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China in focus and of great interest – BAML FXStreet (Guatemala) - Analysts at Bank of America Merrill Lynch noted events around China of which have been of great interest in markets of late. Key Quotes "China economic data have been closely watched by market participants, as investors try to explain changes in the data, and, more importantly, extrapolate the implications for asset prices. In this piece, we explore the long-term relationship between rates and economic activities. We summarize our conclusions below." "1. The front-end of the curve (2y NDIRS) leads most economic activities (especially financing activities) by one to two quarters. Changes in front-end rates Granger cause changes in economic activities." "This means when the PBOC eases, activity tends to recover with a one or two quarter lag, and vice versa. In contrast, the belly of the curve (5y NDIRS) does not seem to correlate closely with economic activities." "2. The back-end of the curve (10y CGB) moves with the CPI in the same direction, but does not correlate strongly with other economic variables as most people have thought. Expectations on the front-end also matter to the back-end." "3. The curve slope (2s5s) exhibits a strong positive correlation with economic activities, with no meaningful lead or lag. This suggests 2s5s NDIRS should continue to steepen alongside better growth momentum, which our economist predicts." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 08, 2014 OctaFX.Com News Updates

EUR/JPY rebounds sharply from 8-month lows FXStreet (Córdoba) - The EUR/JPY reversed dramatically and turned to the upside. During the Asian session fell to 135.70 hitting the lowest price since November 2013 but then recovered ground and rose back above 136.00. On European hours continued moving to the upside and recently spiked higher, climbing to 136.85. Price remains near daily highs ahead of the end of the week, up 45 pips for the day. The EUR/JPY is erasing yesterday's losses and is gaining ground for the first time in a week, but still down for where it was seven days ago. With the recent recovery the pair has been able to avoid the lowest weekly close in 8-months. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 08, 2014 OctaFX.Com News Updates

GBP/USD testing the bulls commitment’s FXStreet (Guatemala) - GBP/USD is trading at 1.6773, down -0.35% on the day, having posted a daily high at 1.6836 and low at 1.6767. GBP/USD continues to slide and analyst at HSBC suggested that the USD is the next currency getting ready for lift-off. “We are getting to the point where tapering is coming to an end and uncertainty is replacing certainty. This should lead to increased speculation regarding US rate rises”. From a technical point of view, Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank explained, "GBP/USD short‐term technicals: bearish—all signals point to downside risk and today’s ability of spot to fall to a fresh two‐month low warns of building downside momentum. Support lies at 1.6800; while resistance lies at the 100‐day MA at 1.6875." GBP/USD Levels With spot trading at 1.6774, we can see next resistance ahead at 1.6798 (Daily Classic S2), 1.6808 (Hourly 20 EMA), 1.6822 and 1.6822. Support below can be found at 1.6774 (Daily Classic S3), 1.6767 (Daily Low), 1.6756 (Weekly Classic S1), 1.6690 (Weekly Classic S2) and 1.6645 (Daily 200 SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 08, 2014 OctaFX.Com News Updates

Wall Street up, USD down FXStreet (Córdoba) - US equities are rising modestly on Friday while European markets finished lower. In Wall Street the Dow Jones was up 0.40% and the Nasdaq 0.16%. In Europe, the FTSE 100 lost 0.46% while the Dax retreated 0.33%. On the positive side, the FTSE MIB gained 0.33% and the Ibex 35 rose 0.26%. Among currencies, the Euro and the Swiss Franc are rising across the board while the Pound is plunging. The US dollar is little change versus the Aussie and the Kiwi, while the Canadian dollar dropped following employment data from Canada. Crude oil and gold are flat. The yellow metal pulled back after hitting fresh highs above $1,320 and was trading at $1,313 while the barrel holds around $93.75. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 08, 2014 OctaFX.Com News Updates

United States Wholesale Inventories came in at 0.3% below forecasts (0.6%) in June Read more in Forex News[/b] OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 08, 2014 OctaFX.Com News Updates

