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 1 2025: New home prices in China rose at a marginally quicker pace in December, according to a private survey released on Wednesday, as the struggling property sector seeks stability amid a wave of government support measures. The China Index Academy reported that the average price of new homes across 100 cities increased by 0.37%…
Jan 1 2025: The Mexican peso weakened by nearly 23% in 2024, marking its sharpest annual decline against the US dollar since the 2008 global financial crisis. On the final trading day, the peso closed at 20.82 per dollar, capping a volatile year. The peso initially experienced months of steady gains, reaching a nine-year high of…
Jan 1 2025: In 2024, oil prices recorded a 3% annual decline, marking the second consecutive year of losses as global demand recovery slowed, China’s economic challenges persisted, and increased crude output from the U.S. and non-OPEC producers contributed to a surplus in the global market. On the final trading day of the year, Brent crude…
Jan 1 2025: Mike McGlone, Bloomberg Intelligence’s chief commodity strategist, shared his perspective on the evolving gold-Bitcoin dynamic for 2025 through his official account on the X social media platform (formerly Twitter). Gold Could Outperform Bitcoin in 2025 McGlone highlighted recent data indicating that gold has gained 26% this year as of December 30. He suggested…
Jan 1 2025: Russian natural gas exports through Soviet-era pipelines crossing Ukraine to Europe came to a halt in the early hours of New Year’s Day after the transit agreement between Moscow and Kyiv expired. The two nations, embroiled in conflict, failed to reach a deal to continue the gas flows. The shutdown marks the end…
