US Yields Climb to Multidecade Highs Amid Iran War, Budget Concerns
US and advanced-economy yields have surged to multidecade peaks, driven by higher inflation from US-Iran escalation and fiscal shortfalls. Traders have cut rate-hike expectations by nearly 200 basis points since mid-September across eight major economies. USD strengthens on higher yields; EUR under pressure from concurrent Eurozone sovereign-debt stress, particularly French...
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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 |