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 9 2024: China’s finance ministry is set to reveal detailed fiscal stimulus measures during a highly anticipated press conference on Saturday, aimed at boosting the country’s economy. The announcement follows a media briefing earlier in the week, which left investors disappointed as no major new steps were introduced to stabilize the faltering economy. Finance Minister…
Oct 9 2024: The U.S. dollar surged to its best week in two years, once again demonstrating the difficulty of betting against the currency when global forces resist letting it fall. The DXY index, which measures the dollar against major global currencies, jumped more than 2% last week. This sharp turnaround surprised many speculators who had…
Oct 9 2024: Oil prices edged higher on Wednesday as geopolitical developments in the Middle East took center stage, counterbalanced by cautious demand expectations ahead of a key meeting on China’s fiscal policy. Brent crude futures increased by 45 cents, or 0.6%, reaching $77.63 per barrel by 0703 GMT, while U.S. West Texas Intermediate (WTI) futures…
Oct 9 2024: Bitcoin’s price remained relatively unchanged on Wednesday, stabilizing after recent declines as traders awaited new insights on U.S. interest rates from the Federal Reserve and upcoming inflation data. The cryptocurrency rally stalled earlier this week as expectations for slower interest rate cuts by the Fed impacted sentiment. A stronger U.S. dollar also weighed…
Oct 9 2024: European stock markets showed little movement on Wednesday as investor sentiment was dampened by the ongoing conflict in the Middle East and market volatility in China. At 03:05 ET (07:05 GMT), Germany’s DAX index traded nearly flat, while France’s CAC 40 dipped 0.1%, and the U.K.’s FTSE 100 rose 0.4%. European Markets Impacted…
