The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

02.04.2015 - The data on the trade balance of Australia accelerated the fall of AUD/USD

The Australian dollar continued its decline after the publication of statistics on the trade balance of the country. Thus, the trade deficit totaled 1.26 billion in February, against 1.00 billion in January. In addition, a negative for the quotes of Australian currency is the expectation of lowering interest rates, the Reserve Bank of Australia to 2.0%. Low prices for iron ore, which is the main export item also reduce the prospects for the Australian currency. We recommend holding short positions with the first target at 0.7500 and maintain a medium-term negative outlook.

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RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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