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 10, 2023: The dollar remained steady against major peers on Tuesday, after a pause in its rally following a slight dovish shift in Federal Reserve officials’ tone. Moves in the Asia session were small as traders waited on further Fed appearances later in the day, Fed minutes on Wednesday and U.S. inflation data on…
Oct 10, 2023: Asian shares rose on Tuesday as bond yields eased, boosted by dovish Federal Reserve remarks and a dip in oil prices after Monday’s surge, but markets remained cautious amid violence in the Middle East. Europe and U.S. markets also looked set to open higher, with FTSE futures up 0.78% and E-mini futures…
Oct 10, 2023: Gold prices hit their highest in more than a week Tuesday, a day after posting sharp gains on increased market uncertainty due to conflict in the Middle East, as dovish remarks from top U.S. Federal Reserve officials weighed on the dollar and bond yields. Spot gold climbed to $1,865.19 per ounce, its…
Oct 9, 2023: The cryptocurrency market experienced a dip in value on Monday, largely due to Bitcoin’s inability to surpass the $28,300 mark. This stagnation has been attributed to profit-taking behaviors and concerns surrounding Federal Reserve policies. The impact has been felt across various meme coins including DOGE, SHIB, FLOKI, and PEPE Coin, which are…
Oct 9, 2023: European stock markets are expected to open largely lower Monday, as investors assess the implications of the military conflict in the Middle East and the associated surge in oil prices. At 02:00 ET (06:00 GMT), the DAX futures contract in Germany traded 0.9% lower, CAC 40 futures in France dropped 0.3%, while…
