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 10 2024: The World Bank has increased its growth forecast for South Asia to 6.4% in 2024, up from a previous estimate of 6.0%, citing robust domestic demand in India and quicker economic recoveries in countries like Sri Lanka and Pakistan. India’s economic growth for the fiscal year ending March 2025 has been revised upward…
Oct 10 2024: Most Asian currencies edged higher on Thursday, regaining some ground after recent losses, while the U.S. dollar remained steady near a seven-week peak as markets awaited key consumer inflation data. The regional currencies had been under pressure due to uncertainty over the pace of future interest rate cuts by the Federal Reserve. However,…
Oct 10 2024: Oil prices increased on Thursday, supported by rising fuel demand as Hurricane Milton hit Florida and growing concerns about potential supply disruptions in the Middle East due to escalating tensions between Israel and Iran. Brent crude futures gained 24 cents, or 0.3%, to reach $76.82 per barrel, while U.S. West Texas Intermediate (WTI)…
Oct 10 2024: Bitcoin’s price declined on Thursday, falling 2.3% to $60,919.2, as investors remained cautious ahead of key U.S. inflation data that could influence the Federal Reserve’s interest rate outlook. Broader cryptocurrency markets also weakened, trailing gains seen in other risk assets like stocks. Speculation over the potential sale of a large number of Bitcoin…
Oct 10 2024: European stocks nudged higher on Thursday, mirroring gains in Asian markets fueled by optimism over potential stimulus measures from China. Investors are also awaiting U.S. inflation data for further signals on the Federal Reserve’s interest rate trajectory. As of 0713 GMT, the pan-European STOXX 600 index rose 0.1%, with healthcare and telecom sectors…
