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.
Jan 2 2025: Asian stocks faced a rocky start to 2025, slipping on Thursday as investors treaded cautiously ahead of Donald Trump’s return to the U.S. presidency and amid signals of a more hawkish Federal Reserve. While global equities closed 2024 with robust annual gains of nearly 16%, a 2% decline in December dampened the optimism.…
Jan 2 2025: Asian currencies began 2025 on a subdued note, trading in flat-to-lower ranges on Thursday, as expectations of slower U.S. Federal Reserve rate cuts this year dampened investor sentiment. The Chinese yuan led regional declines, with the USD/CNY pair climbing 0.3% to 7.3190, its highest level in over a year. Caixin PMI data revealed…
Jan 2 2025: Gold prices edged higher during Asian trading on Thursday, supported by a weaker U.S. dollar. Spot gold rose 0.3% to $2,632.82 per ounce, while February gold futures climbed 0.1% to $2,644.47 per ounce by 23:06 ET (04:06 GMT). However, market sentiment remained cautious due to the Federal Reserve’s guidance for limited interest rate…
Jan 2 2025: Bitcoin stabilized on Thursday, trading at $95,469.5 as of 00:12 ET (05:12 GMT), after a turbulent end to 2024 that saw its price dip as low as $92,000. The cryptocurrency faced pressure from regulatory uncertainty under incoming U.S. President Donald Trump and broader risk aversion due to slowing expectations for interest rate cuts…
Jan 2 2025: Taiwan’s stock market ended lower on Thursday, with the Taiwan Weighted Index falling 0.67% as losses in the Construction and Glass sectors weighed on overall performance. Among the top performers, Fortune Oriental Co Ltd (TW:2491) gained 9.72%, adding 1.20 points to close at 13.55. Chung Fu Tex-International Corp (TW:1435) rose 8.48%, finishing at…