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.
Nov 27 2024: The Central Bank of Sri Lanka (CBSL) introduced a new single benchmark rate of 8% on Wednesday, simplifying its monetary framework and easing policy further to support the country’s recovery from a severe financial crisis. Shift to a Single Rate Framework The newly introduced Overnight Policy Rate (OPR) replaces the previous dual-rate system,…
Nov 27 2024: The U.S. dollar held steady against its major peers on Wednesday as markets braced for a key U.S. inflation report while digesting President-elect Donald Trump’s renewed tariff threats on the country’s largest trading partners. Trump Tariff Uncertainty Keeps Markets Cautious Trump’s promises of significant tariffs on Canada, Mexico, and China, announced earlier this…
Nov 27 2024: Gold prices edged higher during Asian trade on Wednesday, extending modest gains from the previous session as safe-haven demand remained supported by fears of increased U.S. trade tariffs under President-elect Donald Trump. However, the strengthening U.S. dollar and easing geopolitical tensions in the Middle East capped further gains for the precious metal. Spot…
Nov 27 2024: Bitcoin extended its losses for the third consecutive session on Wednesday, falling to $93,131.5 by 01:16 ET (06:16 GMT), as traders locked in profits following a recent rally. The cryptocurrency’s inability to breach the $100,000 milestone dampened investor sentiment, while concerns over U.S. policy further weighed on risk appetite. President-elect Donald Trump’s renewed…
Nov 27 2024: The Australian government introduced legislation on Wednesday aimed at imposing significant fines on major supermarket chains for failing to adhere to an industry code of conduct designed to prevent the mistreatment of suppliers. The proposed bill follows allegations from farmers and politicians that leading supermarket chains exploit their market dominance to suppress competition,…
