US loses 50k retail forex traders

175,000 RetailForex Traders Traded in the US in Q2 2022

That’s it?? You would think it would be much bigger than 175K. TD Ameritrade gets majority of new accounts while IBKR are most profitable. Oanda is trash now! More international stats:

If we wanted to create a ranking of countries with the highest average number of people trading in FX derivatives, Australia (100,000), Germany (84,000) and Poland (80,000) would be next in line after HK and US.

Crypto don’t help here as well.

As for the UK, this don’t help neither for forex users in UK

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GLD is buy due to weakening US dollar

gold investment 2022 with GLD ETF. Will gold save us from this weakening US dollar with an investment from the GLD ETF?

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US inflation data today is slightly lower in Jul

US Uinflation data today slightly lower in Jul. This inflation is killing everyone economically in the West including the US. This data today also a win for Biden as you know.

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