OctaFX_Farid

EUR/JPY bounced off near 136.00 FXStreet (Edinburgh) - EUR/JPY is now looking to regain part of the deep pullback during the European morning, finding quite decent support around 136.00 the figure. EUR/JPY capped at 138.00 The cross is coming down from recent peaks in the boundaries of the key handle at 138.00, following the increasing risk appetite in the wake of the FOMC minutes. However, a sustainable break above the 138.00 mark still remains elusive, thus leaving the trade between 136.00 and 138.00. EUR/JPY key levels The cross is now losing 0.36% at 136.35 with the next support at 135.82 (low Sep.8) and then 135.73 (2014 low Aug.8). On the upside, a break above 137.06 (high oct.10) would open the door to 137.51 (cloud top). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Expect further rate cuts in Poland – Danske Bank FXStreet (Edinburgh) - Analysts at Danske Bank assessed the recent decision of the NBP to cut the repo rate by 50 bps, taking it to 2.0%. Key Quotes “Polish rates and yields dropped on the decision while the Polish zloty has lost a bit; however, the move in the zloty was quite limited, in our view”. “We have been calling for monetary easing in Poland for a long time. There were clear signs that the economy has been slowing down while inflation dropped below zero and Poland faces the deepest deflation pressures among other CEE countries”. “Despite the NBP being very reluctant to acknowledge that further easing is needed, the dovish wording has strengthened within the RPP over the past two months and after the September RPP meeting, the central bank clearly signalled that it is ready to cut in October”. “We think that more easing is needed and we expect the NBP to ease monetary policyfurther in the coming months”. “However, given the larger rate cut today, the NBP might take a breather before it cuts again”. “Hence, the NBP might pause in November but it might deliver 25bp in December and more next year”. “When we look at our inflation model, we expect deflation to deepen further in the coming months while economic growth should slow further. This clearly strengthens the case for further easing”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Expect further rate cuts in Poland – Danske Bank FXStreet (Edinburgh) - Analysts at Danske Bank assessed the recent decision of the NBP to cut the repo rate by 50 bps, taking it to 2.0%. Key Quotes “Polish rates and yields dropped on the decision while the Polish zloty has lost a bit; however, the move in the zloty was quite limited, in our view”. “We have been calling for monetary easing in Poland for a long time. There were clear signs that the economy has been slowing down while inflation dropped below zero and Poland faces the deepest deflation pressures among other CEE countries”. “Despite the NBP being very reluctant to acknowledge that further easing is needed, the dovish wording has strengthened within the RPP over the past two months and after the September RPP meeting, the central bank clearly signalled that it is ready to cut in October”. “We think that more easing is needed and we expect the NBP to ease monetary policyfurther in the coming months”. “However, given the larger rate cut today, the NBP might take a breather before it cuts again”. “Hence, the NBP might pause in November but it might deliver 25bp in December and more next year”. “When we look at our inflation model, we expect deflation to deepen further in the coming months while economic growth should slow further. This clearly strengthens the case for further easing”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Fed's Plosser: Policy moves should depend on data FXStreet (Łódź) - Philadelphia Fed president Charles Plosser said on Friday that the FOMC should cease referring in its statements to specific time brackets in which certain policy moves could be made. The actions should rather be dependent on data, such as inflation. Plosser also urged the US Congress to eliminate employment from the Fed's mandate so that it could concentrate on the inflation target. He also suggested that comprehensive policy reports should be presented to Congess on a quarterly basis instead of just twice a year. "Differing views are more transparent than a false consensus," Plosser added finally, which in the opinion of JAmie Coleman from FXBeat might mean that " there might be a bit more division on the FOMC than is apparent." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Fed's Plosser: Policy moves should depend on data FXStreet (Łódź) - Philadelphia Fed president Charles Plosser said on Friday that the FOMC should cease referring in its statements to specific time brackets in which certain policy moves could be made. The actions should rather be dependent on data, such as inflation. Plosser also urged the US Congress to eliminate employment from the Fed's mandate so that it could concentrate on the inflation target. He also suggested that comprehensive policy reports should be presented to Congess on a quarterly basis instead of just twice a year. "Differing views are more transparent than a false consensus," Plosser added finally, which in the opinion of JAmie Coleman from FXBeat might mean that " there might be a bit more division on the FOMC than is apparent." