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'No way' the Eurogroup will release funds to Greece before tonight's deadline FXStreet (Córdoba) - Eurozone officials say that there is "no way" Eurogroup will release funds to Greece to repay the IMF € 1.6 billion before tonight's deadline. June 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USD/CHF climbs above 0.9330 amid new talks FXStreet (Córdoba) - The US dollar gained momentum as traders focus on the London fixing and pushed USD/CHF to break the short-term resistance area located around 0.9330. The pair jumped to 0.9380. Currently trades at 0.9360/65, near the area it opened the week. The Greek saga continues with now a proposal from Greece to extend the bailout with loans to be used exclusively to debt payments. A conference call will take place later today, announced the Eurogroup leader. USD/CHF technical levels Yesterday the pair dropped almost 200 pips from the highs and bottomed at 0.9242. Today made the reverse move and rose 140 pips from 0.9245 to 0.9380. To the upside USD/CHF could face resistance at 0.9380 and above here at 0.9400 and 0.9425/30 (June 29 high). On the flip side, immediate support might now lie at 0.9330, followed by 0.9285 and 0.9240/50 (daily low). June 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

Neutral outlook on PLN – BAML FXStreet (Edinburgh) - The outlook for the Polish zloty remains on the neutral side so far, suggested strategists at BAML. Key Quotes “We are on track to our 3.5% growth forecast for 2015. Industrial production growth recovered to 5.3% yoy in May from a soft April reading of 2.7% in seasonally and working-day adjusted terms, maintaining the growth momentum at the beginning of the year”. “The robust 1Q growth rate, with recent PLN weakness and an increase in political uncertainty, implies the National Bank of Poland will stay neutral. The Monetary Policy Council has been sending strong signals to the market about its intention to end the easing cycle. The recent PLN weakness eased the MPC’s concerns about higher risks of inflation undershooting. Our baseline has the policy rate steady at 1.50% through 2016, and we note that the risk of easing has fallen significantly”. “Bund volatility and Greece talks are a risk to sentiment in the region, including that for PLN. We stay neutral outright but hold a short PLN/HUF position, as the cross seems overvalued from a longer-term perspective”. June 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

SEB: EUR/JPY needs to push above 137.20/138.80 to get off bearish phase – eFXnews FXStreet (Barcelona) - The Technical Strategy Team at SEB, believes that EUR/JPY requires to reclaim the 137.20/138.80 21day EMA band to ease bearish pressure, as noted by eFXnews. Key Quotes “The short-term (bullish) "Cloud" and the short-term downside stretch (as defined by the deviation away from its monthly average) were respected. A long lower shadow and a high session close puts pressure back on the 21day exponentially weighted moving average band (137.20/138.80) which in reality also has to be reclaimed to get the pair off the bearish edge.” This forecast has been provided under specific arrangement with eFXnews. June 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

Greece asks for 2-year ESM bailout program and debt restructuring FXStreet (Córdoba) - Greece requests a 2-year bailout program from the European Stability Mechanism (ESM) with parallel restructuring of debt, according to Prime Minister Tsipras office. June 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX.com-Round 20 cTrader Weekly demo contest winners share $400 prize! The results of Round 20 cTrader Weekly demo contest are ready, and we are happy to announce outstanding traders of this round. While we congratulate Round 20 winners, we encourage all traders to register for the next round and compete for the real prize! We are glad to award prizes to the distinguished winners: 1st place with the award of $150 goes to Mr. Carpe from Portugal 2nd place with the award of $100 goes to Mr. aisaac from Italy 3rd place with the award of $75 goes to Mr. yoxTsp from Indonesia 4th place with the award of $50 goes to Mr. rycxs from Indonesia 5th place with the award of $25 goes to Mr. utiks from Indonesia We thank all traders for participating in the contest, and we hope that you have enjoyed the cTrader Weekly demo contest. We aim at making your learning process smooth, and entertaining. Don’t miss your chance and take part in the next round of cTrader Weekly demo contest. Good luck to all traders! Experience cTrader advantages while chasing the $400 prize fund! Explore new level of trading with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX! OctaFX-Most Reliable Forex broker 2014 by FX Empire!

