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 13, 2023: Inflation in Germany is on a downward trajectory, Bundesbank President Joachim Nagel said on Friday on the sidelines of an International Monetary Fund meeting in Marrakesh. “It seems we have passed the peak of inflation,” Nagel told reporters, speaking alongside German Finance Minister Christian Lindner. “The 10 interest rate hikes – and…
Oct 12, 2023: U.S. stock futures inch higher, as markets prepared for all-important September consumer price data that could influence how the Federal Reserve approaches future interest rate decisions. Minutes from the Fed’s meeting last month showed caution among policymakers, although some officials are now wondering if a weeks-long surge in U.S. Treasury yields has…
Oct 12, 2023: The U.S. dollar slipped lower in early European trade Thursday, hovering near a two-week low ahead of the release of key U.S. inflation data. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 105.377, just above the day’s…
Oct 12, 2023: European stock markets traded higher Thursday, helped by signs of U.K. growth ahead of the release of key U.S. consumer inflation data which could provide monetary policy clues. At 03:55 ET (07:55 GMT), the DAX index in Germany traded 0.3% higher, the FTSE 100 in the U.K. rose 0.4% and the CAC…
Oct 12, 2023: World shares rose and the dollar and bond market borrowing costs held steady on Thursday ahead of U.S. inflation data and European Central Bank meeting minutes that will add to the hotly-contested debate on where interest rates are heading. The week’s sharp escalation of Middle East tensions ensured the mood remained cautious…
