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 22 2024: Britain’s commercial property market is beginning to recover following the post-pandemic freeze, though mainly at significantly lower prices. The sale of high-profile office properties will help determine the market’s bottom and the pace of recovery, especially in the office sector, which has been heavily impacted. Nuveen has listed the “Can of Ham” tower…
Oct 22 2024: The U.S. dollar edged lower on Tuesday, though it remained near recent highs as uncertainty looms over the pace of interest rate reductions ahead of the U.S. presidential election. By 04:40 ET (08:40 GMT), the Dollar Index, which measures the greenback against six other major currencies, was down 0.2% at 103.677, having touched…
Oct 22 2024: Oil prices fell on Tuesday as U.S. Secretary of State Antony Blinken arrived in Israel to push for a ceasefire in the Middle East, while concerns over slowing oil demand in China, the world’s top importer, continued to weigh on the market. Brent crude futures for December dropped 60 cents, or 0.8%, to…
Oct 22 2024: Bitcoin’s price declined on Tuesday, retreating from its recent three-month highs as growing risk aversion—due to uncertainty surrounding the U.S. presidential election—spilled into cryptocurrency markets. Initially, speculation about a Donald Trump victory had driven crypto prices higher. However, recent polls showing a close race between Trump and Vice President Kamala Harris dampened investor…
SAP’s shares surged by 5% at Tuesday’s market open, reaching a record high of 221 euros ($239.21). This came after the German software giant raised its full-year targets, driven by impressive third-quarter cloud performance. Cloud revenue saw a 27% increase, adjusted for currency fluctuations, amounting to 4.35 billion euros ($4.71 billion). This growth was fueled…