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Daily FX Analysis - EUR/USD, GBP/USD, USD/JPY - Capital Street FX

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  Introduction EUR/USD holds firm around 1.0900 in the Asian session, retracing slightly from its six-week peak of 1.0915 after dovish comments by Fed Chair Jerome Powell. The pair breached the crucial 1.0900 level, reaching multi-week highs amid increased selling pressure on the US Dollar. Meanwhile, GBP/USD maintains strength below 1.2750, buoyed by a weakened US Dollar and positive news from the UK Spring Budget. Japanese Yen rallies to 148.00 against USD as Bank of Japan officials raise rate hike expectations, while USD/CHF hovers above 0.8800, influenced by speculation of a Fed rate cut in June. Markets In Focus Today – EUR/USD EUR/USD Holds Steady Near 1.0900 Ahead Of The ECB Interest Rate Decision. EUR/USD remains steady around 1.0900 during the Asian session on Thursday, retracing slightly from its six-week high of 1.0915 reached in the prior session following dovish remarks by Fed Chair Jerome Powell during his testimony before the House Financial Services Committee. Final...

Which is better, the stock market or Forex? - Capital Street FX

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  The  stock market  and forex are two popular investment options available for traders looking to earn profits by investing in financial assets. Both the stock market and forex have their unique advantages and disadvantages, making it difficult to determine which is better. In this article, we’ll explore the differences between the stock market and forex and why the Capital Street FX advantage is worth considering. STOCK MARKET The stock market refers to a collection of public markets where investors can buy and sell shares of publicly traded companies. When you invest in the stock market, you’re essentially buying a piece of a company’s ownership. Your profit or loss is based on the company’s performance and the demand for its shares. One of the advantages of the stock market is that it provides a way to diversify your portfolio. By investing in a variety of companies, you spread your risk, which can help you minimize potential losses. Additionally, the stock market pro...