OctaFX.com-OctaFX Supercharged REAL CONTEST current position! Win Tesla Model S, Smart Fortwo or Renault Twizy! Open a Contest Account and Deposit it. Trade and receive achievements. Interact with other traders. Win one of 10 amazing prizes. View contest standings Stand out for outstanding with OctaFX! 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!

AUD/USD looks ahead at Chinese manufacturing PMI's - BBH FXStreet (Guatemala) - Analysts at Brown Brothers Harriman noted the forthcoming Chinese data that will be an influential factor in markets and subsequently could be effecting the price of AUD/USD. Key Quotes: "China reports official manufacturing PMI Wednesday, expected at 50.4 vs. 50.2 in May. " "We note that the HSBC flash June manufacturing PMI rose to 49.6 from 49.2 final in May." "The stock market swoon is surely raising concerns." "Regardless of the market gyrations, however, we thought that this latest round of stimulus was the right response to soft economic data. More stimulus is likely to be seen in H2." June 29,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

GBP/USD near term risk lies to the downside – Scotiabank FXStreet (Barcelona) - Eric Theoret, CFA, CMT, Currency Strategist at Scotiabank, sees near-term risks for GBP/USD tilted to the downside, with technicals signalling towards a short-term bearish outlook for the pair. Key Quotes “GBP is soft, down a modest 0.3% from Friday’s close on the back of broader market sentiment driven by Greece. Near term risk lies to the downside, however we look to the potential for some offsetting gains in response to Tuesday’s final GDP revision for Q1. PMI’s will round out the remainder of the week, beginning with the manufacturing PMI on Wednesday.” “GBPUSD short-term technicals: bearish—Monday’s candle hints to limited upside potential as we note a sizeable upper shadow. A rising wedge formation has taken shape since mid-May, its lower bound currently seen around 1.5500. Rising wedges are typically resolved to the downside.” June 29,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

How long will Greek capital controls last? – Rabobank FXStreet (Barcelona) - The Rabobank Team summarizes the key developments and risks ahead for Greece after capital controls were enforced. Key Quotes “In the wake of the failure of Greece and its creditors to sign a compromise deal over the weekend, the ECB has agreed only to continue providing emergency lending assistance to Greek banks at Friday’s level of EUR89 bln. The ECB made clear that it stands ready to reconsider its decision but meanwhile the heightened risk that Greece’s banks will run out of liquidity has forced the implication of capital controls.” “Greek banks will reportedly remain shut until July 7 and there will be a EUR60 daily cap on withdrawals from cash machines, though this will not apply to those using foreign debit or credit cards. It is not clear how long capital controls will remain in place, but bear in mind that in Cyprus controls were not fully lifted for around two years after the 2013 crisis.” “Amidst the talk that Greek companies will not be able to pay invoices, fears of shortages are rising in the country and queues at petrol stations have been building. It is unknown how long Greece could survive the liquidity shortage before pressure mounts on the Bank of Greece to start issuing an alternative currency.” June 29,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

ECB rejects ELA ceiling increase for Greek banks FXStreet (Córdoba) - According to media reports, Greece had requested the European Central Bank to increase the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by €6 billion but it was rejected. That leaves emergency funding for Greek institutions at € 89 billion until the referendum. Greek banks are closed this week as Athens imposes capital controls unable to face increasing withdraws after negotiations with the Eurogroup broke down last Saturday when the Greek government called a referendum on the bailout program. Media is reporting the a Greek government official saying Greek pension withdrawals to be limited to €240. June 29,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX Champion - US Independence Day trading schedule 2015! OctaFX Technical Department would like to inform you about the changes in trading schedule for XAU/USD and XAG/USD trading instruments occuring due to the coming US Independence Day on July 3. Please, consider the following schedule while planning your trading: Friday, July 3, 2015. The trading on the above-mentioned instruments closes at 20:00 (EEST, Server Time). Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day. We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to support@octafx.com Thank you for choosing OctaFX!as your top-notch Forex Broker! 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!

