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 19, 2023: The dollar held firm against its peers on Thursday ahead of remarks by Federal Reserve Chair Powell as expectations grew that the U.S. central bank will keep rates higher for longer. The greenback had the yen still hovering around Wednesday’s two-week low, not far from the psychologically sensitive 150-mark. The Australian dollar…
Oct 19, 2023: Japanese Prime Minister Fumio Kishida’s cabinet is set to approve a scheduled economic stimulus package on Nov. 2, later than the previously planned late October timeframe, two government and ruling party officials told Reuters on Thursday. Kishida has said the package will include measures to cushion the blow to households and retailers…
Oct 18, 2023: China’s economy grew at a faster-than-expected clip in the third quarter, while consumption and industrial activity in September also surprised on the upside, suggesting the recent flurry of policy measures is helping to bolster a tentative recovery. Rapidly weakening growth in the world’s second-biggest economy since the second quarter prompted authorities to…
Oct 18, 2023: Wall Street and traditional finance institutions have shown a growing interest in cryptocurrencies, leading to a push for Bitcoin Exchange Traded Funds (ETFs) within the $7 trillion ETF industry. These instruments would facilitate direct holding of Bitcoin, an idea that has caught the attention of asset management giants such as BlackRock (NYSE:BLK),…
Oct 18, 2023: Oil prices surged nearly 2% on Wednesday as tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns about potential oil supply disruptions from the region. Brent crude futures was up $1.55, or 1.7%, to $91.45 a barrel at 0810 GMT. West Texas…
