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Flash: EUR/USD positioned for healthy Non Farm Payrolls - BMO Capital Markets Stephen Gallo, European Head of Currency Strategy at BMO Capital Markets feels that in EUR/USD and GBP/USD, the market is already modestly positioned for a healthy set of numbers out of the US today. Key Quotes “With this in mind, we suspect that there will be a decent amount of ‘pain’ on the topside in both of those pairs, should the report be rather weak.” “The cautiously ‘dovish’ tone in the latest FOMC minutes should also add weight to the USD in this instance.“ “We think the chances of a weekly close in EUR/USD around 1.3650 are high if this is the case. GBP/USD should just about fully track EUR/USD higher under this scenario, towards 1.6480.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 10, 2014 OctaFX.Com News Updates

Flash: JPY weakness expected by Japanese investors - Nomura FXstreet.com (Barcelona) - Nomura strategist Yujiro Goto comments that he does not judge that the recent slowdown in foreign bond investment suggests Japanese investors have become pessimistic about JPY weakness remaining. Key Quotes “In fact, our latest client survey at our seminar in Tokyo suggests that about 80% of Japanese investors expect USD/JPY to trade around 110 or above by end-2014.” “Expectations for JPY weakness remain strong among Japanese investors, and we expect them to gradually increase foreign bond investment this year.” “The gradual widening in the yield differential between the US and Japan also encourage them to invest in foreign bonds.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 10, 2014 OctaFX.Com News Updates

Flash: AUD/USD range bound? FXstreet.com (London) - Emmanuel Ng said they continue to see the AUD/USD drifting in tandem with global undercurrents pending further cues out of China for example. Key Quote: “Expect 0.8900 to remain as a near term locus within the recent 0.8820-0.9000 range”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 09, 2014 OctaFX.Com News Updates

USD/CAD continues bullish momentum FXstreet.com (London) - USD/CAD continues to climb in advance of tomorrow’s US non-farm payroll statistics and continuing broad USD/CAD momentum. Canadian housing stabilising Data released earlier today showed weaker-than-expected Canadian housing stats, which may assuage some concerns over the expansion of Canada’s housing marked. The report from the Canada Mortgage and Housing Corp showed a drop in the seasonally-adjusted annualised rate of housing starts to 189,672 units in December from an upwardly-revised 197,797 the previous month. The figures fell a little beyond consensus expectations of a 190k and included a 6.7 percent drop in new build permits. USD/CAD focus now on non-farm payrolls Focus is now on tomorrow’s US non-farm payroll statistics. Strong ADP numbers earlier this week support another ~200k print adding to expectation of a continuing US recovery. USD/CAD has gained 2.04 on the week so far, with Canadian inflation expectations drawing down the CAD – inflation is currently running at 0.9 percent, far short of the Bank of Canada’s 2 percent inflation target. USD/CAD is currently trading at CAD1.0852, up 0.25 percent on the day from an opening price of CAD1.0827. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 09, 2014 OctaFX.Com News Updates

Draghi: ECB prepared to take further decisive action if needed FXstreet.com (Łódź) - As expected, the ECB Governing Council decided to keep rates unchanged in January, after reducing the main interest rate by 25 basis points to 0.25% in November. During his first press conference of the year, ECB head Mario Draghi reiterated the central bank's forward guidance of keeping interest rates at present or lower levels for an extended period of time. The ECB head stated that inflation should remain low in the upcoming months, before gradually returning to the ECB's target level of 2%. Therefore, the monetary policy stance would be kept accommodative for as long as necessary and the central bank would be ready to consider all the available instruments. “Further decisive action” would be taken if needed. Mario Draghi pointed to the improvement in recent economic indicators suggesting a gradually progressing recovery in the Eurozone. He acknowledged however the high unemployment and weak loan dynamics. During the Q&A part of the press conference the ECB head signaled that the Governing Council discussed all possible instruments, although he declined to speculate on which specifically could be used. The ECB would act should a tightening of money markets occur or in case of a weakened inflation outlook, he said. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 09, 2014 OctaFX.Com News Updates

