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 11 2024: Banking supervisors should ensure that liquidity risks are monitored not just at the group level but for individual entities within global banks, according to the Bank for International Settlements (BIS). In a report released Friday to G20 finance ministers and central bank governors, the BIS emphasized the need for more granular liquidity monitoring…
Oct 11 2024: The U.S. dollar edged lower on Friday but remained on track for a weekly gain as traders re-evaluated potential Federal Reserve rate cuts following strong payroll data. As of 04:30 ET (08:30 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, was down 0.2% at 102.594. Despite…
Oct 11 2024: Gold prices climbed in Asian trading on Friday, building on overnight gains as strong U.S. inflation data was tempered by weaker labor market figures. In the industrial metals market, copper prices surged sharply, driven by anticipation of further fiscal stimulus signals from China. Broader metal markets were supported by a dip in the…
Oct 11 2024: Bitcoin’s price dipped on Friday as regulatory concerns and stronger-than-expected U.S. inflation data exerted pressure, tempering hopes for smaller interest rate cuts. The world’s largest cryptocurrency briefly slipped below a key support level on Thursday but managed a short-lived recovery above $60,000. Broader crypto markets also remained largely subdued. As of 01:59 ET…
Oct 11 2024: European stock markets traded slightly down on Friday as investors processed underwhelming UK growth data, while looking ahead to key US bank earnings and an eagerly awaited Chinese fiscal policy update. By 03:10 ET (07:10 GMT), Germany’s DAX was down 0.1%, France’s CAC 40 dipped 0.1%, and the UK’s FTSE 100 fell 0.4%.…