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Spread of Ebola would hurt airline and hospitality industries - Deutsche Bank FXStreet (Łódź) - Andrew Zarnett, Research Analyst at Deutsche Bank looks at the possible consequences of a wider Ebola outbreak. Key quotes "History has shown us that should the Ebola epidemic spread domestically, it will have a significant impact on the airline and the entire hospitality sector." "While, at this juncture, the risk of an outbreak is low, it is still prudent to understand the impact that could occur should the disease begin to spread. Further, it would not just be the physical spread that would have negative connotations but the FEAR from an outbreak that could and would have a larger negative impact on the hospitality sector." "Fear of contagion, very early, would lead to a reduction in people’s willingness to travel, eat in restaurants, drink in bars, and quite frankly do anything social. The addition of masks would become a much-wanted clothing item by many." "Concerns have not affected passenger volume so far. On October 2, 2014, the International Air Transport Association (IATA) stated that there is no evidence that suggest that concerns related to Ebola have been affecting passenger volumes. As per IATA, the worldwide international passenger traffic increased 5.9% yr/yr in August, following a 5.4% gain in July. Demand for North American airlines increased 3.2% in August." "So far, so good. Nevertheless, believe more cases of Ebola or the perception of more cases could lead to an increase in the public fear of contagion." "From an investment perspective we would advise investors to maintain positions in moderate leverage credits with strong liquidity (including cash positions) and long dated maturities. Those credits with weak liquidity and high leverage are clearly at greater risk." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Spread of Ebola would hurt airline and hospitality industries - Deutsche Bank FXStreet (Łódź) - Andrew Zarnett, Research Analyst at Deutsche Bank looks at the possible consequences of a wider Ebola outbreak. Key quotes "History has shown us that should the Ebola epidemic spread domestically, it will have a significant impact on the airline and the entire hospitality sector." "While, at this juncture, the risk of an outbreak is low, it is still prudent to understand the impact that could occur should the disease begin to spread. Further, it would not just be the physical spread that would have negative connotations but the FEAR from an outbreak that could and would have a larger negative impact on the hospitality sector." "Fear of contagion, very early, would lead to a reduction in people’s willingness to travel, eat in restaurants, drink in bars, and quite frankly do anything social. The addition of masks would become a much-wanted clothing item by many." "Concerns have not affected passenger volume so far. On October 2, 2014, the International Air Transport Association (IATA) stated that there is no evidence that suggest that concerns related to Ebola have been affecting passenger volumes. As per IATA, the worldwide international passenger traffic increased 5.9% yr/yr in August, following a 5.4% gain in July. Demand for North American airlines increased 3.2% in August." "So far, so good. Nevertheless, believe more cases of Ebola or the perception of more cases could lead to an increase in the public fear of contagion." "From an investment perspective we would advise investors to maintain positions in moderate leverage credits with strong liquidity (including cash positions) and long dated maturities. Those credits with weak liquidity and high leverage are clearly at greater risk." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Spread of Ebola would hurt airline and hospitality industries - Deutsche Bank FXStreet (Łódź) - Andrew Zarnett, Research Analyst at Deutsche Bank looks at the possible consequences of a wider Ebola outbreak. Key quotes "History has shown us that should the Ebola epidemic spread domestically, it will have a significant impact on the airline and the entire hospitality sector." "While, at this juncture, the risk of an outbreak is low, it is still prudent to understand the impact that could occur should the disease begin to spread. Further, it would not just be the physical spread that would have negative connotations but the FEAR from an outbreak that could and would have a larger negative impact on the hospitality sector." "Fear of contagion, very early, would lead to a reduction in people’s willingness to travel, eat in restaurants, drink in bars, and quite frankly do anything social. The addition of masks would become a much-wanted clothing item by many." "Concerns have not affected passenger volume so far. On October 2, 2014, the International Air Transport Association (IATA) stated that there is no evidence that suggest that concerns related to Ebola have been affecting passenger volumes. As per IATA, the worldwide international passenger traffic increased 5.9% yr/yr in August, following a 5.4% gain in July. Demand for North American airlines increased 3.2% in August." "So far, so good. Nevertheless, believe more cases of Ebola or the perception of more cases could lead to an increase in the public fear of contagion." "From an investment perspective we would advise investors to maintain positions in moderate leverage credits with strong liquidity (including cash positions) and long dated maturities. Those credits with weak liquidity and high leverage are clearly at greater risk." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

