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 27, 2023: Most Asian currencies kept to a tight range on Wednesday amid continued fears of higher U.S. interest rates, while recent slumps in the Chinese yuan and Japanese yen saw traders watching for currency market intervention from their respective governments. The dollar steadied at 10-month highs, with the dollar index and dollar index…
Sep 27, 2023: Oil prices surged in Asian trade on Wednesday, extending a rebound from the prior session as the prospect of tighter supplies helped markets look past concerns over rising interest rates and their impact on the economy. Industry data showed a drop in U.S. fuel and distillate inventories, indicating that fuel consumption in…
Sep 27, 2023: Most Asian stocks fell further on Wednesday amid persistent fears of rising U.S. interest rates, while Chinese stocks rebounded on positive industrial profits data and promises of more stimulus. Regional markets took a weak lead-in from Wall Street indexes, which sank in overnight trade as markets continued to fret over a barrage…
Sep 26, 2023: South Korea is gearing up to implement substantial modifications to its foreign-exchange (forex) trading regulations with the aim of invigorating its money market, announced the Ministry of Economy and Finance on Tuesday. The revised regulations, set to take effect from October 4, 2023, are anticipated to more than double the daily trading…
Sep 26, 2023: Crypto market analyst at Bloomberg Intelligence, Jamie Coutts, reported on Tuesday that Bitcoin is demonstrating historic strength in two key metrics, despite its relatively low prices. Coutts noted that the number of “HODLers” – Bitcoin holders who rarely sell – and transactions on the Bitcoin blockchain have both reached all-time highs. However,…
