkish tone has […]
EUR/USD Holds Losses Near 1.1650 Ahead of Key Eurozone PMI Data
The EUR/USD pair remains under pressure, trading around 1.1640 during Thursday’s Asian session after modest gains in the previous day. The Euro weakens against the US Dollar as markets await the release of HCOB Purchasing Managers’ Index (PMI) figures from Germany and the broader Eurozone. Germany’s PMI data is due at 07:30 GMT, with the […]
WTI Slips Toward $62.00 Amid Hopes for Ukraine Peace Talks
West Texas Intermediate (WTI) crude oil prices softened in early Asian trading on Wednesday, drifting to around $62.05. The pullback comes as optimism grows over potential peace talks aimed at ending Russia’s invasion of Ukraine, following discussions between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy. Market participants anticipate that any agreement to legitimize […]
NZD/USD Drops Toward 0.5850 After RBNZ Rate Cut
The New Zealand Dollar (NZD) continued its losing streak for a third straight session on Wednesday, with NZD/USD slipping toward 0.5850 during Asian trading hours. The decline followed the Reserve Bank of New Zealand’s (RBNZ) decision to lower its Official Cash Rate (OCR) by 25 basis points to 3.00%, in line with market expectations. Meanwhile, […]
US Dollar Index Holds Above 98.00 Ahead of Fed Minutes
The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, strengthened during Wednesday’s Asian session, trading near 98.30. The move comes as fading expectations of aggressive Federal Reserve (Fed) policy easing—following a stronger US wholesale inflation print—lend support to the currency. Earlier this month, weaker US employment data and […]
Regulated Forex Broker – Why Broker Choice Matters
When it comes to online trading, selecting the right Forex Broker is one of the most critical decisions every trader must make. The forex market offers endless opportunities, but without a reliable partner, those opportunities can quickly turn into risks. That’s why many professionals and retail traders alike emphasize working only with Regulated Forex Brokers. […]
Australian Dollar slips as US Dollar firms on geopolitical optimism
The Australian Dollar (AUD) extends its decline for a second straight session on Tuesday, with AUD/USD trading lower despite an improvement in domestic sentiment data. Westpac Consumer Confidence surged 5.7% in August to 98.5, its highest level since February 2022, after a modest 0.6% rise in July. The lift comes as the Reserve Bank of […]
GBP/USD edges lower toward 1.3500 as Fed cut bets ease
The GBP/USD pair trades on a softer note near the 1.3500 mark during Tuesday’s early European session. The US Dollar (USD) gains modestly against the Pound Sterling (GBP) as traders scale back expectations of a Federal Reserve (Fed) rate cut at the September 16–17 policy meeting. Attention now shifts to the UK’s July Consumer Price […]
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 […]
Best Forex Trading Platforms – Trade Smarter
In today’s fast-moving currency markets, choosing the best forex trading platform can make all the difference between consistent profits and missed opportunities. With countless brokers competing for your attention, it’s essential to select a platform that offers powerful tools, fast execution, and secure trading conditions. At XtremeMarkets, we understand the needs of both beginners and […]
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 […]