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

25.12.2015 - The fall of euro resumed on strong US data

Today was published important statistics on the volume of durable goods orders, which was significantly better than analysts' expectations. In October the index increased by 3.0%, after declining by 0.8% in the previous period. The average analyst forecast was at 1.5%. This fact has led to a decline in the euro, which according to our estimates in the near future may continue to the target levels around 1.0500, but investors will be restrained by the future holiday in the US. We recommend keeping short positions on the euro with a stop above 1.0800 and the medium-term targets at 1.0500, 1.0200, 1.0000 and 0.9600.

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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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