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

19.06.2015 - We expect strong price movement in the euro until the end of the month

The price of euro continues to consolidate, and the amplitude of price fluctuations decreased, which indicates a high probability of strong price movement of the price upon completion of the consolidation. The trigger for a strong price movement may be the news regarding Greece's creditors and negotiating reform in the country, including pension reform, which will reduce social benefits in Greece. Until June 30, the country should make a payment of 1.6 euros on the IMF loan and according to the head of the IMF Lagarde this deadline is final. In this regard, we expect strong price movements of the euro till 30-th of June and maintain a 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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