Bank of Canada October Rate Hike Odds Drop to 27% From 40% After Weak Jobs Data
Market-implied chances of a Bank of Canada rate hike in October fell to 27% from 40% following Canada’s unexpectedly weak September employment report. Statistics Canada reported a loss of 68,300 jobs, compared with expectations for an increase of around 10,000.
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CMC Markets
CMC Markets is an FCA UK Regulated & Publicly Traded CFD & Spread Bets Broker offering the MT4 Platform, No Minimum Deposit & Tight Spreads
IG Markets
IG Markets UK is an FCA regulated firm that offers CFDs & Spread Bets on several instruments
Oanda
Oanda is an FCA & ESMA Regulated CFD & Spread Bet Provider with No Minimum Deposit & Guaranteed Stop Loss
| ⚖️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 |