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

06.02.2015 - The forecast for GDP growth in Australia has been lowered

The price of the Australian dollar will likely continue to decline after the publication of data on the US labor market. Today the Reserve Bank of Australia lowered its medium-term forecasts for GDP growth to 2.25% -3.35% in 2015 and 3% -4% in 2016. Core inflation forecasted by the RBA will be 2% -3%. The unemployment rate according to the expectations of analysts will continue to rise. Investment in the mining sector due to low commodity prices will be reduced. In connection with these facts, we recommend holding short positions on the Australian dollar and maintain the 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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