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

12.08.2015 - The unemployment rate in the UK was 5.6%

The volatility of the price of the British pound showed strong growth against a background of the publication of statistics on the labor market in the UK. Thus, the unemployment rate was 5.6% in June, which coincided with forecasts of analysts. At the same time, average wage growth slowed to 2.4%, against 3.2% in May. The number of unemployed in June was reduced by 4,9 thousand, despite the expected growth of 1.4 thousand. The weakening of the US dollar supports demand for the pound, but given the expected rise in interest rates of the Fed and saving parameters of monetary policy of the UK, we remain a medium-term negative outlook on the British currency.

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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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