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.
Sep 28, 2023: Gold prices moved little on Thursday, but hovered around six-month lows as concerns over rising U.S. interest rates kept investors largely biased to the dollar, while Treasury yields also surged. Both spot prices and gold futures slid below the key $1,900 an ounce level this week, as a rally in the dollar…
Sep 28, 2023: Australian Treasurer Jim Chalmers said on Thursday criticism of proposed reforms to the central bank’s policymaking board by one of his predecessors was “bizarre and wrong”, as questions grow over how a more independent board would affect policy. In an opinion piece in The Australian newspaper, former Treasurer Peter Costello said the…
Sep 27, 2023: The U.S. dollar steadied Wednesday near to new 10-month highs on worries of higher U.S. interest rates, while the euro and sterling fell to six-month lows. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 105.967, having earlier…
Sep 27, 2023: U.S. stock futures traded higher Wednesday, rebounding after the previous session’s weakness on concerns of the economic impact from interest rates staying higher for longer. By 06:40 ET (10:40 GMT), the Dow Futures contract was up 80 points, or 0.2%, S&P 500 Futures traded 15 points, or 0.3%, higher and Nasdaq 100…
Sep 27, 2023: More and more Ethereum blockchain operators have complied with sanctions from the OFAC, raising censorship concerns among decentralization proponents and network participants. Toni Wahrstätter, an Ethereum researcher, noted that five of the six largest block builders on Ethereum’s blockchain actively censor certain transactions in line with the Treasury Department’s Office of Foreign…
