US jobless claims flat; layoffs remain contained
US unemployment benefit applications showed little change last week, indicating layoffs stay subdued. Stable jobless claims support a resilient labor market, underpinning USD strength and tempering recession fears. Traders watch for sustained labor demand as a key pillar of Fed rate expectations.
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| ⚖️Is Forex Trading in UK Legal? | Yes |
| ⚖️Forex Trading Regulator | Financial Conduct Authority (FCA) UK |
| 📅 Date Established | 2013 |
| Investor Protection | Financial Services Compensation Scheme (FSCS) up to 85,000 GBP |
| ✅No. of FCA Licensed Forex Brokers in UK | 15+ |
| 💰Average OTC FX Turnover for UK 2022 (BIS Survery) | 3.755 Trillion USD |