GBP/USD recovers to 1.5700 FXStreet (Mumbai) - GBP/USD keeps losses in the European session, recovering from fresh session lows, as the US dollar paused its upsurge and gave back half its gains versus its major peers, lending helping hand to the GBP bulls. While ongoing Greek concerns continue to boost the risk-off moods untouched, keeping the pound in red. GBP/USD pressured amid Greek uncertainty The GBP/USD pair trades -0.31% lower at 1.5702, recovering from fresh session lows reached at 1.5685 last hours. The cable manages to fight back and erased partial losses mainly on US dollar retreat across the board. The dollar index which measures the greenback’s strength against its major peers, now trades 0.37% higher at 95.95, retracing from 96.60 highs. The USD bulls took charge earlier this session and pushed GBP/USD lower as the greenback strengthened on tumbling EUR/USD on Greek concerns. Later in the day, the cable will track US dollar moves amid lack of UK fundamentals while US pending home sales and fresh Greek updates will be closely watched. GBP/USD Levels to consider The pair has an immediate resistance at 1.5739 (Today’s High) above which gains could be extended to 1.5800 levels. On the flip side, support is seen at 1.5685 (Today’s Low) below which it could extend losses to 1.5623 (June 17 Low) levels. June 29,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX.com-Euro currency pairs high volatility warning as Greek crisis seeks resolution! We would like to inform you that on the upcoming Monday markets may open with a significant gap, low liquidity level and higher spreads. Modifications of margin requirements may become effective starting from the 29th of June, as well as shifting of certain currency pairs into “Close Only” mode. Please, contact our Customer Support in case you have any questions. Thank you for choosing OctaFX as your top-notch Forex Broker. Stand out for outstanding with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com - Octa Markets Incorporated! Octa Markets Incorporated is a forex broker recognized worldwide. OctaFX provides Forex brokerage services to its clients in over 100 countries around the world. OctaFX uses the most up-to-date technology and knowledge to make your forex trading experience incredibly convenient. Our top goal is the trust and satisfaction of each client's needs and requirements. OctaFX sets the highest service level standards and maintains them, as well as constantly developing new services and promotions. Octa Markets Incorporated was registered in 2011 in Saint Vincent and the Grenadines under license number 19776 IBC 2011. The Company's legal and correspondence address is Cedar Hill Crest, P.O. Box 1825, Villa, St. Vincent and the Grenadines. OctaFX acts in full compliance with international legislation and regulation standards. We strongly believe that honesty is the best policy. You can review Customer Documents as well as AML policy and other important legal documents in the Legal Agreements section at http://www.octafx.com. OctaFX has developed a variety of options to make your forex trading even more convenient. We offer live ECN accounts as well as micro accounts. The lowest spreads, real-time market execution and true ECN offset are among the top advantages of OctaFX. OctaFX is indeed a client-oriented company. This said, we are working hard to further improve our services. Stability, perfection and close attention to detail is what makes OctaFX different from our competitors. Our highly educated and well-trained Customer Care Department works 24/5 to answer your inquiries and help you. We are always open to suggestions and feedback. Be the Champion with OctaFX! Stand out for outstanding with OctaFX! 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!

