Noor Trends News, Technical Analysis, Educational Tools and Recommendations
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 …
Read More »
9 June, 2025 4:26 pm
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
9 June, 2025 3:13 pm
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
9 June, 2025 1:15 pm
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
9 June, 2025 11:36 am
Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the…
9 June, 2025 10:59 am
Oil Prices Decline Amid Weak China Data, But Trade Talks Fuel Optimism for Future Demand
Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. However, …
9 June, 2025 1:47 am
Weekly Recap: Dollar Roars Back on Jobs Data Testing Euro’s Rally and Gold’s Resilience
Labour Market Powers Dollar Surge Robust U.S. jobs data for May 2025, with 139,000 jobs added, under…
5 June, 2025 11:49 pm
USD Faces Downside Risks as NFP Data Looms
The US dollar teeters near multi-month lows, trading around 98.5, as markets await the Nonfarm Payro…
5 June, 2025 8:06 pm
EUR/USD Retreats as ECB Signals Policy Pause
The EUR/USD pair recently pulled back from a multi-week high near 1.1500, trading at 1.143 with a mo…
5 June, 2025 12:56 pm
Oil Prices Slip as U.S. Fuel Stockpiles Rise, Saudi Price Cuts Add Pressure
Oil prices fell in Asian trade on Thursday, extending losses from the previous session as rising U.S…
5 June, 2025 1:07 am
The Euro’s Moment? Weak US Data and ECB Action Set the Stage
The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This shift c…
Market Analysis
November, 2024
-
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 …
Read More » -
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 …
Read More » -
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 …
Read More » -
28 November 2024 4:23 pm
European Stocks Rebound as Tech Leads the Recovery Amid Political and Economic Uncertainty
European shares staged a comeback on Thursday, buoyed by a strong performance in the tech sector, even as broader concerns about U.S. trade policy and France’s political instability lingered. Key Highlights Tech Sector Outperforms: The STOXX 600 index rose by 0.6% in early trading, led by the technology sector, which …
Read More » -
28 November 2024 2:55 pm
OPEC+ Prepares for December Meeting Amid Price Challenges
The OPEC+ coalition is set to convene virtually on December 5, marking its third consecutive online session. While in-person meetings were previously held at the Vienna headquarters, logistical and geopolitical factors seem to favor the virtual format. Key Highlights and Agenda Virtual Meeting Format: No formal invitations or plans for …
Read More » -
28 November 2024 1:33 pm
Currency Markets Steady Amid Mixed Global Developments
The U.S. dollar stabilized on Thursday as currency markets reacted to a series of global interest rate changes and economic data releases. Notable movements included the South Korean won softening after an unexpected rate cut and the Japanese yen positioning for its strongest week in three months. Key Currency Highlights …
Read More » -
28 November 2024 12:50 pm
Bitcoin Climbs as Optimism Grows Over Pro-Crypto Policies Under Trump Administration
Bitcoin extended its rally on Thursday, fueled by speculation that the incoming Trump administration will introduce more favorable cryptocurrency regulations. The cryptocurrency surged 3.1% to $95,645 by early trading hours, continuing its recovery toward the psychologically significant $100,000 milestone. Key Drivers Behind Bitcoin’s Rise Regulatory Shift to CFTC: Reports suggest …
Read More » -
28 November 2024 11:13 am
Gold Edges Lower Amid Inflation Concerns and Rate Cut Uncertainty
Gold prices faced slight declines during Thursday’s Asian trading session, reflecting market uncertainty over the Federal Reserve’s rate-cut trajectory. The robust U.S. economy and persistently high inflation have tempered expectations for aggressive monetary easing in the near future. Key Factors Driving Gold Prices U.S. Economic Data: The Personal Consumption Expenditures …
Read More » -
28 November 2024 4:04 am
Explainer: How has Energy Market React to EIA Report?
Natural Gas Futures Slip Amid Technical Weakness and Storage Concerns Natural gas futures declined on Wednesday as traders braced for the US Energy Information Administration’s (EIA) weekly storage report. While some market participants attributed the sell-off to changing weather patterns, technical weakness appears to be the primary driver.Technical AnalysisPrices struggled …
Read More » -
28 November 2024 3:38 am
Market Drivers; US Session: A Turbulent Week Across Global Markets
The global financial landscape experienced significant shifts this week, primarily driven by the weakening US Dollar and fluctuating commodity prices. The US Dollar Index (DXY) plummeted to multi-day lows, breaking below the crucial 106.00 support level. This decline was primarily attributed to a combination of factors, including a decrease in …
Read More » -
28 November 2024 2:46 am
XAU/USD Trades Higher Following GDP Data, But Weekly Loss Still Likely
The US economy continues to exhibit remarkable resilience, with the latest GDP figures confirming a robust growth trajectory. The Bureau of Economic Analysis reported a 2.8% expansion in the third quarter, a figure that aligns with the previous quarter’s growth rate. This sustained economic momentum, driven by consumer spending, is …
Read More » -
28 November 2024 1:06 am
Stock Market Rally Paused Amid Further Uncertainity
The recent market downturn, particularly evident in the tech-heavy Nasdaq, has sparked widespread concern among investors. This decline can be attributed to a confluence of factors, including persistent inflationary pressures, the Federal Reserve’s aggressive monetary policy, geopolitical tensions, and shifting investor sentiment.Inflationary Headwinds and Fed’s Tightening GripDespite the Federal Reserve’s …
Read More »