Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2025

• 3 January 2025 8:11 pm

  Bitcoin: A Geopolitical Asset Reshaping the Global Monetary Order

  

  In 2025, bitcoin has transcended its status as a niche investment to become a pivotal geopolitical asset. Governments and central banks worldwide, from the United States to Switzerland, are actively discussing its role in national reserves. This shift signifies bitcoin’s emergence as a formidable challenger to traditional reserve assets like …

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• 3 January 2025 7:11 pm

  US Manufacturing Sector Shows Signs of Stabilization

  

  The US manufacturing sector exhibited signs of stabilization in December, as the Institute for Supply Management (ISM) Manufacturing PMI rose to 49.3, surpassing the expected reading of 48.4. While still in contraction territory (a reading below 50 indicates contraction), this slight improvement suggests a moderation in the pace of decline.However, …

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• 3 January 2025 5:52 pm

  Dollar Dips But Stays Near Two-Year High Amid Growth Concerns and Global Woes

  

  The U.S. dollar remained close to a two-year high on Friday, despite a slight dip, driven by investor expectations that the growth gap between the U.S. and other economies will continue to widen. Meanwhile, Chinese blue chips experienced their largest weekly decline since 2022, adding to global economic concerns. Dollar …

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• 3 January 2025 4:38 pm

  Oil Prices Steady Amid Weekly Gains, Weather, and Stimulus Expectations

  

  Oil prices remained stable on Friday, with both Brent crude and U.S. West Texas Intermediate (WTI) poised for significant weekly gains. This momentum follows Thursday’s close, which marked the highest levels in over two months for both benchmarks, supported by colder weather in Europe and the U.S., as well as …

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• 3 January 2025 2:42 pm

  European Stocks Decline Amid Focus on Economic Data and U.S. Policy Uncertainty

  

  European markets closed the week on a cautious note, with the pan-European STOXX 600 index slipping 0.2% by 09:22 GMT. Despite the decline, the index remains poised for a 0.7% weekly gain, as light trading activity marked the return of investors from New Year holidays. In country-specific moves, Swiss stocks …

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• 3 January 2025 12:34 am

  Market Drivers; US Session: King USD Rallies Near 2022’s Highs

  

  On the first day of trading in 2025, the US dollar surged to the top of the forex pile as wider markets continue to place a strong bet on the safe haven currency. In a world of unstable economic conditions, traders may not be the largest supporters of the US …

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• 3 January 2025 12:13 am

  A Murky Start to 2025: Dow Jones Stumbles Despite Jobless Claims Decline

  

  The Dow Jones Industrial Average stumbled out of the gate in 2025, delivering a lackluster performance on the first trading day of the year. Despite a decline in US Initial Jobless Claims, which typically signals a healthy labor market, the index failed to sustain early gains, ultimately ending the day …

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• 2 January 2025 11:57 pm

  Mix of Progress After Grim Year of Uncertainty in the US Energy Sector

  

  The U.S. oil and gas sector is at a crossroads. While recent data points to a modest improvement in business activity, a closer look reveals a complex and nuanced picture. The Dallas Fed Energy Survey, for instance, indicated a slight uptick in the company outlook index, suggesting a cautiously optimistic …

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• 2 January 2025 11:02 pm

  USD/JPY Forecast: Bullish Momentum Gains Traction

  

  The USD/JPY currency pair surged towards its December high, driven by a confluence of factors. Expectations of a prolonged period of higher interest rates in the United States, fueled by the potential for a Trump presidency, underpinned the US Dollar. The Federal Reserve, in its December statement, signaled a more …

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• 2 January 2025 10:04 pm

  Loonie Lags Despite PMI Beat, Eyes US Data for Direction

  

  The Canadian Dollar (CAD) remained subdued against the US Dollar on Thursday, struggling to gain traction despite a modestly better-than-expected Manufacturing PMI reading. While the data provided a brief respite from the recent bearish trend, the Loonie remains vulnerable to further downside pressure amidst a broadly stronger US Dollar.The December …

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• 2 January 2025 9:08 pm

  Cryptocurrencies Surge to Start 2025, Buoyed by Renewed Investor Optimism

  

  The cryptocurrency market has kicked off the new year with a strong rebound, recovering from recent losses as investor confidence returns. Bitcoin, the leading cryptocurrency, saw a significant surge on Thursday, gaining 3% to reach $97,426.02, bringing its year-to-date gains to approximately 4%.This positive momentum extended across the broader crypto …

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• 2 January 2025 8:17 pm

  Euro Retreats to Two-Year Low Amidst Economic Growth Concerns

  

  The Euro experienced a significant decline on Thursday, falling below 1.0250 against the US Dollar. This marks the lowest level for the currency pair in two years, raising concerns about the Euro’s weakening trajectory.The decline follows the release of disappointing European Manufacturing Purchasing Managers’ Index (PMI) data. The PMI unexpectedly …

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• 2 January 2025 7:12 pm

  Pound Sterling Plunges as UK Manufacturing Slumps and Fed Hints at Fewer Cuts

  

  The British Pound Sterling (GBP) plummeted against the US Dollar (USD) on Thursday, hitting an eight-month low near 1.2440. At the time of writing, the GBP/USD pair is down -1.01%; trading at 1.238. This sharp decline was driven by a confluence of factors:Weakening UK Manufacturing: The final S&P Global/CIPS Manufacturing …

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