4 Global Market Updates- 17 October, 2022
In this article, we have covered the highlights of global market news about the GBP/USD, EUR/USD, USD/CNH and USD/CAD. GBP/USD is unlikely to rise even if the next Chancellor restores confidence - SocGen Today's economic policy announcement will come from the new Chancellor, Jeremy Hunt.…
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What is a Margin Call in Forex, and How Can You Avoid One?
MARGIN CALLS IN FOREX TRADING - MAIN TALKING POINTS: A brief overview of margin and leverage Margin call causes Procedure for margin calls How to prevent margin calls In forex, traders would do everything to avoid a margin call. Therefore,…
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Bitcoin and Ethereum Price Predictions for the Week Ahead
Bitcoin is dipping following a strong surge on Thursday, and the Fib support level is being examined. Ethereum's price has found support around $1200 but is still restricted. The macroeconomic environment continues to push pricing. Bitcoin and Ethereum Forecast: Neutral…
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USD/CAD rebounds from daily low and finds support at 1.3700
The intraday USD/CAD rebound from the 1.3700 support area is minimal. Fed rate rise wagers that are taken aggressively boost the USD demand and serve as a tailwind. Low oil prices have little impact on the Canadian dollar or give…
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What is Earnings Season and What to Expect?
The earnings season offers wonderful opportunities for equities traders to learn more about the firms they have invested in and to put prospective share price movements into perspective. Continue reading to learn more about the earnings season, important dates for…
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