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.
July 26 2024: investors, rattled by recent market turbulence, are preparing for a critical week ahead with earnings reports from major tech companies, a Federal Reserve policy meeting, and important employment data. These events could significantly influence the short-term trajectory of U.S. stocks following a period of severe volatility. A months-long rally in large tech stocks…
July 26 2024: The U.S. dollar remained steady in early European trade on Friday ahead of the release of key inflation data. Meanwhile, the euro edged higher, and the Japanese yen slipped slightly but stayed on track for its strongest week in three months. At 04:00 ET (09:00 GMT), the Dollar Index, which measures the greenback…
July 26 2024: Gold prices increased in Asian trading on Friday but continued to suffer steep weekly losses as traders leaned towards the dollar, anticipating more interest rate cues in the coming days. After hitting record highs in July, the yellow metal experienced a significant drop due to profit-taking and market volatility. Spot gold rose 0.3%…
July 26 2024: On Friday, Bitcoin’s price rose, recovering some of the week’s earlier losses as the crypto market anticipated a speech by Republican presidential nominee Donald Trump at the upcoming Bitcoin Conference. The world’s largest cryptocurrency increased by 4.2% over the past 24 hours, reaching $67,006.2 by 02:07 ET (06:07 GMT), bouncing back from a…
July 26 2024: On Friday, German truckmaker Traton, which is majority-owned by Volkswagen (ETR), reported a 7% increase in first-half operating profit, driven by higher prices despite sluggish demand in Europe. The company’s operating profit climbed to 2.1 billion euros ($2.3 billion), with sales revenue rising by 2% to 23.4 billion euros, even though unit sales…
