Month: October 2022

Morgan Stanley on the benchmark US equity index ahead. Their tone is very cautious: Given the strong technical support just below current levels, the S&P 500 can continue to rally toward 4000 or 4150 in the absence of capitulation from companies on 2023 earnings guidance. Conversely, should interest rates remain sticky at current levels, all
Market picture Bitcoin remains near $19.3K, unchanged over the past 24 hours, remaining painfully immovable by cryptocurrency standards. Ethereum is adding 0.3% to $1347, while the entire crypto market is making minimal moves. Total crypto market capitalisation rose 0.15% overnight to $931bn, according to CoinMarketCap estimates. Although US stock indices overcame the initial decline on
The pair is keeping little changed on the day, sitting around 148.85 at the moment. For a pair that is caught in the midst of high volatility recently, the light movement today is reflecting a calmer tone as we look towards European trading. Even if they may deny it, the signs in the price action
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not