Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2022

• 25 January 2022 4:39 am

  Market Drivers – US Session – 24 January

  

  Markets were ghosted by a wave of risk aversion on Monday, only safe-havens benefitted but risk-sensitive currencies were hurt, though the latter group had pared back on much of their earlier underperformance by the end of US trading session as risk appetite recovered.The US dollar was the safe haven of …

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• 25 January 2022 3:45 am

  Bitcoin Bounces Back After Falling Below $33,000

  

  Bitcoin rallied on Monday afternoon, trading above $37,000, after falling to a seven-month low in the morning, as the cryptocurrency moved in lockstep with a swift rally in risk assets.Bitcoin was trading at $36,800 at 5 p.m., up, 4.7% on the day. In the morning, it traded below $33,000 for …

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• 25 January 2022 3:34 am

  Oil falls 2% as Fed rate hike talk ghosts risk markets

  

  At the time of writing, WTI picks up bids towards $84.00, extending the late Monday’s recovery during the initial Asian session on Tuesday. The oil benchmark’s latest recovery takes clues from a bullish Doji candlestick and Momentum line. Oil prices fell about 2% on Monday, hit by investor concerns over …

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• 25 January 2022 3:20 am

  US inflation expectations extend bounce off four-month low

  

  US inflation expectations, as measured by the 10-year breakeven inflation rate according to the St. Louis Federal Reserve data, rose for the second consecutive day to 2.38% by the end of Monday’s North American session.The inflation gauge extends rebound from a four-month low flashed last week ahead of the key …

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• 25 January 2022 3:06 am

  AUD/USD Rebounds Ahead of Australia inflation Data

  

  The AUD/USD has held onto the corrective pullback from more than a month’s low around 0.7140, after two successive trading days of risk aversion.The recovery moves could be linked to the consolidation of losses by the risk-sensitive assets while the Aussie pair particularly awaits key inflation data during early Tuesday …

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• 25 January 2022 2:05 am

  Risk-Sensitive Currencies Survive Market Mood

  

  Markets were hit by a wave of risk aversion on Monday, benefitting the safe-havens and hurting the risk-sensitive currencies, though the latter group had pared back on much of their earlier underperformance by the end of US trade as risk appetite recovered.Market commentators said that geopolitical concerns about the rising …

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• 25 January 2022 1:47 am

  GBP/JPY Steadies Amid Downbeat Market Sentiment

  

  In the New York session, the British pound slides against the safe-haven status of the Japanese yen. The GBP/JPY is trading at 153.64, down 0.27% and the GBP/JPY began in the right foot in the overnight session, though subdued around the daily highs at 154.50. Nevertheless, as the market mood …

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• 25 January 2022 1:31 am

  Why Might Fed’s Meeting Shock Financial Markets?

  

  Since 13-14 December meeting, financial markets have been nicely cooperating with the Federal Reserve’s efforts to restrain inflation. They are doing the Fed’s work for it by creating tighter financial conditions and exhibit no panic.But as the US central bank’s policymakers meet on Tuesday, an underlying question they face is …

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• 25 January 2022 12:32 am

  Can Fed’s Policy Meeting Really Deter Inflation?

  

  Jerome Powell’s predecessors Ben Bernanke, Alan Greenspan, and Paul Volcker were first appointed by a president from one party, then reappointed by a president from the other, similarly Powell himself was first nominated to the Fed’s board of governors by President Barak Obama, he was elevated to Federal Open Market …

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• 24 January 2022 10:16 pm

  USD/CAD Rallies Amid Broad Risk Asset Retreat

  

  Having started the day closer to 1.2550, and being on course to post on-the-day gains of about 1.0%, the USD/CAD pair is currently penetrating the 1.2700 level having rallied from the mid-1.2500s on Monday amid widespread losses for risk assets m meanwhile, safe-haven demand amid geopolitical tensions and amid pre-Fed …

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• 24 January 2022 9:34 pm

  US Equities Hit lowest Level Since July

  

  US equity markets are trading sharply lower on Monday, with the S&P 500 index on course to confirm a correction, a close of more than 10% below the recent highs printed back in the first week of 2022. The index slumped below the 4300 level on Monday, to hit its …

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• 24 January 2022 8:54 pm

  The US Dollar Benefits From Russian-Ukrainian Tensions

  

  The US dollar has continued to rise since the beginning of Monday’s trading session, benefiting from the deterioration in risk appetite in global financial markets due to the Russian-Ukrainian tensions.The dollar index, which measures the performance of the US currency against a basket of major currencies, rose to 96.02 points, …

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• 24 January 2022 8:24 pm

  EUR/USD Rebounds From Two-Week Lows

  

  The EUR/USD pair has dropped to 1.1289, reaching lowest level since 10 January and then rebounded. It is back above 1.1320, still in negative territory but off lows and back above the critical 1.1300 area.If the pair manages to remain above 1.1300 it could remain in the current range with …

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