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.
Oct 17 2024: Vietnam remains on track to achieve its economic growth target for the year, despite the significant damage caused by Typhoon Yagi, according to Deputy Governor Dao Minh Tu of the State Bank of Vietnam (SBV). During a media briefing on Thursday, Tu emphasized that business and manufacturing activities are rebounding from the typhoon’s…
Oct 17 2024: The U.S. dollar strengthened on Wednesday, reaching an 11-week high as investors dismissed the likelihood of a significant interest rate cut by the Federal Reserve and priced in the potential for former President Donald Trump to win the upcoming election. Meanwhile, the British pound fell to a two-month low after weaker-than-expected inflation data…
Oct 17 2024: Bank of America analysts suggested on Thursday that gold is becoming a more appealing safe-haven investment compared to government bonds, citing fiscal concerns and global economic factors. Traditionally, falling real interest rates boost gold prices, but BofA observes that “higher rates do not necessarily pressure gold,” signaling a shift in the metal’s response…
Oct 17 2024: Bitcoin’s price climbed on Thursday, nearing a three-month high as speculation over a potential second Trump presidency, favorable regulations, and improved capital inflows fueled the cryptocurrency market throughout the week. By 01:05 ET (05:05 GMT), Bitcoin had risen 0.5% to $67,328.4, after briefly surpassing the $68,000 mark earlier in the week. This marked…
Oct 17 2024: Texas Capital Bancshares, Inc. (NASDAQ: TCBI) reported stronger-than-expected third quarter earnings on Thursday, leading to a 1.5% increase in after-hours trading. The Dallas-based financial institution announced adjusted earnings per share of $1.60, far exceeding analyst predictions of a $1.97 loss per share. Although revenue came in at $125.33 million, below the anticipated $279.69…
