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

19.02.2016 - Retail sales in the UK rose by 2.3%

Today was published important statistics on retail sales in the UK, which increased by 2.3% in January against the forecast of growth by 0.8% and a decrease of 1.4% in the previous period. It is worth noting that this increase is associated with discounts after the holidays. Despite this, the British pound fell against the background of the lack of results in the EU and the UK talks about keeping of the country within the EU. According to our forecasts, the consensus will be reached that will lead to an increase in the British pound. We expect strong price movements in the near future and maintain the medium-term negative outlook, with the target 1.4000, despite a possible strong growth to 1.5000.

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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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