Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Bitcoin Dominance GrowsBitcoin (BTC) continued its upward trajectory, surpassing the $97,000 mark. This surge in BTC’s price has led to increased Bitcoin dominance, indicating a shift in investor preference towards the leading cryptocurrency. As a result, many altcoins have seen their prices decline relative to Bitcoin.Impact of the Tornado Cash …
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12 May, 2025 1:10 pm
U.S. and China Agree to 90-Day Tariff Truce, Markets Rally on De-escalation Hopes
In a significant step toward easing trade tensions, the United States and China announced on Monday …
12 May, 2025 11:28 am
European Stocks Surge on U.S.-China Trade Optimism; UniCredit Hits Record Profit
European equity markets rallied on Monday, driven by renewed optimism over the state of global trade…
12 May, 2025 10:23 am
Dollar Gains as U.S.-China Trade Talks Ease Market Jitters; Focus Shifts to U.S. Inflation, Retail Data
The U.S. dollar strengthened on Monday against traditional safe-haven currencies as weekend trade di…
12 May, 2025 10:07 am
Oil Prices Rise as U.S.-China Trade Talks Signal Progress; Market Eyes OPEC+ Output and Iran Developments
Oil prices advanced on Monday as upbeat signals from U.S.-China trade negotiations boosted sentiment…
12 May, 2025 1:09 am
Weekly market recap: stagflation and Federal Reserve Bank into focus
US Dollar closed the week higher, making use of a number of developments, including reaching a trade…
10 May, 2025 1:24 am
USD/JPY Slips to 145.00 Amid US Dollar Woes and Japan’s Spending Surge
The USD/JPY pair retreated to 145.00 on May 9, 2025, after failing to sustain gains above a one-mont…
9 May, 2025 11:13 pm
Gold Advances at $3,325.39 as Dollar Weakens and Global Tensions Flare
Gold prices surged over 1% on May 9, 2025, reaching $3,325.39 per ounce, as a weakening US Dollar an…
9 May, 2025 9:47 pm
Trump Stands Pat on Tariffs Even as New Trade Pacts Loom
On May 9, 2025, President Donald Trump declared that the US would maintain a universal 10% tariff on…
9 May, 2025 8:32 pm
Dollar Dips as Stock Surge and Fed Hints at Rate Cut Loom
The US Dollar retreated from its near-monthly peak on May 9, 2025, as a wave of stock buying swept t…
9 May, 2025 3:59 pm
Wall Street Futures Muted as Investors Await U.S.-China Trade Talks; Nvidia Eyes China Chip Shift
U.S. stock futures traded cautiously on Friday, as market participants held back ahead of a key roun…
Market Analysis
November, 2024
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29 November 2024 9:19 pm
US Dollar Stabilizes After Early Friday Weakness
The US Dollar Index (DXY) recovered from early Friday lows, trading near the 106.00 level. The index had dipped below this level as US markets opened on Black Friday after a holiday-shortened week.Key Factors Influencing the DXY:Hawkish Fed Stance: The Federal Reserve’s continued hawkish stance, signaling potential future rate hikes, …
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29 November 2024 7:36 pm
Gold Shines Amidst Geopolitical Turmoil, Economic Uncertainty
Gold prices have surged in recent weeks, driven by a confluence of factors including escalating geopolitical tensions, economic uncertainty, and a weakening US dollar. As investors seek safe-haven assets, gold has emerged as a preferred choice, reinforcing its traditional role as a hedge against inflation and market volatility.Geopolitical Tensions Fuel …
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29 November 2024 4:58 pm
Oil Prices Decline as Supply Concerns Ease and 2025 Outlook Weighs on Market Sentiment
Oil prices slid on Friday, marking a weekly drop of over 3%, as the easing of geopolitical tensions and expectations of increased supply in 2025 overshadowed ongoing production cuts by OPEC+. The market continues to grapple with mixed signals, balancing near-term output restrictions with forecasts of a supply surplus in …
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29 November 2024 12:43 pm
German Retail Sales Decline Sharply in October, Surpassing Expectations
German retail sales contracted by a larger-than-anticipated margin in October, highlighting ongoing consumer uncertainty amid challenging economic conditions. Monthly sales fell by 1.5%, significantly exceeding the 0.3% decline predicted by analysts polled by Reuters, according to data released on Friday by the German Federal Statistical Office. Mixed Sector Performance The …
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29 November 2024 11:29 am
Gold Prices Rally on Weak Dollar and Geopolitical Tensions
Gold prices edged higher in Asian trade on Friday, driven by a weaker dollar and heightened geopolitical tensions, as traders positioned themselves ahead of a potential December interest rate cut by the Federal Reserve. The precious metal, often viewed as a safe haven, regained some of the ground lost earlier …
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29 November 2024 8:39 am
Santa Rally, Market Outlook for December 2024 and Beyond
As the year draws to a close, investors are keenly watching for the much-anticipated “Santa rally,” a phenomenon where stock markets tend to rise during the final trading days of December and the first two trading days of January. Historically, this period has seen positive momentum, driven by factors such …
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29 November 2024 3:07 am
Market Drivers; US Session: Oil Rebounds, Gold Gains Amid Thanksgiving Holiday
Oil prices rebounded at the end of Thursday’s trading, benefiting from an exchange of accusations between Hezbollah and Israel over breaches of the ceasefire agreement reached in recent days.Geopolitical tensions and related concerns, particularly affecting financial markets and oil, escalated after Israeli tanks shelled areas in southern Lebanon on Thursday. …
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29 November 2024 2:47 am
Explainer: Key Economic Policies of Donald Trump
On January 20, 2025, President-elect Donald Trump will officially take office after winning the 2024 presidential election. This calls for a closer look at the key policies expected to be implemented by the Republican president upon assuming power. Trump’s policies primarily focus on imposing more protectionist measures, including tariffs on …
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29 November 2024 12:51 am
Canadian Dollar Benefits from Rising Oil Prices
On Thursday, the USD/CAD pair declined as the American currency pressured its Canadian counterpart, benefiting from the rise in global oil prices.The pair fell to 1.4015 compared to the previous day’s close of 1.4030. It reached its highest level on Thursday at 1.4031 and its lowest at 1.3998.Oil prices recovered …
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28 November 2024 10:01 pm
Euro Continues to Decline Ahead of European Inflation Data
The euro ended Thursday’s trading on a downward trend, affected by pressure from the rising US dollar and anticipation of eurozone inflation data, which is expected to shed more light on the European Central Bank’s future monetary policy path.The EUR/USD pair fell to 1.0551 compared to the previous day’s close …
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28 November 2024 8:56 pm
USD Registers Modest Gains On Thanksgiving Holiday
The US dollar continues to seek further gains during the Thanksgiving holiday, but it has not been able to achieve significant increases due to lower liquidity levels in the markets during the US market closure.The Dollar Index, which provides a clear picture of the US currency’s performance against a basket …
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28 November 2024 7:38 pm
US Considers Softer China Chip Curbs, Boosting Chip Stocks
Shares of key global semiconductor equipment manufacturers surged on Thursday following reports that the U.S. is considering a less stringent approach to its sanctions on China’s chip industry. This potential shift in policy has sparked optimism among industry players, particularly those heavily reliant on the Chinese market.Among the biggest beneficiaries …
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