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 7 2024: U.S. stock futures slipped on Monday after a strong performance on Friday, driven by an upbeat jobs report. Investors are now focusing on key inflation data and upcoming corporate earnings reports to gauge the Federal Reserve’s next moves on interest rates. 1. U.S. Stock Futures Edge Lower Following Friday’s rally, U.S. stock futures…
Oct 7 2024: The dollar extended its rally on Monday, buoyed by strong U.S. employment data and escalating conflict in the Middle East, while major currencies, including Japan’s yen, struggled to keep pace. The yen slipped to 149.10 per dollar, its weakest level since mid-August, before recovering slightly to trade around 148.40. Last week, the yen…
Oct 7 2024: Oil prices slipped on Monday following their steepest weekly rise in more than a year, as concerns over excess supply and softer demand outweighed fears of a potential Middle Eastern conflict impacting exports from the key oil-producing region. By 06:45 GMT, Brent crude futures had declined by 28 cents, or 0.36%, to $77.77…
Oct 7 2024: Bitcoin extended its weekend rebound on Monday, driven by positive U.S. economic data that boosted risk appetite across markets. In addition, betting markets showed a growing preference for a Donald Trump presidency over Kamala Harris, as a potential Trump administration is seen as more favorable for cryptocurrency regulation. Bitcoin’s price followed strong global…
Oct 7 2024: European stock markets edged higher on Monday, following a positive handover from Asia after last week’s strong U.S. jobs report. Investors are also gearing up for the start of the corporate earnings season. As of 03:05 ET (07:05 GMT), Germany’s DAX index rose by 0.2%, France’s CAC 40 was up 0.3%, and the…
