The British Telegraph newspaper reported that Prime Minister Boris Johnson will encourage Britons to return to work from home if possible to help contain the outbreak of the Coronavirus. The newspaper’s chief political correspondent said in a tweet on Twitter, citing sources, that Johnson told lawmakers that “moving now means …
Read More »Dow Jones Pulls Back From Record High as Tech Selloff and Rising Oil Prices Rattle Markets
The Dow Jones Industrial Average briefly reached a new all-time high on Tuesday before giving up its…
Gold Rebounds as Central Bank Buying Strengthens Long-Term Support
Gold prices recovered on Tuesday after an early decline, with the precious metal regaining momentum …
AI Chip Rally Returns as Oil Prices Retreat: Can the Technology Boom Keep Driving Global Markets?
Semiconductor Stocks Regain Momentum After a Brief PullbackTechnology shares bounced back strongly a…
Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action
The Japanese Yen came under renewed selling pressure at the start of the week, pushing the US Dollar…
A New Trading Week: Why Are Markets on Edge?
The trading week of July 6–10, 2026 is shaping up to be one of the most complex of the summer, combi…
June ISM Services PMI Points to Cooling Business Activity in the US
The US services sector continued to expand in June, although growth eased slightly from the previous…
Dollar’s Cautious Climb Signals Bigger Moves Ahead as Fed Decision Looms
The US dollar is edging higher today, posting modest gains that reflect a mood of cautious optimism …
Oil Prices Rise as Weak US Jobs Data and Middle East Tensions Boost Market Sentiment
Crude Oil Rebounds as Dollar WeakensOil prices moved higher on Friday, recovering part of their rece…
Euro Struggles to Build Momentum as Markets Reassess Fed and ECB Rate Outlook
The euro posted modest gains against the US dollar on Friday but struggled to extend its advance as …
Market Analysis
September, 2020
-
22 September 2020 10:45 am
Gold Rises And New Isolation Measures Overshadow The Dollar’s Strength
Gold rose within a narrow range Tuesday, September 22nd, as fears of a surge in COVID-19 cases across Europe addressed the pressure of the dollar’s strength on the precious metal, ahead of words for decision-makers in the US Federal Reserve this week. Gold rose in the spot market 0.1% to …
Read More » -
22 September 2020 1:59 am
Dow Closes Lower by 510 Points
The New York Stock Exchange (NYSE) closed Monday lower, amid risk aversion by investors and selling pressures. The Dow Jones Industrial Average plunged by about 510 points, or 1.84%, and closed at 27,147.70 points. The S&P 500 index closed lower by 38.41 points, or 1.16%, at 3,281.06 points. Meanwhile, the …
Read More » -
22 September 2020 1:50 am
US Treasury Yields Decline Amid Increased Demand
US Treasury yields declined on Monday, as risk aversion and selling pressures in stock markets led more investors towards safe havens, thus, increasing demand. Return on the 10-year Treasury notes decreased by 2.4 basis points to 0.670%. The yield on the 30-year bond plunged by 2.7 basis points to 1.426%. …
Read More » -
22 September 2020 12:43 am
Oil Prices Close Lower by 4%
Oil prices declined on Monday, amid a negative outlook for global and European demand with the rising number of COVID-19 cases, as well as anticipation for the resumption of crude production and exporting in Libya. Brent crude futures for November delivery dropped by $1.71, or 4%, and closed at $41.44 …
Read More » -
22 September 2020 12:35 am
Gold Closes at Lowest Level in Two Months
Despite a decline in risk appetite among investors, gold prices plunged on Monday as the US Dollar (USD) registered large gains. Gold futures for December delivery decreased by $51.50, or 2.6%, and settled at $1,910.60 per ounce. Earlier today, the yellow metal futures were trading below $1,889 an ounce. This …
Read More » -
22 September 2020 12:06 am
NZD/USD Erases Last Week Gains Below 0.6666
The New Zealand Dollar (NZD) registered huge losses on Monday, as the US Dollar (USD) rebounded with large gains and investors showing increased risk avoidance. After rising to its higher level in a year and a half by the end of last week, the NZD/USD pair erased its gains earlier …
Read More » -
21 September 2020 11:44 pm
AUD/USD Drops Sharply with Selling Pressures
The Australian Dollar (AUD) fell on Monday against the US Dollar (USD), mainly due to the rise of the latter and risk avoidance by investors. The AUD/USD is close to finishing the first session of the week down by 0.95% for the day at 0.7220. Earlier today, the pair reached …
Read More » -
21 September 2020 11:07 pm
European Stocks Register Large Losses
European stocks finished the first session of the week lower, amid concerns over a second wave of the Coronavirus (COVID-19) pandemic across many European countries, as well as the banking sector facing serious legal allegations. The Stoxx Europe 600 index fell by 3.35% and closed Monday at 356.43 points. The …
Read More » -
21 September 2020 10:23 pm
Fed’s Kaplan Expects Unemployment Below 4% by 2023
Interest rates in the United States are expected to remain near 0% for the next two or three years, President of the Federal Reserve Bank of Dallas Robert Kaplan said on Monday in a TV interview with Bloomberg. Kaplan further expects that unemployment rate would reach 4% or 3.5% by …
Read More » -
21 September 2020 8:09 pm
Dollar Opens Week with Strong Gains
The US Dollar (USD) is showing a strong performance against major currencies on Monday. The Dollar index (DXY), which measures the USD performance against a basket of six international currencies, is up for the day by 0.85% at 93.72 points. The index has been moving between 92.75 and 93.78, mostly …
Read More » -
21 September 2020 7:22 pm
Euro Declines Amid Renewed COVID-19 Fears
The Euro (EUR) is declining against the US Dollar (USD) on Monday, with increasing concerns about the Coronavirus (COVID-19) pandemic leaving their toll on the European currency. The EUR/USD is trading lower for the day by 0.84% at 1.1741. The pair has been moving in a range between 1.1732 and …
Read More » -
21 September 2020 6:44 pm
Federal Reserve to Update Banking Rules
The Federal Reserve began on Monday updating community-lending standards for banks operating in the United States, Reuters reported. The Fed is reportedly asking for input and feedback for potential rule changes.
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations