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 23, 2023: China’s move on Friday to curb exports of graphite, a key electric vehicle battery material, will only accelerate efforts to develop alternative sources and materials, but that will take time, industry executives and analysts said. China, the world’s largest graphite producer and exporter, will require export permits as of Dec. 1 for…
Oct 20, 2023: has stood out not just as a platform but also as an asset with considerable price dynamics. Analyzing the Ethereum/USDT daily chart from Kraken, there is a pattern brewing that may provide a silver lining for ETH enthusiasts: the potential formation of a “higher low” pattern. The “higher low” pattern, for those…
Oct 20, 2023: The global bond market is experiencing a significant sell-off, rattling investors who had heavily invested in fixed-income assets throughout 2023. This turmoil briefly paused during the Israel-Hamas conflict but quickly resumed. The 10-year US Treasury note yield has risen to around 5%, a level not seen since before the global financial crisis,…
Oct 20, 2023: British retail sales fell more than expected in September as shoppers delayed buying autumn clothing due to unseasonably warm weather, against the backdrop of broader cost of living pressures, official figures showed on Friday. Retail sales dropped by 0.9% on the month after a 0.4% rise in August, the Office for National…
Oct 20, 2023: The dollar nudged at the closely watched 150 level against the yen on Friday, encouraged by a rise in U.S. 10-year Treasury yields towards 5% after Federal Reserve Chair Jerome Powell suggested there was scope for more rate rises. The yield on the benchmark 10-year Treasury, which nudged at 5% for the…
