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 4 2024: US stock futures remained flat as investors awaited the release of the crucial nonfarm payrolls report on Friday. This report is expected to provide insight into the labor market’s status as the Federal Reserve prepares for its final two meetings of the year. Meanwhile, a strike by US dockworkers on the East and…
Oct 4 2024: The British pound has seen a sharp decline, with Capital Daily analysts pointing to several factors, including the Bank of England’s (BoE) dovish monetary policy outlook, the currency’s strong valuation, and extended speculative positions. Sterling dropped more than 1% against both the US dollar and the euro, marking one of its steepest daily…
Oct 4 2024: Oil prices remained subdued on Friday but were still on course for solid weekly gains, as investors balanced concerns over a potential escalation of conflict in the Middle East with an otherwise well-supplied global market. Brent crude futures were flat at $77.55 per barrel by 0646 GMT, while U.S. West Texas Intermediate (WTI)…
Oct 4 2024: Ethereum has been under significant selling pressure, triggering a widespread market decline. Data shows ETH has sharply dropped, wiping out over $32 billion in market value. Currently priced at $2,314, ETH’s value has plummeted from its highs due to continuous sell-offs, particularly by large holders. This persistent selling has created a precarious situation,…
Oct 4 2024: European markets remained muted on Friday as investors weighed the risk of a broader regional conflict in the Middle East. However, strong performances in energy stocks helped the benchmark index stay stable. The pan-European STOXX 600 was unchanged at 516.40 points as of 0709 GMT and is on course for its worst week…
