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Top 10 Best Brokers for Forex Trading: Why Capital Street FX Stands Out

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  Top 10 Best Brokers for Forex Trading In the ever-evolving world of forex trading, finding the right broker is crucial. The right broker not only facilitates your trades but also provides the tools, insights, and support needed to succeed in this fast-paced market. Among the many brokers available today,  Capital Street FX  (also known as  CSFX ) emerges as a top choice for traders globally. In this article, we’ll explore the  Top 10 best brokers for forex trading , with a particular focus on why  Capital Street FX  is better than other forex brokers, including its lucrative  900% deposit bonus . Capital Street FX: Leading the Forex Trading Market Capital Street FX  is not just another name in the crowded forex market. With its roots deeply embedded in offering superior trading conditions,  Capital Street FX  has become synonymous with reliability, innovation, and customer satisfaction. Let’s delve into the factors that make ...

Natural Gas Maintains Large June Gain as Storage Data Release Approaches

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  As Another Storage Data Release Approaches, Natural Gas Maintains Its Large June Gain. Introduction In recent times, natural gas futures on the Henry Hub of the New York Mercantile Exchange have experienced significant gains. As another storage data release approaches, the market is eagerly anticipating the results. This article delves into the current state of natural gas, highlighting its performance in June and the factors influencing its prices. June Gains And Historical Context Gas futures on the Henry Hub have had a remarkable month, poised to achieve their highest performance since August. Back then, they reached a 14-year high of $10 per MMBtu (metric million British thermal units), recording a gain of approximately 15%. This surge in prices has caught the attention of market participants, who are beginning to recognize that higher price lows may be more prevalent moving forward. Price Fluctuations And Summer Heat Despite the absence of scorching summer temperatures acros...

GBP/USD rises above 1.2400 amid weak market - Capital Street FX

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  AS THE USD LOSES MOMENTUM ON EASTER MONDAY, THE GBP/USD CROSSES ABOVE 1.2400 . FUNDAMENTAL OVERVIEW With a rise above 1.2400, the GBP/USD pair has reversed the prior week’s decline from 10-month highs. Despite an overall cautious attitude and hawkish Fed predictions, the US dollar is declining across the board. Easter Monday is a holiday, causing the market’s weak conditions to worsen. GBP/USD has been able to launch a comeback early on Monday after closing in the red on Friday. On Easter Monday, the pair seems to have stabilized above 1.2400, although it is likely to oscillate in a narrow range amidst muted market activity. In contrast to the market expectation of 240,000, the US Bureau of Labor Statistics said on Friday that Nonfarm Payrolls (NFP) climbed by 236,000 in the US in March. The Labor Force Participation Rate increased to 62.6% from 62.5%, and the Unemployment Rate decreased to 3.5% from 3.6%. Additionally, the average hourly earnings, which serve as a proxy for annu...

TRON Cryptocurrency Surges with USDD Launch - 10 April 2023

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  TRON (TRX) CRYPTOCURRENCY SURGES PRIOR TO THE LAUNCH OF USDD TOMORROW . TRON (TRX) cryptocurrency is outperforming most other cryptocurrencies, including Bitcoin, with a 10% increase in value since yesterday and nearly 25% over the past week. It has also entered the Top 20 most crucial cryptocurrencies, currently ranked 20th. The main reason behind this surge is the upcoming launch of the USDD or “Decentralized USD,” which claims to be the “most decentralized stablecoin in human history” and will be launched on the TRON network tomorrow. Additionally, TRON plans to create a decentralized reserve, generating hype and benefiting the cryptocurrency. On the technical side, TRON’s chart shows a positive signal today as it crossed its 200-day moving average, which it has been below since the end of 2021. The MM200 days are the first support near the current price of $0.07616. The first resistance zone to consider is the psychological threshold of $0.08000 coupled with the March 31 high...

EUR/USD facing downward pressure amid recession fears - Capital Street FX

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  RECESSION CONCERNS DRIVE EUR/USD CLOSER TO 1.0860 SUPPORT DESPITE THE SHIFT TOWARDS . The EUR/USD pair has been facing downward pressure after retracing from its two-month high on Tuesday. This could be attributed to the US Dollar’s corrective bounce, as investors turn to safe-haven assets due to recession fears and geopolitical tensions. However, the pair’s losses are being limited by weak US economic data and the European Central Bank’s comparatively hawkish stance. The US Dollar Index has rebounded from a two-month low, up 0.12% intraday, as investors seek refuge in the greenback amidst economic concerns and geopolitical risks stemming from China and North Korea. The S&P 500 Futures have declined for three consecutive days, while the US Treasury bond yields remain near their multi-day lows. The market’s consolidation amid the holiday mood could also lead to intraday bearish sentiment for the EUR/USD pair, with the key event to reject the bullish bias being the US Nonfarm P...

Analysts examine what next after the FOMC as the S&P 500.

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                                      ANALYSTS EXAMINE WHAT IS NEXT AFTER THE FOMC AS THE S&P 500 AND NASDAQ CONTINUE TO RISE. As expected, the U.S. Federal Reserve increased its benchmark interest rate by 25 basis points at its first meeting of the year. By delivering a 25bps hike, the Fed slowed the pace of rate hikes after it hiked by 50bps in December and by 75bps at each of its previous four meetings. Still, stocks rallied in the aftermath of the FOMC as Fed Chair Powell said that the central bank is seeing signs of falling inflation. “We can now say, I think for the first time, that the disinflationary process has started,” Mr. Powell said at a press conference following the central bank’s meeting. Although Powell also said that monetary policy is still not “sufficiently restrictive,” markets heard enough to go into a risk-on setup, allowing tech stocks to lead the charge. Better-tha...

Cardano (ADA) Update: Overvalued Despite the 90% Crash. - CapitalStreet FX

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  CARDANO’S PRICE ROSE 2.29% AT $0.2533 ON FRIDAY. Cardano (ADA) creator and Ethereum (ETH) co-founder Charles Hoskinson claims that he detected “rumors” concerning the safety and Exchange Commission (SEC) vs Ripple case can public conclude on Dec. 15, with unfortunate consequences for the crypto business. During a “surprise” solicit from me something (AMA) session streamed on Dec. 11, Hoskinson same that he had “rumors that the Ripple case is settled Gregorian calendar month fifteen, which might have ruinous implications for the business a method or the opposite.” He prompts that the cryptocurrency house might attempt to create its stand against the regulator’s decision: The report follows Ripple Labs filing its final submission in its current legal battle against the U.S. Securities and Exchange Commission. The legal battle — which started at the tip of 2020 — was initiated by the regulator WHO argued that Ripple offered unregistered securities through its XRP sale Read More