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.
The Japanese yen rose in volatile trade on Friday after the Bank of Japan said it will adopt a looser approach to its yield curve control policy, while broader Asian currencies recovered from some recent losses against a strong dollar. The yen recovered from initial losses to trade 0.5% higher to the dollar by 00:56…
( Reuters) – Canada’s main stock index was set to extend gains on Tuesday, tracking higher crude-oil prices, ahead of inflation data. The consumer price index is expected to have eased to 5.4% from a year earlier in February, from a 5.9% rise in the previous month, according to a Reuters poll. The data is…
By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain’s government borrowed more than expected in February, official data showed on Tuesday, but finance minister Jeremy Hunt may still hope that falling energy costs and inflation will offer leeway later this year for a pre-election tax cut. The Office for National Statistics said public sector net…
By Senad Karaahmetovic Stifel analysts resumed research coverage of Alphabet (NASDAQ:GOOGL) at Buy with a price target of $130 per share. Despite investor concerns about the success of Microsoft’s (NASDAQ:MSFT) Bing search engine on the back of the OpenAI integration, the analysts remain positive that Google will maintain its large market share. “We don’t expect the public…
By Amanda Cooper and Tom Westbrook LONDON/SINGAPORE (Reuters) -Global shares rose on Tuesday, after the rescue of Credit Suisse arrested a rout in bank stocks, but signs of stress in the financial system are making investors wonder if another lender may deliver a nasty surprise, and how central banks might respond. The Federal Reserve begins…
