Silver Slides as Fed Signals Higher Rates Ahead
Silver prices fell as markets reacted to Federal Reserve hawkish rate guidance, reflecting expectations for sustained higher policy rates amid elevated PCE inflation at 3.7% versus the 2% target. USD strength pressures precious metals; traders now await consumer confidence and employment data on September 29–30 to gauge recession risk and...
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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 |