Canada: New Housing Price Index flat in November FXstreet.com (Córdoba) - The New Housing Price Index (NHPI) was unchanged in November following a 0.1% advance in October, Statistics Canada reported Thursday. This reading missed expectations of a 0.1% increase. On a year-over-year basis, the NHPI rose 1.4% in the 12 months to November. The pace of annual growth in new housing prices has been steadily slowing since August. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 09, 2014 OctaFX.Com News Updates

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EUR/GBP falls to 1-month lows FXstreet.com (Córdoba) - The EUR/GBP has extended its decline during the American session to score fresh 1-month lows. The EUR/GBP extended its decline into a second day Wednesday despite strong Eurozone data and fell to its lowest level in over a month at 0.8254 in recent dealings. At time of writing, the pair continues to trade at daily lows, recording a 0.5% loss on the day. EUR/GBP technical levels In terms of technical levels, the EUR/GBP could find immediate supports at 0.8254 (daily low), 0.8251 (Dec 2 low) and 0.8202 (Jan 11 2013 low). On the flip side, resistances are seen at 0.8316 (daily high), 0.8332 (Jan 6 high) and 0.8355 (21-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 08, 2014 OctaFX.Com News Updates

USD/CHF U-turned sub the 0.91 handle and some FXstreet.com (Guatemala) - USD/CHF has caught some on the wrong side of the market, smashing through the 0.91 handle post the knee jerk reaction to the ADP employment report which has been the highlight on todays calendar. The ADP employment report showed the US private sector added 238,000 new jobs in December, beating forecast of 200,000. Meanwhile, November ADP jobs number was revised up 14,000 to 229,000. The news took the unit on a spike of some 25 pips higher off the 0.91 handle but was soon hit by supply by the commitment of the bears and stops were run down to 0.9082, taking the pair all the way back to where we had started off today. Meanwhile, all eyes are going to be on the FOMC Minutes coming up. We are looking forward to knowing how unanimous the taper move was. It will be interesting to know how the spread of opinions and reservations around this move were which should give us an idea on what it would take for the FOMC to actually consider upping or slowing the pace of taper. USD/CHF Levels The 20 DMA is 0.8945, the 50 DMA is 0.9028 and the 200 DMA is 0.9247. RSI (14) reads 42.2. Supports are ascending from 0.9021, 0.9038, 0.9052, 0.9068. Spot is currently 0.9085 while resistances are 0.9110, 0.9131, 0.9150 and 0.9165. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 08, 2014 OctaFX.Com News Updates

Flash: The BoC unlikely to cut or hike rates in 2014 - Scotiabank FXstreet.com (London) - Camilla Sutton, Senior FX Strategist at Scotiabank notes that the BoC is unlikely to cut or hike rates in 2014. Key Quotes “Governor Poloz’ interview on the Lang and O’Leary show sug‐gests that the BoC will not cut or hike rates this year; that Governor Poloz is focused on the Bank’s inflation mandate and that it is not focused on a level of CAD.” "The interview was neutral for CAD, but provides a succinct overview of Governor Poloz’ views and highlights that inflation releases will be important data points for CAD.“ OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 08, 2014 OctaFX.Com News Updates

US's Lew praises German government for promoting domestic investment FXstreet.com (Łódź) - On Wednesday US Treasury Secretary Jack Lew held a joint press conference with German Finance Minister Wolfgang Schaeuble in Berlin, during which he praied Europe's progress in overcoming the crisis in the banking sector and Germany's decision to boost domestic spending. “Over the course of this past year, I think we’ve seen very constructive movement to get the balance right between fiscal consolidation and growth,” Lew said “We can continue to discuss where that balance should be, but it’s moved in the right direction, from our perspective.” The German Finance Minister assured that it was important for Germany to see the US economy strengthening. He also stressed the need of preventing the formation of asset bubbles. "We must keep a watch on liquidity levels to ensure new bubbles aren't being created," Schaeuble said, adding however that monetary policy should be established by central banks, not politicians. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 08, 2014 OctaFX.Com News Updates