Morgan Stanley staying short EUR/USD - eFXnews FXStreet (Łódź) - The eFXnews team remark that Morgan Stanley remains bullish on the USD following the recent string of better than expected US data. Key quotes "Barring the safe-haven flows supporting US fixed income currently, money market normalization in the US has begun, in our view." "'FOMC voting member Fisher’s comments point to an increasing debate within the Fed about bringing forward the first rate hike – we expect US front-end yields to normalize, MS projects'." "US data have been strong across the board and now the missing piece for more hawkish Fed policy is higher wages. Wages have stayed at a muted 2% YoY level, which is too low for the Fed given its 2% inflation target." "'Markets will stay tuned, with inflation indicators staying particularly in focus ,' MS argues." "MS maintains a short EUR/USD position in its strategic portfolio from 1.3620 with a profit-stop at 1.35, and a target at 1.31." "As a short-term recommendation, MS enters a fresh short today from 1.34, with a stop at 1.3460, and a target at 1.31." 'This content has been provided under specific arrangement with eFXnews.' OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 08, 2014 OctaFX.Com News Updates

BoE's August Inflation Report expected to provide details on rate hike timing - RBS FXStreet (Łódź) - Ross Walker, Senior UK Economist at RBS suggests that BoE's BoE's August Inflation Report, due out on Wednesday, should contain guidance on the possible timing of the first rate hike. Key quotes "It is time to get 'back to basics' by providing a clearer, less convoluted form of policy signaling via a renewed focus on the CPI central projection." "The key inputs into the August forecast – trends in GDP, inflation, market interest rates, the exchange rate, oil prices – suggest a largely unaltered CPI central projection (ie, a 5-10bp undershoot at the 2-3 year horizon)." "This is our central case and would nudge the risks towards February 2015 for the first rate hike, while any rise in the CPI projection (and certainly any overshoot of the target) would suggest the first hike is coming in November 2014." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 08, 2014 OctaFX.Com News Updates

Canada Net Change in Employment below forecasts (20K) in July: Actual (0.2K) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 08, 2014 OctaFX.Com News Updates

OctaFX.com-Become Fan on our Official Face Book Community! Become our fan on Official Facebook community? Have you already declared yourself as our fan? We invite you to be part of OctaFx for your success future, OctaFx offering 50% each deposit bonus as well 8USD no deposit bonus, fast server no re-quoutes guaranty so, join right away to became successful trader. We are here to help 24/7 because its our pleasure to server you! Feel free to ask any question about OctaFX. we are glad to serve you the right way. 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/JPY retreats and approaches 102.00 FXStreet (Córdoba) - The USD/JPY weakened after Wall Street opening bell and recently printed a fresh session low at 102.10. The pair currently trades at 102.04, near the bottom of the American session buts still a few pips above yesterday's closing price. The pair found resistance earlier at 102.45 and lost upside momentum. Better-than-expected data in the US, with a decline in initial jobless claim didn’t push the pair to the upside. USD/JPY levels to consider For the coming hours, the immediate support below 102.10, lies at 102.00 an below here at 102.85 and 101.75/80 (August 6 low). To the upside,immediate resistance now could be seen around 102.20 and above between 102.35 - 102.45 (daily highs). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 07, 2014 OctaFX.Com News Updates

GBP/USD: holds short-term negative perspective - Scotiabank FXStreet (Córdoba) - Camilla Sutton, analyst at Scotiabank notes that the GBP/USD holds short-term bearish perspective, although she warns uncertainty over the GBP outlook is building. Key Quotes “GBP is essentially flat as the BoE left all policy measures on hold, with interest rates at 0.5%. Next week’s Inflation Report (August 13th) will provide clarity on how the BoE’s views are unfolding and is a major hurdle for GBP, followed by the release of today’s minutes on August 20th”. “GBP/USD short‐term technicals: bearish ‐ however the test down to 1.6786 that we expected is proving a challenge with the European session warning of building uncertainty over the outlook for GBP”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 07, 2014 OctaFX.Com News Updates

