Olsen Invest's CEO and Oanda's Co-founder Dr. Richard Olsen came to the Live Analysis Room to talk about the future of the Foreign Exchange Industry and the financial marketplaces.

Dr. Olsen believes that the forex price needs to be democratized and that's the idea of his new venture, Lykkex.com. He says that internet has been a huge movement of democratization of people while creating opportunities.

So, his dream with Lykkex.com is to create a global marketplace equivalent to the internet itself.


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USD/JPY is defending the 158.00 level in the Asian trading hours on Thursday, lacking a clear directional impetus, as investors look for fresh cues on the Fed’s rate-cut timeframe. A risk-averse market environment helps curb the US Dollar downside, lending support to the pair. 

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