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 9, 2023: German industrial output shrank in August for the fourth consecutive month, the federal statistics office said on Monday, an indication that the sector remains under serious pressure. Industrial production fell slightly more than expected in August by 0.2% compared to the previous month. Analysts polled by Reuters had predicted a 0.1% decline.…
Oct 6, 2023: Crude prices edged higher on Friday amid deep weekly losses left by one of the oil market’s worst tumbles for the year. With September US jobs data, due later on Friday, being the final major development for this week awaited by markets, some support emerged for oil trading at closer to $80…
Oct 6, 2023: The Ethereum network has seen a decrease in activity and a subsequent decline in average fees, according to data analytics firm Santiment. This comes after the FTX crash that occurred in November 2022. The correlation between Ethereum’s dwindling average fees and network traffic and transfer volumes was scrutinized, suggesting that the decrease…
Oct 6, 2023: US stock futures were trading within a tight range during Thursday’s evening deals, following a mixed session for major benchmark averages as investors brace for key employment data due later in Friday’s trade. By 6:50pm ET (10:50pm GMT) Dow Jones Futures and Nasdaq 100 Futures were flat while S&P 500 Futures eased…
Oct 6, 2023: The Reserve Bank of India’s key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, but signalled it would keep liquidity tight using bond sales to bring inflation closer to its 4% target. The country’s monetary policy committee (MPC) kept the repo rate unchanged at…