USD/CHF climbs above 0.9560 FXStreet (Córdoba) - Greenback gained momentum across the board and pushed USD/CHF to the upside, back to the levels it had before FOMC minutes. The pair rose above 0.9550 and printed a fresh daily high at 0.9579. Afterwards pulled back and it was trading at 0.9567, up 0.25% for the day so far as stocks fall around the world, with Dow Jones futures down 2%. USD/USD still down for the week From Thursday's lows the pair has risen more than a hundred pips, but despite the recovery it still trading below the level it had a week ago. On Monday reached a fresh 1-year high at 0.9685 but then moved with a downside bias and bottomed on Thursday at 0.9468, the lowest since September 26. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

USD/CHF climbs above 0.9560 FXStreet (Córdoba) - Greenback gained momentum across the board and pushed USD/CHF to the upside, back to the levels it had before FOMC minutes. The pair rose above 0.9550 and printed a fresh daily high at 0.9579. Afterwards pulled back and it was trading at 0.9567, up 0.25% for the day so far as stocks fall around the world, with Dow Jones futures down 2%. USD/USD still down for the week From Thursday's lows the pair has risen more than a hundred pips, but despite the recovery it still trading below the level it had a week ago. On Monday reached a fresh 1-year high at 0.9685 but then moved with a downside bias and bottomed on Thursday at 0.9468, the lowest since September 26. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Ten-year yields decline in Europe and US FXStreet (Mumbai) - The concerns of global economic slowdown triggered by the disappointing International Monetary Fund (IMF) forecasts and by the shockingly weak German economic data has pushed the benchmark bond yields in the US and Europe lower. The ten-year yield in Germany is trading one basis point lower at 0.878, after having hit a record low of 0.859 yesterday. On similar lines, the French ten-year bond yield is trading weak at 1.245, which has been acting as a strong support for the last 7 sessions. Meanwhile, the ten-year yield in the UK is down two basis points to 2.20%. In the US, the ten-year treasury yield is trading near August lows of 2.3, after hitting a high of 2.348. Interestingly, the two-year treasury yield has gained 1.75% to trade at 0.46. The two year note yield, a barometer of short term expectations, is up indicating that markets are pricing-in an early interest rate hike after the hawkish statement of Fed official Bullard. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Ten-year yields decline in Europe and US FXStreet (Mumbai) - The concerns of global economic slowdown triggered by the disappointing International Monetary Fund (IMF) forecasts and by the shockingly weak German economic data has pushed the benchmark bond yields in the US and Europe lower. The ten-year yield in Germany is trading one basis point lower at 0.878, after having hit a record low of 0.859 yesterday. On similar lines, the French ten-year bond yield is trading weak at 1.245, which has been acting as a strong support for the last 7 sessions. Meanwhile, the ten-year yield in the UK is down two basis points to 2.20%. In the US, the ten-year treasury yield is trading near August lows of 2.3, after hitting a high of 2.348. Interestingly, the two-year treasury yield has gained 1.75% to trade at 0.46. The two year note yield, a barometer of short term expectations, is up indicating that markets are pricing-in an early interest rate hike after the hawkish statement of Fed official Bullard. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Canada: Unemployment rate (Sep) fell to 6.8% FXStreet (Edinburgh) -The Canadian jobless rate has ticked lower during September, falling to 6.8% from 7% previous and forecasted. The Net Change in Employment jumped to 74.1K from August’s drop of 11K. The Participation Rate stayed put at 66%. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Canada: Unemployment rate (Sep) fell to 6.8% FXStreet (Edinburgh) -The Canadian jobless rate has ticked lower during September, falling to 6.8% from 7% previous and forecasted. The Net Change in Employment jumped to 74.1K from August’s drop of 11K. The Participation Rate stayed put at 66%. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

