On the weekly interview on Forex TV, I spoke with Julie Sinha about the major events this week, opportunities in the Euro, Pound and Loonie, and also covered the meaning of the new CFTC rules, that came into effect today. Enjoy!
The CFTC rules aren’t only about leverage. Better regulation of US brokers also means that they are obligated to publish the profitability level of their traders, and that some brokers will have to “repatriate†their accounts from overseas branches in order to continue trading. All these points were covered in the interview.
Regarding the loonie, it’s somewhat vulnerable after not holding on to parity. Will this week be the week of the dollar?
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