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

06.05.2016 - The fall of the Australian dollar has continued

The price of the Australian dollar continued to decline due to lower forecasts for inflation this year to 1-2% vs. expected 2-3% of previous estimates. In addition, the recent reduction of the key interest rate of the Reserve Bank of Australia by 0.25% to 1.75%, as well as the resumption of the negative dynamics of oil prices will have a negative impact on the dynamics of the Australian currency. Over the weekend, will be released a report on China's trade balance, which traditionally has a strong influence on the Australian currency. We expect a decline in the medium term and in the near future with the objectives to 0.7400 and 0.7240.

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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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