Noor Trends News, Technical Analysis, Educational Tools and Recommendations

March, 2022

• 14 March 2022 8:29 pm

  EUR/USD Rebounds, Approaches 1.1000

  

  The EUR/USD pair has found support above 1.0930 and climbed back toward the daily high it hit on European hours at 1.0989, boosted by a stronger euro and a mixed US dollar.The key driver of price action continues to be the war in Ukraine. Volatility remains higher, even among currencies. …

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• 14 March 2022 8:10 pm

  Gold Consolidating Losses Around USD 1,950

  

  Market players are focused on the latest on the Russia-Ukraine crisis. The US Federal Reserve is set to raise rates next Wednesday, but for how much.The Gold Index XAU/USD is trading at the lower end of its latest range and is poised to extend its slump. US traders hold on …

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• 14 March 2022 7:48 pm

  S&P 500 Advances 0.9% On Early Trading Amid Milder Risk-on

  

  Wall Street advances on Monday amid an improved market sentiment. Hopes of progress in the Ukraine-Russia talks have lifted appetite for risk. Banks are leading gains as major central banks hint to higher rates.US markets have opened the week on a moderately positive tone, following the trend observed in Europe. …

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• 14 March 2022 6:37 pm

  Market Drivers – European Session 14-3-2022

  

  Ukrainian President Volodymyr Zelenskyy will address the US Congress at 1300 GMT on Wednesday, March 16, US Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi announced in a joint statement on Monday. A Ukrainian negotiator said on Monday that official talks with Russia had been paused until Tuesday, as …

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• 14 March 2022 5:23 pm

  Palladium Falls More Than 10% as Fears of Shortage of Supplies Ease, And Gold Falls 1%

  

  Palladium fell more than ten percent on Monday, snapping most of the gains that had led to record levels during the Ukraine crisis, as supply concerns eased. Gold also fell more than one percent on cautious hopes for progress in peace talks. And palladium, of which Russia is the largest …

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• 14 March 2022 4:32 pm

  Analysts: Russia is gradually resuming wheat exports from its ports on the Black Sea

  

  Analysts said on Monday that Russia has gradually begun to resume wheat exports from its Black Sea ports, although shipping traffic in the Sea of ​​Azov is still restricted. Russia began invading Ukraine on February 24 in what it describes as a “special military operation”. The price of Russian wheat …

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• 14 March 2022 3:14 pm

  Deutsche Bank Changes Its Decision And Ends Its Business in Russia

  

  Deutsche Bank said on Friday it was winding down its operations in Russia, a day after its chief financial officer said it was not “practical” to close the unit. The move by Deutsche Bank, Germany’s largest bank by assets, followed the announcements on Thursday that rival investment banks Goldman Sachs …

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• 14 March 2022 2:20 pm

  European Stocks Continue Their Gains

  

  European shares rose on Monday after investors pinned their hopes on Ukrainian-Russian diplomatic efforts to end the weeks-long war, while Volkswagen rose after its operating profit doubled. The pan-European STOXX 600 index rose 1 percent, extending gains made on Friday after Russian President Vladimir Putin signaled a positive turn in …

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• 14 March 2022 1:38 pm

  Oil falls with talks to end the war in Ukraine and before the Fed meeting

  

  Oil prices fell by as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war in Ukraine intensified and markets prepared for a US interest rate hike. Oil prices fell more than 5% on Monday to their lowest levels in nearly two …

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• 14 March 2022 12:58 pm

  Zelensky: Ukraine will insist in talks with Russia

  

  Ukrainian President Volodymyr Zelensky said late Sunday, March 13 that Ukrainian officials negotiating with their Russian counterparts will insist on direct talks between the two countries leaders that would lead to peace. The next round of talks on the war in Ukraine between the two neighbors is scheduled to be …

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• 14 March 2022 12:35 pm

  US Dollar Surges Over Putin’s Positive Comment On Peace Talks

  

  The US dollar edged higher on Friday while other safe-haven and commodity-linked currencies declined, after Russian President Vladimir Putin said there had been some progress in talks between Moscow and Ukraine.Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko that there had been “certain positive shifts” in negotiations …

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• 14 March 2022 11:44 am

  Russia Says it Will Pay Off Its Foreign Debt in Russian Rubles Due to Sanctions

  

  Russia’s Finance Ministry said on Monday it had approved a temporary measure to pay off debts in foreign currency, but warned that payments would be made in rubles if sanctions prevented banks from honoring their debts in the issuance currency. The ministry added in a statement that Russia has sufficient …

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• 14 March 2022 11:05 am

  Gasoline Prices Fell in US After A Record High Last Week

  

  Gasoline prices at US gas stations fell over the weekend after hitting an all-time high last week following the Russian invasion of Ukraine. On Sunday, retail gasoline prices fell for the second day in a row, to $4,325 per gallon, below the record high of $4,331 set on Friday, according …

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