Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2022

• 27 January 2022 2:46 am

  XAU/USD Bears Sink Their Teeth Into The Market On Hawkish Powell

  

  Gold prices have dropped and now trading at $1,817.59. Gold is moving towards the close and down some 1.65% after falling from a $1,850.11 high to test a low of $1,814.98. The drop came on the back of a hawkish twist at the Federal Reserve event on Wednesday.Initially, the Federal …

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• 27 January 2022 2:00 am

  Tesla Q4 Earnings Beating Record Profit, But Shares Drop

  

  Tesla stock dropped after the company reported better-than-expected earnings for Q4. But the automaker’s fourth-quarter results might not be good enough for investors.Tesla reported earnings of $2.54 a share in the fourth quarter from $17.7 billion in sales Tesla reported earnings for Q4 after the close on Wednesday. Earnings per …

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• 27 January 2022 12:50 am

  Powell Expects Progress On Inflation In Second Half Of 2022

  

  In his usual post-Fed meeting press conference, Fed Chair Jerome Powell said on Wednesday that he expects to see progress on inflation in the second half of 2022.Main Quotes: “It’s a very, very tight labor market.”“We think there’s a pool of people who could come back to labor force, but …

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• 27 January 2022 12:44 am

  S&P 500 Slumps Amid Fed’s Powell Press Conference

  

  The S&P 500 faced strong resistance at the 200-DMA followed by a sharp drop approaching January 25 daily lows at 4,287. The S&P 500 plunges almost 1% during the New York session. After the Federal Reserve announced that it keep the Federal Funds Rates (FFR) unchanged at the 0 to …

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• 27 January 2022 12:39 am

  US Dollar Moves To Top Spot On CSI, Fed Powell’s Comments

  

  The US dollar and yields have shot higher, extending the post-Fed statement gains during Fed Powell’s hawkish pivot. Bulls have got behind a faster pace of tightening than what had been priced in. The Federal Reserve did what was expected from them in the main and there had been low …

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• 27 January 2022 12:30 am

  Powell: There is a risk high inflation will be prolonged

  

  Fed Chair Jerome Powell, in his usual post-Fed meeting press conference on Wednesday, said there is a risk high inflation will be prolonged, even though it’s not our base case. Additional Remarks:“We have to be able to address all plausible outcomes.”“We need to be in a position to address the …

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• 26 January 2022 11:45 pm

  GBP/USD Little Changed After FOMC Meeting

  

  GBP/USD has exhibited a choppy post-Fed reaction, swinging from just above 1.3500 pre-announcement to as high as the 1.3520s and then lower again to current levels around 1.3510. There hasn’t been much follow-through in terms of an FX market reaction in wake of the Fed’s latest monetary policy decision, which …

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• 26 January 2022 11:30 pm

  EUR/USD: Fed’s Statement Fails To Move The Needle Out Of Familiar Territories

  

  The Federal Open Market Committee’s two-day meeting has concluded on Wednesday and the statement has been released along with the Fed’s interest rate decision in a highly anticipated event for financial markets.Markets were expecting the Fed to give guidance on asset purchases that were expected to conclude in March. However, …

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• 26 January 2022 11:19 pm

  First US Post-Pandemic Rate Hike In March Is Likely

  

  The US Federal Reserve announced on Wednesday that the FOMC had agreed to leave the Federal Funds target range unchanged at 0.0-0.25%, in line with expectations. The central bank said that it would soon be appropriate to raise the Federal Funds rate, the strong hint that many market participants would …

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• 26 January 2022 11:09 pm

  Fed Leaves Policy Rate Unchanged

  

  The US Federal Reserve announced on Wednesday that the FOMC had agreed to leave the Federal Funds target range unchanged at 0.0-0.25%, in line with expectations. The US central bank has said it will soon be appropriate to raise rates.

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• 26 January 2022 11:05 pm

  EUR/USD Subdued As Traders Get Ready For Fed

  

  The European shared currency edges low, amid a risk-on market mood ahead of the Fed. The EUR/USD pair is downward biased though upside risks remain if the Fed fails to deliver a hawkish statement and could expose resistance levels at 1.1314 and 1.1398.A hawkish Fed statement could expose support levels …

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• 26 January 2022 10:36 pm

  Gold Benefits From Risk Appetite Ahead Of Fed’s Decisions

  

  Spot gold (XAU/USD) prices have been under selling pressure in recent trade, dropping from the mid-$1840s prior to the US open to around the $1830 as the Fed monetary policy announcement at 1330GMT looms. A combination of pre-Fed profit-taking and short-term, intra-day technical selling have been cited as the reason …

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• 26 January 2022 8:38 pm

  Could Fed Announce US Economy’s Near Full Employment?

  

  Federal Reserve officials have been emphasizing rapid progress in the labour market as they prepare to raise interest rates. Jerome Powell, the Federal Reserve chair, is likely to talk about how the strong labour market might interact with inflation this year. Federal Reserve officials are expected to emphasize on Wednesday …

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