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

02.11.2015 - The British pound has been supported by the strong statistics

Today, in the United Kingdom was published surprisingly strong data on manufacturing PMI, which in October unexpectedly rose to a maximum of 16 months and totaled to 55.5 in October, against 51.8 in September. Support for the index was the growth of orders from the Middle East, Asia and the United States. This fact points to the likely acceleration of growth of the British economy, which increases the chances of an earlier raising of interest rates of the Bank of England and will support the British pound. On the other hand the growth potential of the British pound is limited and in the near future we may see a decline by 1-2% to 1.5350 and 1.5200. Our medium-term outlook is negative.

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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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