xtrememarkets

The Impact of Social Media on Trading

The Impact of Social Media on Trading Social media has revolutionized how we communicate, share ideas, and consume information. It has also impacted forex trading in significant ways, making it easier than ever before to access all the tools necessary to trade successfully. In this blog, we will discuss how social media has influenced forex trading and what traders should keep in mind when utilizing this platform. Social Media Platforms as a Source of News […]

Nvidia’s AI Success to Revive Nasdaq 100 After Challenging August

Nvidia’s AI Success to Revive Nasdaq 100 After Challenging August Nvidia’s impressive achievements in the field of artificial intelligence (AI) are having a positive impact on the performance of stocks within the Nasdaq 100 index. Despite a rather challenging month of August, the dynamics changed dramatically thanks to Nvidia’s strong financial results. The company managed to exceed its own ambitious sales projections, and the driving force behind this success was the robust demand for AI-related […]

S&P500 Futures rise, yields steady after big moves, central bankers in focus

S&P500 Futures rise, yields steady after big moves, central bankers in focus S&P500 Futures are slightly up, and interest rates have steadied after some big changes. People are paying attention to central bankers. The mood in the market is somewhat positive, but it’s struggling to stay as upbeat as yesterday. This week, there are important events and data to watch out for. The Jackson Hole Symposium is starting, and there’s also info on US Durable […]

EUR/USD stands firm above 1.0850 despite weak Eurozone PMI data; attention shifts to Jackson Hole

EUR/USD stands firm above 1.0850 despite weak Eurozone PMI data; attention shifts to Jackson Hole Despite receiving unfavorable news about the state of the Eurozone’s economy, the EUR/USD exchange rate remains relatively stable, holding above the key level of 1.0850. As the Asian trading session progresses on Thursday, the pair is observed to be trading around 1.0870, marking a second consecutive day of gains. This development is particularly intriguing due to the recent release of […]