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 18, 2023: Gold prices rose on Monday as markets bet that the Federal Reserve will keep interest rates on hold this week, while growing fears of a U.S. government shutdown spurred some safe haven demand. The yellow metal saw some gains in recent sessions as strong inflation and economic activity data failed to convince…
Sep 18, 2023: Shares of major Asian chipmaking firms sank on Monday, after a Reuters report said that Taiwan’s TSMC- the world’s largest contract chipmaker- had asked its suppliers to delay deliveries amid concerns over slowing demand. The report follows a warning by TSMC (TW:2330) (NYSE:TSM) during its second-quarter earnings, where CEO C.C. Wei warned…
Sep 18, 2023: Chinese e-commerce giant Alibaba (NYSE:BABA) Group Holding Ltd has plans to invest $2 billion in Turkey in the coming period, its president Michael Evans said at a meeting with Turkish President Tayyip Erdogan, the company’s Turkish unit said on Monday. Evans said Alibaba had already invested $1.4 billion in Turkey through its…
Sep 18, 2023: The U.S. dollar barely moved in Asian trades on Monday, even as sterling blipped higher and the yen dipped, as a Japanese holiday and a bunch of upcoming central bank meetings sucked the air out of markets. The Bank of Japan’s policy meeting on Friday is the highlight of the week in…
Sep 15, 2023: China’s fiscal revenue rose 10% in the Jan-Aug period of 2023, slower than 11.5% growth in Jan-July, official data showed, even as the economy showed signs of stabilisation in the wake of recent policy support measures. Fiscal revenue totalled 15.18 trillion yuan ($2.09 trillion) for the eight months, while fiscal expenditures grew…