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EUR/CAD’s bullish performance FXstreet.com (London) - EUR/CAD has been one of the best performers on the session. Strategists at TD Securities explained that EURCAD’s recovery has taken back about half of last week’s sell off already this week. “The broader trend higher remains intact but the rally did hit a big technical roadblock with last week’s reversal from 1.48+ levels and short-term momentum has weakened considerably this week. The bounce from the mid 1.44 area (38.2% of the Nov/Dec rally and 28-day MA) ought not extend that much more if last week’s weekly bear reversal signal is to remain an influence on near-term price swings. Losses should extend below 1.4450 towards 1.41/1.42”. EUR/CAD Levels The 20 DMA is 1.4590, the 50 DMA is 1.4380, and the 200 DMA is 1.3820. RSI (14) reads 37.80. Supports are ascending from 1.4240, 1.4300, 1.4330, 1.4370, 1.4425, 1.4535. Spot is 1.4628 with resistances at 1.4660 and 1.4775. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 07, 2014 OctaFX.Com News Updates

Flash: The Euro´s resilience is striking - BBH FXstreet.com (Barcelona) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes that the euro is consolidating at the upper end of yesterday's range. Key Quotes “Immediate resistance is seen in the $1.3655-75 area. The euro's resilience is striking.” “We note that EONIA, which peaked at the end of the year near 45 bp, is now below 10 bp. The US-German 2-year spread was just below 7 bp in mid-December and 17 bp today.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 07, 2014 OctaFX.Com News Updates

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Join the “Word it out” Contest! “Word it out” to every trader in the community . We have asked our customers to perform successful trades during our contests, but today it’s merely an opinion that will determine your success! Follow three simple steps to get into participants list: Write a review on distinctive features of trading with OctaFX Share it on any Forex forum or upload it to your personal blog Send us a link to your review by filling the form Client's Choice of the Month! "Clients' Choice of the month" award – all the articles submitted monthly are posted to our website and the review with the biggest number of Facebook likes brings its author an iPhone! Participants: 19 Round started: 01.11.2013 Round ends: 30.11.2013 OctaFX Special Choice! "OctaFX Special Choice" award – reviews with the biggest number of likes during all the time of the contest take part in “Word It Out” final – OctaFX jury chooses the most splendid of them all and the author will be awarded with super-prize – MacBook Air! Participants: 17 Award Ceremony: 20.03.14 The contest starts November, 1 and ends February,28. Participation requires author to upload his written review to any Forex forum or personal blog and send us a link through a form at our website. What we like is fresh, constructive thoughts with a bit of jokes and illustrations, positive attitude and complete honesty. We would like to mention though that it is strictly prohibited to black other traders and brokers. Show us how unique your experience is – do not plagiarize. You can read all the terms and conditions at our website, still we advise you to start gather your thoughts and use your right to word it out! “It was and remains our main goal to be responsive to any trader’s needs – there’s nothing more inspiring than the feedback from you” The Head of OctaFX Development Department states! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

