Kevin Warsh Takes Fed Chair Role May 22
Kevin Warsh officially became Federal Reserve Chair on May 22, replacing Jerome Powell. The transition marks a significant leadership change at the central bank during uncertain economic conditions. USD pairs face potential volatility as markets assess Warsh's policy stance and approach to monetary policy. Traders should monitor his early statements...
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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 |