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 24 2024: Abu Dhabi is stepping out of Dubai’s shadow, drawing its share of asset managers and billionaire wealth, further establishing the United Arab Emirates (UAE) as an alternative to the world’s top financial hubs. While Dubai has cemented its position as the Middle East’s leading financial center over the past two decades—thanks to low…
Oct 24 2024: Asian currencies steadied on Thursday after recent declines, with the Japanese yen hovering near a three-month low. The U.S. dollar maintained its strength, bolstered by expectations of slower interest rate cuts from the Federal Reserve. Risk aversion weighed on regional currencies due to a tense U.S. presidential race and heightened Middle East concerns,…
Oct 24 2024: Oil prices rose about 1% on Thursday, recovering some of the losses from the previous session, as escalating tensions in the Middle East kept supply concerns in focus. The market also looked ahead to the U.S. presidential election and anticipated strong demand for distillates in the fourth quarter. By 06:55 GMT, Brent crude…
Oct 24 2024: Bitcoin’s price remained stable on Thursday, holding at $67,437.9 by 01:17 ET (05:17 GMT), after retreating from recent highs. Traders exercised caution due to uncertainties surrounding the upcoming U.S. presidential election and elevated interest rates. Crypto trading volumes were generally muted as risk aversion prevailed, influenced by losses in stock markets. Altcoins mostly…
Oct 24 2024: European stock markets saw modest gains on Thursday as investors assessed a fresh round of third-quarter corporate earnings alongside key economic data. As of 03:05 ET (07:05 GMT), Germany’s DAX index was up by 0.2%, while France’s CAC 40 and the U.K.’s FTSE 100 both gained 0.4%. Spotlight on PMIs Investors are closely…
