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 3 2024: Asian stocks pulled back from a 32-month high on Thursday, with Hong Kong’s Hang Seng index pausing after a rapid surge, while Japan’s Nikkei rallied on reduced prospects for further monetary tightening. The Hang Seng dropped 1.6%, contributing to a broader 1% decline in MSCI’s Asia-Pacific shares index outside Japan. The rally in…
Oct 3 2024: The U.S. dollar surged to a three-week high against the euro on Wednesday following a better-than-expected ADP national employment report, which revealed that U.S. private payrolls increased more than anticipated in September. This data comes ahead of Friday’s closely watched government jobs report. In September, private payrolls rose by 143,000 jobs, beating economists’…
Oct 3 2024: Oil prices climbed on Thursday as escalating conflict in the Middle East raised concerns about potential disruptions to crude flows from the key exporting region, though ample global supply tempered significant price increases. By 06:15 GMT, Brent crude futures increased by 94 cents (1.27%) to $74.84 a barrel, while U.S. West Texas Intermediate…
Oct 3 2024: Cathie Wood, the CEO of Ark Invest, recently shared her optimistic views on artificial intelligence (AI) and Bitcoin via social media platform X (formerly Twitter). Praising AI, Wood referred to it as “the most transformative technology in history,” highlighting its potential to catalyze innovation in fields like autonomous mobility and disease-curing multiomics sequencing.…
Oct 3 2024: European stock markets experienced a dip on Thursday as investor sentiment was dampened by escalating Middle East conflicts, while regional economic activity data awaited release. At 03:05 ET (07:05 GMT), Germany’s DAX index dropped 0.4%, and France’s CAC 40 declined 0.3%, though the U.K.’s FTSE 100 bucked the trend, gaining 0.3%. Middle East…
