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

28.06.2016 - Fitch downgraded the rating of the UK

International rating agency Fitch downgraded the credit rating of the UK from "AA+" to "AA" with a negative outlook. The reason for this decision was the result of a referendum on Britain's membership in the European Union. We recall that nearly 52% supported the idea of the country's exit from the economic bloc. Uncertainty about how the country's economy will cope with such an event increases the fears of investors. In addition, the agency downgraded the forecast for GDP growth this year from 1.9% to 1.6% and in 2017 from 2.0% to 0.9%. We expect a continuation of the negative dynamics of the British pound with the downside potential to 1.3000 and 1.2600.

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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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