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 25 2024: Australia’s central bank reported a $2.78 billion (A$4.2 billion) accounting loss for the year ending June 30, marking its fourth consecutive year of losses due to pandemic-era financial interventions. Much of the loss stems from the low-yield bonds and assets the bank acquired at minimal interest rates during the pandemic, resulting in income…
Oct 25 2024: Asian currencies traded mostly lower on Friday, with the U.S. dollar maintaining a strong weekly performance driven by expectations for a slower pace of Federal Reserve rate cuts. The Japanese yen remained near its three-month low ahead of Japan’s general election this weekend, with caution around potential currency market intervention keeping traders wary.…
Oct 25 2024: Oil prices edged up on Friday, poised to close the week with a gain exceeding 1% amid escalating tensions in the Middle East and an upcoming resumption of Gaza ceasefire talks, adding uncertainty for traders. As of 06:42 GMT, Brent crude futures rose by 0.4% to $74.69 per barrel, while U.S. West Texas…
Oct 25 2024: Bitcoin’s price held steady around $67,000 on Friday, while broader crypto markets faced declines due to reduced risk appetite amid uncertainties surrounding the tight U.S. election and high-interest rates. The leading cryptocurrency was on track for a weekly loss after failing to break a critical resistance level, with limited positive market signals impacting…
Oct 25 2024: European stock markets trended mostly lower on Friday as third-quarter corporate earnings took center stage, with tepid economic growth dampening investor sentiment. As of 03:05 ET (07:05 GMT), Germany’s DAX index dipped by 0.1%, France’s CAC 40 slid 0.3%, and the UK’s FTSE 100 remained largely unchanged. Weak Economic Sentiment in Europe French…
