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 14 2024: The world’s 26 poorest nations, home to 40% of the global population living in extreme poverty, are experiencing their worst financial situation since 2006, according to a new World Bank report released on Sunday. These countries are increasingly vulnerable to debt crises, natural disasters, and economic shocks. The report highlights that, on average,…
Oct 14 2024: The U.S. dollar remained close to recent highs on Monday as investors evaluated China’s underwhelming weekend stimulus announcements. Meanwhile, the euro continued to slide ahead of an important European Central Bank (ECB) meeting later this week. The euro edged down by 0.1% to $1.092850, marking its 11th decline in 12 sessions. Investors are…
Oct 14 2024: Oil prices fell sharply on Monday, reversing nearly all the gains made last week, as concerns over weaker demand from China weighed on the market. New data revealed a decline in China’s inflation rate, coupled with uncertainty surrounding the country’s economic stimulus efforts, raising doubts about fuel demand from the world’s largest crude…
Oct 14 2024: Bitcoin’s price saw an uptick on Monday, continuing its weekend recovery after the now-defunct crypto exchange Mt Gox postponed its repayment plan to creditors by another year. This delay eased concerns of an imminent sell-off event. Despite the rise, Bitcoin and the broader crypto market remain largely rangebound, with limited positive momentum. Last…
Oct 14 2024: Indonesia’s stock market ended Monday on a positive note, with the IDX Composite Index rising by 0.52%, driven by strong performances in the Financials, Agriculture, and Basic Industry sectors At the close of trading in Jakarta, the IDX Composite Index saw a 0.52% increase. Among the top performers were Pt Pakuan Tbk (JK),…