BoE on hold on muted wages and uncertain amount of slack in labor market - ING/B] FXStreet (Łódź) - James Knightley from ING suggests that the BoE was content to leave policy unchanged at the August meeting despite satisfactory UK GDP growth, due to the fact that at the same time wages remain muted and the amount of slack in labor market is still uncertain. Key quotes "We would expect to see one, possibly two members of the MPC having voted for a rate hike at today’s meeting, but we won’t find that out until the minutes are released on August 20." "Given we don’t expect any significant loss of momentum for the UK economy over the rest of the year we favour a November rate hike from the BoE with very slow and steady additional tightening of perhaps 25bp per quarter thereafter." "Indeed, we have to remember the comments from the June BoE minutes stating that they were surprised about the low probability the market was attaching to a rate rise before year-end." "The risks to this view are that sterling strengthens more aggressively than we anticipate, which is also linked to the potential for a weaker Eurozone backdrop and a vote in favour of Scottish independence, which would likely lead to market volatility and economic uncertainty. " OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 07, 2014 OctaFX.Com News Updates

Mexico Headline Inflation up to 0.28% in July from previous 0.17%/B] Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 07, 2014 OctaFX.Com News Updates

Why choose OctaFx? Trade Forex with OctaFx and get: upto 50% Bonus Free 8 USD No Deposit Bonus! Requote-free Trading 1000 USD Demo Champions Contest Trading Sprint Demo Contest! 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! Register now and get more free tools. Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

EUR/GBP edges higher but lacks momentum FXStreet (Córdoba) - The EUR/GBP edged a tad higher following the UK GDP estimation release, but remained well within today’s range and off the highs scored earlier during the European session. The latest recovery attempt was capped by the 0.7945 zone sending the EUR/GBP back to the 0.7920 zone before resuming the climb driven by GDP data. UK economy grew 0.6% in the 3 months to July, according to NIESR estimation. EUR/GBP technical levels At time of writing, the EUR/GBP is trading at 0.7940, 0.25% above its opening price, with immediate resistances seen at 0.7944 (Aug 6 high) and 0.7965 (Aug 5 high), while supports line up at 0.7915/3 (Aug 6 & Jul 31 lows) and 0.7900 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 06, 2014 OctaFX.Com News Updates

GBP/USD under pressure after another round of negative data - FXStreet FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik points out that the GBP/USD remains under pressure on Wednesday following the release of disappointing UK Industrial Output numbers. Key quotes "The hourly chart however, shows indicators bouncing from oversold levels still in negative territory, while 20 SMA presents a mild bearish slope above current price." "In the 4 hours chart indicators stand flat in neutral territory, while price stands right below an also flat 20 SMA, giving little clues on upcoming direction." "For the most, the pair maintains a heavy tone, albeit some follow through below 1.6802 recent low is required to confirm a new leg down in the pair." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 06, 2014 OctaFX.Com News Updates

Ukraine woes rise again spooking markets Investor sentiment has been dropping this week, as reports of Russia building up forces close to Ukraine's border renewed concerns about a possible invasion. Despite signals from Polish and Ukrainian leaders that such moves suggest intentions of an incursion on Ukraine's territory, the Interfax news agency said Moscow dismissed the accusations as "groundless." Also NATO officials said on Wednesday in a statement that the amassing of Russian troops at the Ukrainian border was a worrying sign. NATO spokeswoman Oana Lungescu expressed worries that Putin could use "the pretext of a humanitarian or peace-keeping mission as an excuse to send troops into Eastern Ukraine." Later on Wednesday also the US Defense Secretary Chuck Hagel said that the possibility of Russia invading Ukraine was growing. Under the circumstances investors turned to save haven assets such as gold which jumped above the critical $1,300 mark. Stocks in Europe, US and Asia dropped on concerns over the possible Russian invasion. The ruble as well as Russian government bonds have been under rising pressure since the beginning of the week. RUB fell by 1.2% since Tuesday, following Moscow's threat that it would retaliate against Western sanctions by blocking European airlines' flights over the Russian territory. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 06, 2014 OctaFX.Com News Updates