Canada: Unemployment rate (Sep) fell to 6.8% FXStreet (Edinburgh) -The Canadian jobless rate has ticked lower during September, falling to 6.8% from 7% previous and forecasted. The Net Change in Employment jumped to 74.1K from August’s drop of 11K. The Participation Rate stayed put at 66%. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

United States Export Price Index (YoY) down to -0.2% in September from previous 0.4% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 10, 2014 OctaFX.Com News Updates

OctaFX.com-OctaFX introduces new trading platform - cTrader! We would like our customers to take a step towards new standards in FX trading with OctaFX! We are proud to announce tremendous improvement – OctaFX launches trading with cTrader platform! “We are glad to make this advancement and help you to enrich your trading experience!” IT Department team Developed for ECN trading, cTrader provides full STP access to the currency trading markets. You can trade directly with prominent global banks. Dealing desk intervention is impossible, guaranteeing you a new level trading field that helps you reach your goals. cTrader provides fastest entry and execution, orders are filled in just milliseconds. cTrader also supports simultaneous order processing. Among the most innovative features that you will discover using cTrader, there are: Level II Pricing – view full range of executable prices coming directly from liquidity providers. Orders are filled against the full order book using Volume Weighted Average Price (VWAP). Advanced Chart Trading – use charts as your trading tool! Open and close orders, as well as modify stop losses, take profits and limit order entries by simply utilizing click-and-drag function. Use fully functional Tick charts. With QuickTrade advancement one click and double click trading are available from the top of every chart. You can also make ChartShots and share them instantly! Multiple Accounts – Trade with as many accounts and different base currencies as you like. Switch between multiple demo and live accounts in two clicks using the Account Bar. Trading Sessions – cTrader always shows you which trading markets (e.g. London, Tokyo, New York) are currently in session – clearly displayed at the bottom of the platform. Templates – cTrader makes it easier than ever to create and save chart templates for future use both in cTrader and cAlgo. In addition to сTrader in desktop version and apps for iOS and Android, there are: cTrader WEB – cTrader in your browser. Now you can receive the best in FX trading, from any computer with internet access. cAlgo – developed for algorithmic trading and lets you build trading cBots and custom technical indicators using C#. cTrader and cAlgo are integrated and work effortlessly together to provide a seamless trading experience between manual and automated trading. Excited to know more? Compare trading platforms OctaFX provides here. Try cTrader and stay tuned – we have prepared something big for cTrader users! Stand out for outstanding with OctaFX! OctaFX a multi awards winning broker!

Session Recap: USD weakness persists FXStreet (Córdoba) - Broad-based USD weakness remains the theme of the day while global equities rise after the FOMC minutes came in more dovish than expected. Meanwhile in Europe, the German trade surplus disappointed while the Bank of England decided to keep its monetary policy on hold. EUR/USD rose toward 1.2800 before running out of momentum while GBP/USD regained the 1.6200 level but lacked follow-through. USD/JPY extended its correction and hit a fresh 3-week low of 107.60. AUD/USD faltered ahead of the 0.8900 level as USD/CAD consolidates right above 1.1100. Dovish FOMC minutes added pressure on the greenback that was already in a corrective phase following a 12-week rally versus majors competitors. During the New York session, US weekly jobless claims are expected to rise to 294K, while August wholesale inventories climb 0.3%, while several FOMC members are expected to make remarks today. Main Headlines in Europe: What’s the sentiment around EUR/USD today? – Commerzbank and OCBC Bank Germany: Trade surplus narrows to €17.5B in August US Ten-year yield near August lows Brent Crude Oil in bears’ grip ECB Monthly Report: ECB ready to take further measures if necessary Bitcoin gains for the fourth consecutive day Gold inches closer to resistance BoE keeps policy unchanged OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 09, 2014 OctaFX.Com News Updates

