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 5, 2023: European stock markets edged higher Thursday, as a positive handover from the U.S. helped to dilute further signs of eurozone economic weakness. At 04:05 ET (08:05 GMT), the DAX index in Germany traded 0.2% higher, the CAC 40 in France climbed 0.2% and FTSE 100 in the U.K. rose 0.1%. Disappointing European…
Oct 5, 2023: The yen and euro received some much needed relief on Thursday as the dollar and U.S. Treasury yields both stalled after U.S. private payrolls growth slowed sharply, leading investors to reduce bets the Federal Reserve will hike rates again this year. After touching an 11-month high earlier this week, the dollar index…
Oct 4, 2023: Oil edged lower on Wednesday ahead of a panel meeting of OPEC+ ministers, as the market weighed expectations of supply tightness against fears that high interest rates could reduce fuel demand. Brent crude oil futures dipped 6 cents to $90.86 a barrel by 0345 GMT, while U.S. West Texas Intermediate crude (WTI),…
Oct 4, 2023: Japanese authorities refrained on Wednesday from disclosing whether they had stepped into the market to prop up the yen and stressed their resolve to act against excess volatility, keeping markets on alert for the chance of yen-buying intervention. After sliding below the psychologically important 150 per dollar mark to its weakest level…
Oct 4, 2023: The yen was sitting barely on the stronger side of 150 per dollar on Wednesday, after an unexpected but short-lived surge in the previous session stoked speculation that Japanese authorities could have intervened to support the currency. The Japanese currency was marginally lower at 149.16 per dollar in Asia trade, after surging…