US: Trade deficit (Jun) shrunk to $41.54 billion FXStreet (Edinburgh) - The Commerce Department has informed that the trade deficit shrunk to $41.54 billion during June from $44.66 billion in the previous month (revised). The print however exceeded the median at $44.70 billion. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 06, 2014 OctaFX.Com News Updates

OctaFX.com - OctaFX Interviews Round 28 OctaFX Champion Demo Contest winners! Four OctaFX winners of OctaFX Champion Demo contest Round 28 are excited to prolong their successful trading experience and are looking forward to participating in our new promotions! Let us remind you the names of people we interviewed to motivate you! 1st place – Mr. Drs. Alimuddin M.Si from Indonesia 2nd place – Mr. Madani from Indonesia 3rd place – Mr. Rahman Afn from Indonesia The last runner – Mr. Cecep Mahpud from Indonesia What is the key factor to your success? Why are you better than everyone else? 1st place – Mr. Drs. Alimuddin M.Si: According to me, the key to success in Forex trading is highly determined by the state of the trader's psychology. Even psychological factors in trading is more important than technical skills. 2nd place – Mr. Madani: Be patient and wait for the right entry and, of course, luck factor also plays its role. 3rd place – Mr. Rahman Afn: The key to success is patience and discipline. How do you feel about your result? 1st place – Mr. Drs. Alimuddin M.Si: Becoming the winner of the OctaFX Champion contest is the pride and pleasure for me because I was able to outperform all participants. 2nd place – Mr. Madani: Of course I am very happy and did not think I could win this contest. 3rd place – Mr. Rahman Afn: I am happy and proud, finally be able to be one of the winners of OctaFX Champion Demo Contest. The last runner – Mr. Cecep Mahpud: I will try and strive to improve my trading performance and capabilities, both in the Demo Contest and in the Real account. Although I have several times experienced loss, because I believe forex is suitable for my business, and OctaFX is appropriate broker for me, after I tried trading with several brokers. Were you greatly involved in the contest? Did it take lots of your time? 1st place – Mr. Drs. Alimuddin M.Si: I did it part-time and it did not take all my time. I still could work at my job. 2nd place – Mr. Madani: I trade a few hours a day and fortunately OctaFX have platform for android so I could monitor the price at any time. 3rd place – Mr. Rahman Afn: I traded in the contest when at home, during the lunch time and if there was free time at my work, I spent a little time to monitor it, so it did not take much time. The last runner – Mr. Cecep Mahpud: I'm trying to divide my time, because I work as an employee and I tried to focus on forex when trading hours were crowded. What was your most spectacular gain? Have you encountered considerable loss? 1st place – Mr. Drs. Alimuddin M.Si: Advantages were spectacular when I performed BUY with large volume at the lowest price and TP at highest price, and took SELL order with big volume at the highest price and TP in lowest price. 2nd place – Mr. Madani: Nothing spectacular, everything was standard, but most importantly it was consistent. 3rd place – Mr. Rahman Afn: When the movement of the rising and falling of graph is rapid I encounter considerable profit. The last runner – Mr. Cecep Mahpud: Yes, I was getting a valuable lesson from this contest and I suffered more losses when I used long-time strategy. What strategy did you use during the contest? 1st place – Mr. Drs. Alimuddin M.Si: Strategies that I use in trading is a combination of good variety of techniques that I get from various books about Forex as well as from the experience of successful traders. 2nd place – Mr. Madani: My strategy is described by a simple phrase: “Buy at low prices and sell at high prices”. 3rd place – Mr. Rahman Afn: I only use manual analysis strategy with a long-term system. The last runner – Mr. Cecep Mahpud: Sometimes I use a PC or a gadget for trading and use scalping method, and I am always paying attention to the economic calendar. How long does it take to become a good trader? 1st place – Mr. Drs. Alimuddin M.Si: It depends on one’sdiligence what time does it take. 2nd place – Mr. Madani: I think more than 2 years. 3rd place – Mr. Rahman Afn: 6 months may be enough time to become a good trader. The last runner – Mr. Cecep Mahpud: Experience is the most valuable knowledge in forex. To understand the concept it’s needed to learn for 6 months. However to be a good trader it takes a long time as a way to train the tenacity and patience. Feeling like you can beat and outperform others? Prove yourself a better trader - register in OctaFX Champion Demo Contest Round 30! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