EUR/GBP rallies after services PMI numbers FXstreet.com (London) - EUR/GBP has rallied after Eurozone composite Markit services PMI numbers matched expectations with gains on the November print. In contrast, the UK missed expectations, despite continuing to show solid expansion. The pair is currently trading at GBP0.8318. Modest Eurozone growth despite fragility The Eurozone composite posted a three-month high of 52.1 in December, up from 51.7 in November, and its second highest level in two-and-a-half years. The Markit report showed that manufacturing continued to lead the recovery. Growth of production accelerated to its fastest since May 2011, as new orders improved aided by a solid increase in new export business. As may continue to be a running theme for 2014, carrying through from 2013, France and Italy were the rotten apples in the basket. French services again contracted, printing at 47.8, down from November’s 48.0. Italy posted 47.9, beating the November print of 47.2, but still indicating contraction. UK misses expectations despite robust expansion By contrast, the UK showed much more robust economic activity, but missed its higher expectations in comparison with the Eurozone. Expectations were for a slight gain on November’s print of 60.0, with the seasonally-adjusted headline business activity index coming in at 58.8, a six-month low. The Markit report said that UK service sector continued to expand strongly as 2013 came to an end, with activity, new business and employment all again rising at marked rates. It indicated that confidence among service providers was at its highest in nearly four years. Indication of potential upside wage pressure The numbers also gave positive news for UK wages, which have continued to slump in real terms, despite a strongly improving UK macro picture. There was further evidence of capacity pressures in December, with backlogs of work rising for a ninth successive month. Many companies responded to rising workloads by adding to their payroll numbers at a marked pace. Employment rose for a twelfth successive month. EUR/GBP rallies strongly on expectation miss The pair is currently trading at GBP0.8318 after hitting highs at GBP0.8331. The pair is up 0.38 percent on the day after opening at GBP0.8284. The next major event will be German consumer price index numbers for December, due at 13:00 GMT. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 06, 2014 OctaFX.Com News Updates

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Start your successful trading with OctaFX today! Trade Forex with OctaFx and get: upto 50% Bonus Free 8 USD No Deposit Bonus! Requote-free Trading 1000 USD Demo Champions Contest Road King contest chance to win "Porsche Panamera, Ipads, Mac, Iphones & more Daily reviews and trading ideas Deposit & Withdrawal Instant Convenient and easy deposit & withdrawal methods High Commission for IB's Partners Demo accounts Clients Funds Protection Lowest Spread Low as 0.2 Metatrader PC, IOS Mobile, Android, (News in your Metatrader 4 from OctaFX and FXstreet.com) Write a 1500 characters review. post on a Forex forum and "Join the Word It Out" Contest! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

USD/CAD falls toward 1.0600 FXstreet.com (Córdoba) - The USD/CAD has resumed the slide after the latest recovery attempt was capped by the 1.0675 zone during yesterday's NY session. USD/CAD holding above 1.0600 The USD/CAD has pulled back sharply from highs as the greenback recedes on better risk sentiment, dropping to a low of 1.0601 so far. At time of writing, the USD/CAD is trading at the 1.0610 zone, recording a 0.5% loss on the day. USD/CAD levels to watch In terms of technical levels, if the USD/CAD falls below 1.0600, next supports are seen at 1.0587 (Jan 2 low) and 1.0580 (Dec 23 low). On the flip side, resistances could be found at 1.0677 (Jan 2 high), 1.0700 (psychological level) and 1.0726 (Dec 30 high). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 03, 2014 OctaFX.Com News Updates

GBP/USD turns south and threatens daily lows FXstreet.com (Córdoba) - The GBP/USD climbed to fresh daily highs during the European session following the release of firm UK mortgage data, but failed to overcome that level and came under mild pressure. The GBP/USD rose to 1.6473 but failed to sustain momentum and dipped back to the lower-side of today's range, although it has managed to hold above the 200-hour SMA so far, which has been offering dynamic support to the Cable. At time of writing, the pair is trading at the 1.6425 zone, 0.2% below its opening price. GBP/USD technical outlook From a technical perspective, Valeria Bednarik, chief analyst at FXstreet.com recently commented that failure to maintain gains should see bearish tone building, with a break below yesterday's low (1.6410) triggering a quick short term dip towards 1.6370. "Once below this latter, 1.6320/30 area comes next", Bednarik added. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 03, 2014 OctaFX.Com News Updates