EU's Juncker: No ‘take or leave it situation’ on Greece FXStreet (Córdoba) - European Commision President, Jean-Claude Juncker said that an agreement tomorrow could genuinely be reached tomorrow, as progress has been made on Greek negotiations. He said it is not a ‘‘take or leave it situation’ on Greece. He added he is quite optimistic but not “overly” optimistic. June 26,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USD/JPY climbs to highs near 123.80 FXStreet (Edinburgh) - A bout of buying interest around the American currency is now sending USD/JPY to post session tops in the 123.80 area. USD/JPY firmer on Treasuries The pair has woken up from its early consolidative pattern boosted by a firmer tone in US Treasuries, where the 10-year benchmark is up more than 2% around 2.45%. Other bond markets are following suit with higher yields in Bunds and Gilts. At least a bit of entertainment and volatility in today’s flat markets, with all the attention pointing to tomorrow’s Eurogroup meeting, leaving activity close to zero on Friday. USD/JPY levels to watch As of writing the pair is up 0.12% at 123.77 with the next resistance at 123.96 (high Jun.25) ahead of 124.38 (high Jun.24) and then 124.46 (high Jun.18). On the downside, a break below 123.23 (low Jun.26) would expose 123.20 (61.8% of 122.48-124.38) and finally 123.00 (psychological level). June 26,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

NOK/SEK could face additional selling pressure – TDS FXStreet (Edinburgh) - According to Strategists at TD Securities, the Nordic cross could head towards parity in the medium term. Key Quotes “It has become more difficult to position for the easing risks from the Riksbank. Several members seem to now have a more mixed opinion of taking rates more negative. So if SEK appreciates, it is possible the short-end rallies further, but it is also possible they decide to rely more heavily on QE, which would have a broader influence on the curve, or even introduce an FLS-style program, where the impact on rates is more uncertain. “The Norges Bank's decision to cut its key policy rate to 1.00% was broadly expected. But leaving the door open to additional easing in the next few months was not. With the Riksbank on hold, NOKSEK will come under additional pressure and drop toward par in the months ahead”. June 26,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EU preparing an emergency plan if Greek talks fail – MNI FXStreet (Mumbai) - MNI is reporting that the European Union is preparing an emergency plan if Greek rejects the deal offer on Saturday. The report says Greece’s creditors will not back down from their proposal and the proposal is for an extension till the end of November. Meanwhile, German finance minister Schaeuble said the Eurozone must not risk credibility by spending beyond limits. June 26,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/GBP negative below 0.7324 – Commerzbank FXStreet (Edinburgh) - The short term perspective for the cross remains bearish below the 6-month downtrend currently at 0.7324. Key Quotes “EUR/GBP is sitting on the .7074 support line and is currently finding some support there. Intraday rallies are indicated to terminate circa .7150 for losses to the .7057 May low and the .7015 March low”. “Below here lies the .7000 psychological support and the .6985 6 year down channel”. “Rallies will find initial resistance at .7214, the 55 day ma. This guards the .7324 resistance line and the tougher resistance at .7385/91 – this is the March high and the 78.6% retracement”. June 26,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USD/CHF: CHF strengthens on safe-haven appeal FXStreet (Mumbai) - The Swiss franc remains heavily bid versus the American dollar in the mid-European session, driving USD/CHF deeper in to losses just above 0.93 handle. The Swiss currency emerged the biggest gainer this session so far mainly on the back of increased demand for safety assets as Greek debt deal lurks. USD/CHF drops from 0.9375 Currently, the USD/CHF pair trades -0.35% lower at 0.9332, recovering slightly from fresh session lows printed at 0.9319. The Swiss franc gained upside momentum versus the greenback largely on the back of generalized risk-on moods amid uncertainty surrounding Greece with markets speculating increased Grexit fears. While traders flock to safe-havens such as CHF ahead of Euro group meeting tomorrow. Moreover, EUR/USD resilience also supports the franc, knocking-off USD/CHF almost 50-pips lower. Meanwhile, the dollar index which measures the greenback’s strength against its major peers, now trades muted around 95.35, near session lows at 95.28. Karen Jones, Analyst at Commerzbank notes, “USD/CHF has started to erode the 2 month downtrend. A close above here should be enough to trigger a recovery to the 0.9543 end of May high and the top of the cloud resistance at 0.9600.” While she recommends buying on dips to 0.9320 and further add at 0.9320. USD/CHF Technical Levels To the upside, the next resistance is located at 0.9375 (Today’s High) levels and above which it could extend gains to 0.9408 (June 11 High) levels. To the downside, immediate support might be located at 0.9300 levels and below that at 0.9272 (June 15 Low) levels. June 26,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX.com-How IB program works! How it works How to become an IB? Open a partner account at OctaFX. Receive your referral link in the "IB Area" section of your Personal Area at OctaFX. That's it, you are now an IB for OctaFX! IB conditions! Promo items for IB. Stand out for outstanding with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