GBP/USD in fresh highs post-BoE FXStreet (Edinburgh) - The pound keeps the good mood on Thursday, taking GBP/USD to levels around 1.6215/20, printing new session peaks. GBP/USD neutral following the BoE Spot almost bypassed today’s BOE MPC meeting, after the ‘Old Lady’ left unchanged both the asset purchase facility and the repo rate at £375 billion and 0.5%, respectively. The outcome was largely expected by market participants and well priced in in the recent GBP performance. Traders will now look to the more significant BoE minutes (due in a couple of weeks) for further clues regarding the next rate hike and the slack in the labour market, amongst another key issues in the British economy. GBP/USD levels to watch At the moment the pair is up 0.26% at 1.6211 and a breakout of 1.6234 (50% of 1.6525-1.5943) would target 1.6235 (21-d MA) en route to 1.6252 (high Oct.1). On the down path, the immediate support lines up at 1.6154 (10-d MA) followed by 1.6115 (Tenkan Sen) and then 1.6032 (low Oct.8). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 09, 2014 OctaFX.Com News Updates

OctaFX.com-OctaFX Champions on how they mastered Round 30! Exciting comments from Round 30 participants arrived, but first, let us remind you the names of four winners! 1st place – Mr. Edi Santoso from Indonesia 2nd place – Mr. Ranesh Thenuwara from Shri Lanka 3rd place – Mrs. Annisa Nurul Koesmarini from Indonesia The last runner – Mr. Aleksandr Suknitsky from Netherlands How do you feel being an OctaFX Champion? 1st place – Mr. Edi Santoso: I feel very happy, and hopefully in the future I can be even better. 2nd place – Mr. Ranesh Thenuwara: Wow I feel good. 3rd place – Mrs. Annisa Nurul Koesmarini: I really did not expect to win, totally unpredictable and beyond my expectations. Frankly, I was very happy when on Friday, September 26, I realized that my ranking jumping up into the big 3. After I close all positions on that day, I just hope no one was overtaking my position. And, as it turns out, it actually happened, when I got an email notification from OctaFX. What is the key factor to your success? Why are you better than everyone else? 1st place – Mr. Edi Santoso: Patience is, and ability of not being hasty when doing open position, and being careful while analyzing. 2nd place – Mr. Ranesh Thenuwara: Market trend influences my success. 3rd place – Mrs. Annisa Nurul Koesmarini: My success factors, may be practically just a little analysis and a little luck. I am very confident when I open position on that pair. Then, I open a position with improved margins, which I guess is enough to be able to withstand the brunt of the storm so, I make sure not to be exposed to margin call, even if I do not open the chart for a week. That's it. What was your strategy? Have you developed a perfect plan or tried various techniques? 1st place – Mr. Edi Santoso: Strategies that I use quite simple, just using the default MT4 indicators. That's it. 2nd place – Mr. Ranesh Thenuwara: My strategy is candlestick pattern. 3rd place – Mrs. Annisa Nurul Koesmarini: I used to try Scalping and Intraday techniques in my real account, but the results are less effective and less efficient. Now, I try not to always look at the chart, and I combine it with some cliché but important techniques, which may have been known by traders, such as money management and position sizing, and the result is quite good and not disappointing for people who only see the chart only 3 times during the contest. How long does it take to become a good trader? 1st place – Mr. Edi Santoso: It depends on our perseverance in learning about the market. 2nd place – Mr. Ranesh Thenuwara: Two years. 3rd place – Mrs. Annisa Nurul Koesmarini: To be a good trader, I think it requires 3 to 6 months, if every day, you diligently read the success tips from successful traders of the world, often practicing, brainstorming, discussing with people whose lives rely on trading only. Then, try different weapons and try out various styles and eventually find a suitable and convenient for you. Clearly, when the factor of 10,000 hours of process you have taken, I'm sure you're familiar with youself, and can become a good trader. If you do not take the time every day, the exact time it takes to become a good trader could be much longer, could be 1-5 years. All depends on your willingness and commitment. Simple. OctaFX thanks all the contestants for participation and our interviews for sharing their success stories! Register in Round 32 of OctaFX Champion demo contest to see your name in our news! 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!

