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 12, 2023: World shares rose and the dollar and bond market borrowing costs held steady on Thursday ahead of U.S. inflation data and European Central Bank meeting minutes that will add to the hotly-contested debate on where interest rates are heading. The week’s sharp escalation of Middle East tensions ensured the mood remained cautious…
Oct 11, 2023: The cryptocurrency landscape witnessed a significant shift on Tuesday, as Bitcoin’s dominance amplified following a major altcoin sell-off. This development led to Ethereum and Binance Coin (BNB) recording new cycle lows against Bitcoin, although Ethereum managed to maintain its USD-denominated value above its previous low of $1,544. Binance Coin, on the other…
Oct 11, 2023: Ethereum’s token supply has seen an increase of approximately 10,000 ETH this week, according to data from Ultrasound.money. This rise has resulted in a 0.43% annual inflation rate, attributed to a lower burn rate of 6,140 ETH and a higher issuance of 16,100 ETH. The uptick comes amidst a broader weakness in…
Oct 11, 2023: The euro strengthened as the dollar slid on Tuesday in response to a sharp drop in Treasury yields on the back of further dovish comments by Federal Reserve officials, as well as the prospect of stimulus from China. The benchmark 10-year Treasury note tumbled to a day low of 4.618% from Monday’s…
Oct 10, 2023: The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said overall global growth remained low and uneven despite what it called the “remarkable strength” of the U.S. economy. In its latest World Economic Outlook, the IMF left its forecast for global real GDP growth…