GBP/USD eases to 1.5750, Greece in focus FXStreet (Mumbai) - GBP/USD trimmed gains and retreated from near 1.58 handle during the European session, as markets shifted their preference towards the US dollar amid Greece headline ahead of Euro group meeting. While traders also gear up for the upcoming US GDP revision. GBP/USD drops from 1.5790 The GBP/USD pair trades 0.14% at 1.5752, quickly shedding away nearly 40 pips. The cable gave back half the gains as the offered tone around the greenback decreased as traders switched to the reserve currency, moving away from higher yielding currencies as Greece updates take centre stage. While, markets also unwound GBP longs ahead of the third estimate of the first quarter US GDP data due for release later in the North American session. However, the pair also remains supported on the back of hawkish comments from Bank of England (BOE) policy maker Weale, advocating for a rate hike on tightening labour market in the UK. GBP/USD Levels to consider The pair has an immediate resistance at 1.5833 (June 23 High) above which gains could be extended to 1.5850 levels. On the flip side, support is seen at 1.5731 (Today’s Low) below which it could extend losses to 1.5704 (June 23 Low) levels. June 24,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

German IFO hurt by Greece – ING FXStreet (Edinburgh) - Analyst at ING Bank Carsten Brzeski assessed the recent poor results from the German IFO. Key Quotes “Creeping Greek fears. The number one topic in Germany has finally reached German businesses: the Greek crisis and fears of a Grexit. After a long period of stable business optimism, Germany’s most prominent leading indicator, the Ifo index, dropped to 107.4 in June, from 108.5 in May”. “Even if the doses has been reduced somewhat, the German economy is still on steroids. Despite some recent rebounds, the weak euro exchange rate and low energy prices are still artificially extending the last phase of a very positive reform-growth cycle”. “Even after today’s drop, the level of the Ifo remains comfortably high. In fact, comparing the levels of the second quarter with the levels of the first quarter suggests a growth acceleration of the German economy in Q2, confirming our positive growth outlook”. “All in all, today’s Ifo index shows that German businesses are not immune against the Greek crisis and that Grexit fears are not only discussed in the local pub but also in boardrooms. However, for the time being, these fears should not (yet) have a negative impact on the economy”. June 24,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD keeps the 1.12 handle pre-Eurogroup FXStreet (Edinburgh) - The common currency keeps the buoyant tone on Wednesday, sending EUR/USD to test highs near 1.1240 ahead of the Eurogroup meeting. Greece remains at the top of the agenda in today’s Eurogroup meeting to be held in Brussels, with Greek PM A.Tsipras expected to previously meet with Juncker, Draghi and Lagarde. Further news saw the ECB extending its emergency funding to the Greek banks under its ELA mechanism, all in light of the persistent deterioration of the Greek banking system in response to the increasing deposits withdrawals by Greek savers. In the data space, the German IFO came in below consensus in all of its components, although spot paid little attention, if any, to the release. EUR/USD levels to consider As of writing the pair is up 0.38% at 1.1210 and a breakout of 1.1236 (high Jun.23) would open the door to 1.1349 (high Jun.23) and finally 1.1404 (high Jun.22). On the other hand, the next support lines up at 1.1154 (low Jun.24) followed by 1.1135 (low Jun.23) and then 1.1087 (low Jun.8). June 24,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!