Bitcoin bulls lack strength FXStreet (Mumbai) - The pullback in Bitcoin prices after the weekend’s slump has been lackluster so far, as the prices repeatedly fail to penetrate through 340-345 levels. Bitcoin has come under pressure, off-late on threats that it may be brought under the regulatory framework. Despite the skepticism over the usefulness of Bitcoin, Silicon Valley investors have poured money into the Bitcoin wallet sector. Blockchain, the most popular Bitcoin wallet service, announced Tuesday that it has raised $30.5 million in a Series A round, marking one of the largest funding rounds of any Bitcoin startup to date. Bitcoin technical levels Bitcoin has a resistance of 343 and 350 while the support is located at 299 and 285. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 08, 2014 OctaFX.Com News Updates

OctaFX.com-50% Bonus on each Deposit! OctaFX is all about making your trading experience convenient and outstanding, driving forex trading to a whole new level. Deposit to your account and we will give you a bonus of 10% to 50% of your deposit for free! This is a perfect way to increase total amount of funds in your account. All you need to do is deposit to your real account and verify it. Please carefully read the promotion rules below Promotion rules 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!

OctaFX.com-Happy Eid al-Adha to the whole muslim comunity! OctaFX team would like you to accept our sincere congratulations on the Feast of the Sacrifice! We wish you to spend these sacred days of one of the greatest holidays in Islam with your family and friends in happiness and harmony. Let your home prosper, your wishes be fulfilled and all your hopes and prayers be heard by Allah. During these days of celebration spread your kindness and love amongst your neighbours, friends. We believe your good-natured deeds will bring mutual understanding Let your actions these days serve the greater cause and be beneficial. We hope that compassion, generosity and peace will follow your steps in your everyday life. Let this Feast of Sacrifice be bright, effervescent and sincere, and become memorable for a long time. OctaFX CEO shared with us the most cordial congratulations – “On the occasion of upcoming holiday I would like to give my candid regards to our Muslim clients with a wish to spend their Sacred Sacrifice day in a good health, surrounded by delighted family and friends to their own satisfaction and to the well-being of the whole Muslim community”. Happy Eid al-Adha! 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!

OctaFX.com-Happy Eid al-Adha to the whole muslim comunity! OctaFX team would like you to accept our sincere congratulations on the Feast of the Sacrifice! We wish you to spend these sacred days of one of the greatest holidays in Islam with your family and friends in happiness and harmony. Let your home prosper, your wishes be fulfilled and all your hopes and prayers be heard by Allah. During these days of celebration spread your kindness and love amongst your neighbours, friends. We believe your good-natured deeds will bring mutual understanding Let your actions these days serve the greater cause and be beneficial. We hope that compassion, generosity and peace will follow your steps in your everyday life. Let this Feast of Sacrifice be bright, effervescent and sincere, and become memorable for a long time. OctaFX CEO shared with us the most cordial congratulations – “On the occasion of upcoming holiday I would like to give my candid regards to our Muslim clients with a wish to spend their Sacred Sacrifice day in a good health, surrounded by delighted family and friends to their own satisfaction and to the well-being of the whole Muslim community”. Happy Eid al-Adha! 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: BoJ could play its part in supporting the upward trend - Commerzbank FXStreet (Córdoba) - According to Thu Lan Nguyen, analyst at Commerzbank in the coming week, the Bank of Japan could play its part in supporting the upward trend in USD/JPY by fuelling speculation about further expansionary measures. Key Quotes “The upward trend in USD/JPY may also gain support from the Japanese side in the coming week though, as the monetary policy meeting of the Bank of Japan (BoJ) ends on Tuesday and, given the disappointing inflation trend so far, speculation about further expansionary measures from the central bank at the end of this month has increased (BoJ meeting on 31 October)”. “We believe that the BoJ will not reach its inflation target and therefore will ultimately decide in favour of further large-scale asset purchases. That said, we do not expect such a step until early next year as the BoJ will probably allow itself time to be able to better estimate the inflation trend.” “Nonetheless, the BoJ’s rhetoric will change. While it has been quite optimistic about the outlook for the economy and inflation so far, it is likely to be more cautious on inflation now given the downside risks. This should fuel speculation about further expansionary measures and weigh on the JPY”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Oct 03, 2014 OctaFX.Com News Updates