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Global market watch - 9th February 2016

GBP

Yet again the currencies were following another market for direction and as the Equity markets (in particular bank stocks with Deutsche falling 9.5% in a day) fell quickly Sterling was pushed lower being the Financial centre for the World. The Institute for Fiscal Studies voiced its concerns that weak UK tax revenue could thwart UK Chancellor Osborne’s budge... Read more

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Associated Foreign Exchange (AFEX) is licensed as a money transmitter and regulated by the State of New York Banking Department. AFEX is licensed by the State of California and regulated by the Department of Financial Institutions.