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.
Jan 3 2025: Millions of government workers across China received unexpected wage increases this week, as Beijing seeks to boost consumer spending to counter the nation’s slowing economy. The cumulative payout, if extended to all 48 million public-sector workers, could inject between $12 billion and $20 billion into the economy, according to terms shared with Reuters.…
Jan 3 2025: Asian currencies traded within a flat-to-low range on Friday, under pressure from a strong dollar as markets braced for a more gradual pace of interest rate cuts by the Federal Reserve in 2025. Regional trading volumes remained subdued due to New Year holidays, with Japanese markets closed until next week. Chinese Yuan Drops…
Jan 3 2025: Oil prices remained steady on Friday, hovering near their highest levels in over two months as optimism grew that global policy measures could stimulate economic growth and drive fuel demand. Brent crude futures inched up by 1 cent to $75.94 per barrel by 0720 GMT, following Thursday’s close, which marked the highest level…
Jan 3 2025: Bitcoin climbed on Friday, continuing its recovery from a sharp New Year sell-off as traders anticipated a clearer U.S. regulatory landscape under President Donald Trump. The spotlight remained on stablecoin Tether (USDT), which saw its market capitalization experience its steepest decline since the 2022 FTX collapse. This drop came in the wake of…
Jan 3 2025: Tesla (NASDAQ:TSLA) reported a record 8.8% rise in China sales in 2024, delivering over 657,000 cars in the world’s largest automotive market. This robust performance contrasts with a global 1.1% decline in Tesla’s deliveries, marking the first annual drop in the company’s history. In December alone, Tesla sold 83,000 vehicles in China, a…