OctaFX.com - Bank Wire Transfer! Dear traders! We would like to have you informed that Bank Wire Transfers are now fully available. OctaFX Technical Department in collaboration with Financial Department restored and upgraded the service and our team is glad to notify you that deposits and withdrawals through Bank Wire transfer are ready to use. Before you deposit your funds to your trading accounts, there is one thing we would like to emphasize – bank details have been altered, so please, pay your attention while making deposits and withdrawals. Please wire the funds to and from OctaFX using new bank details available at your Personal Area – if you have some predesigned templates, please, change them accordingly. 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 We Doing our best to ensure your comfortable trading! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

United States 4-Week Bill Auction down to 0.02% from previous 0.03% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

USD/CHF hits fresh 6-month highs FXStreet (Córdoba) - The USD/CHF rose further after Wall Street opening bell and climbed to 0.9110, reaching levels not seen since January 23, slightly above last week highs. Afterwards pulled back and currently is hovering around 0.9100, up 0.37% for the day. Greenback is among the best performers across the board, after rallying in the last hours following better-than-expected US economic data. USD/CHF levels to consider To the upside, immediate resistance lies at 0.9110 (daily high) and above here at 0.9125/30 and 0.9155 (January highs). To the downside, support might be located at 0.9070/75 and below at 0.9050/55. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

GBP/USD falls on Moody's downgrading the outlook for UK's banking system - FXStreet FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik points out that the rally in GBP/USD to 1.6888 seen in the European morning, on better than expected UK data, was reversed by Moody's announcement of changing the outlook for UK's banking system from stable to negative. Key quotes "The pair gave back most of its intraday gains, with the hourly chart showing price struggling around its 20 SMA and indicators heading lower, approaching their midlines." "In the 4 hours chart indicators corrected oversold readings, but now retrace from their midlines, while price halted a couple pips below the 23.6% retracement of the latest bearish run, suggesting upward potential is limited." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

USD/JPY extends gains to 102.90 after a brief rejection FXStreet (San Francisco) - After breaking 102.70 level and testing daily highs at 102.75, the USD/JPY found selling interest that sent the pair to 102.65; however the pair recovered the mood and now it is extending gains to 102.90. Currently, USD/JPY is trading at 102.87, up 0.29% on the day, having posted a daily high at 102.94 and low at 102.46. USD/JPY spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. USD/JPY levels The pair is now focused into 103.00, that works as next resistance ahead of 103.10 and 103.40. On the downside, 102.70, 102.60 and 102.40 are supports. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates

EUR/USD grinds lower on weak EMU Services PMI - FXStreet FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik observes that the EUR/USD fell on Tuesday to 1.3380 following the release of the disappointing Eurozone PMI services numbers. Key quotes "Technically, failure to advance beyond the 23.6% retracement of the 1.3639/1.3366 daily fall has helped discouraging buyers." "The hourly chart presents a strong bearish tone, as indicators continue heading south despite in oversold levels, while price stands now below its moving averages." "In the 4 hours chart technical readings also present a bearish stance, with 1.3366 this year low coming as immediate support in route to 1.3295." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 05, 2014 OctaFX.Com News Updates