Forex News
Are you looking to speculate that the Euro (EUR) currency will go up in value against the U.S. Dollar (USD)? To do so, you would trade (or place a spread bet on) the EUR/USD currency pair, which is a forex investment. The forex market is the largest and most liquid market in the world, representing every global currency with trading conducted 24 hours a day, five days a week.
To trade forex, you need a reputable online broker. Trading with a trusted forex broker is a crucial factor for success in international currency markets. As a contract for difference (CFD) trader or forex investor, you may have specific needs related to which platform, trading tools, or research requirements you have. Understanding more about your investment style needs can help determine which forex broker will be best for you.
Each year, our team here at ForexBrokers.com spends five months testing the biggest names in foreign exchange and assembles a guide to the best forex brokers for forex and CFDs trading. Here are our findings for 2023.
Jan 6 2025: Indonesia officially launched its ambitious free meal program on Monday, with the initiative providing meals to 570,000 people on its first day. Spearheaded by President Prabowo Subianto, the program aims to address child malnutrition and stimulate regional economic growth by eventually feeding over 83 million Indonesians, nearly a third of the country’s population,…
Jan 6 2025: The dollar eased slightly on Monday but remained near a two-year high as markets awaited U.S. economic data, including December’s nonfarm payrolls report, for insights into the Federal Reserve’s interest rate plans. The Canadian dollar gained 0.36% against the U.S. dollar to C$1.4395 following reports suggesting Canadian Prime Minister Justin Trudeau may announce…
Jan 6 2025: Gold prices edged lower in Asian trading on Monday, pressured by a stronger dollar amid expectations that the Federal Reserve will adopt a slower pace of monetary easing in 2025. The yellow metal has faced consistent selling pressure since late December, following the Fed’s indication of a cautious rate-cutting approach next year. By…
Jan 6 2025: Bitcoin extended its winning streak to a seventh consecutive session on Monday, recovering from a year-end downturn as investors await clarity on U.S. crypto regulations ahead of President-elect Donald Trump’s inauguration. By 01:35 ET (06:35 GMT), Bitcoin had gained 1.1%, trading at $99,513.7. Over the past week, the cryptocurrency has appreciated by 6%.…
Jan 6 2025: Taiwanese stocks edged higher on Monday, buoyed by strong performances in the Computers & Peripherals, Oil, Gas & Electricity, and Semiconductor sectors. The Taiwan Weighted Index rose by 0.33% at the close. Top Performers: Global Brands Manufacture Ltd (TW:6191): Surged 9.97%, adding 6.30 points to close at 69.50. Universal Inc (TW:1325): Climbed 9.90%,…