Dollar climbs ahead of Fed speeches FXstreet.com (London) - The dollar continues to consolidate yesterday’s gains against the euro. The dollar climbed against the euro on the back of stronger-than-expected manufacturing PMI numbers which pushed EUR/USD to a low of USD1.3633 before rebounding towards the close of the session to USD1.3663. EUR/USD is currently trading at USD1.3642, down 0.14 percent in choppy trading. The pair has recovered from an intraday low of USD1.3628, driven by European Central Bank data which indicated that private sector lending continues to contract in the Eurozone. Markets remain thin with quiet holiday trading carrying into the New Year as a result of a winter storm set to hit the northeast coast of the US. With little in the way of market-moving data set for release, eyes and ears will be on Fed officials scheduled to speak at a conference in Philadelphia this afternoon (GMT), including Charles Plosser, Jeremy Stein and Ben Bernanke. Jeffrey Lacker is scheduled to speak later at a separate event in Baltimore. Of particular interest will be outgoing Fed chairman Ben Bernanke who will handover control of the Federal Reserve to Janet Yellen on 31 January. With the minutes from the Fed’s December meeting being released next week, markets will be looking for an insight into the Fed’s schedule for rolling back its quantitative easing programme. In its December meeting, the Fed moved to taper its monthly asset purchases by USD10bn, leaving its monthly purchases at USD75bn, citing the strengthening US economic outlook. It is anticipated that the Fed will taper in further USD10bn increments, ending the programme before December 2014. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 03, 2014 OctaFX.Com News Updates

EUR/USD hits fresh 2-week low FXstreet.com (Córdoba) - The EUR/USD edged a tad lower during the European session and touched a fresh 2-week low, before bouncing to mid-range. Following a steep fall Thursday, the EUR/USD entered a quieter phase, although it stretched to a fresh low of 1.3627 before settling in a slim range just above. At time of writing, the EUR/USD is trading at the 1.3640 zone, still 0.2% below its opening price. The EUR/USD remains in a corrective phase after hitting a 2-year high of 1.3891 last week. Up ahead during the New York session, several Fed members will speak, including Chairman Bernanke, who is ending his term in 4 weeks. "His remarks will be the main focus on Friday as the market will attempt to gauge the Fed's desire to further reduce the pace of QE purchases in coming months", says the TD Securities team. EUR/USD levels to watch In terms of technical levels, if the EUR/USD breaks below 1.3627 (daily low), next supports could be found at 1.3620 (Dec 6 low) and 1.3600 (psychological level). On the flip side, resistances are seen at 1.3671 (daily high), 1.3700 (psychological level) and 1.3720 (20-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 03, 2014 OctaFX.Com News Updates

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Join the “Word it out” Contest! “Word it out” to every trader in the community . We have asked our customers to perform successful trades during our contests, but today it’s merely an opinion that will determine your success! Follow three simple steps to get into participants list: Write a review on distinctive features of trading with OctaFX Share it on any Forex forum or upload it to your personal blog Send us a link to your review by filling the form Client's Choice of the Month! "Clients' Choice of the month" award – all the articles submitted monthly are posted to our website and the review with the biggest number of Facebook likes brings its author an iPhone! Participants: 19 Round started: 01.11.2013 Round ends: 30.11.2013 OctaFX Special Choice! "OctaFX Special Choice" award – reviews with the biggest number of likes during all the time of the contest take part in “Word It Out” final – OctaFX jury chooses the most splendid of them all and the author will be awarded with super-prize – MacBook Air! Participants: 17 Award Ceremony: 20.03.14 The contest starts November, 1 and ends February,28. Participation requires author to upload his written review to any Forex forum or personal blog and send us a link through a form at our website. What we like is fresh, constructive thoughts with a bit of jokes and illustrations, positive attitude and complete honesty. We would like to mention though that it is strictly prohibited to black other traders and brokers. Show us how unique your experience is – do not plagiarize. You can read all the terms and conditions at our website, still we advise you to start gather your thoughts and use your right to word it out! “It was and remains our main goal to be responsive to any trader’s needs – there’s nothing more inspiring than the feedback from you” The Head of OctaFX Development Department states! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!