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EUR/NOK to fall below 8.00 this year - UBS FXStreet (Córdoba) - The UBS analyst team commented that they stick to their view EUR/NOK will fall below 8.00 later this year even after the Norges Bank postponed its forecast for the first rate rise to Q3 2016. Key Quotes “The Norges Bank surprised by postponing their forecast for their first rate hike to Q3 2016 (previously summer 2015)”. “This was based on two factors: a lower outlook for interest rates in the euro, amongst others, and weaker expected oil investments. Given the uncertainty surrounding the latter, this move strikes us as overdone”. “EUR/NOK jumped to 8.30, but unless we see confirmation for fundamentally lower growth potential, we stick to our view of EUR/NOK falling below 8.00 later this year”.." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 20, 2014 OctaFX.Com News Updates

Pound remains the strongest and price action confirms it - FXStreet FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik points out that the GBP is still the strongest among majors and price action confirms it. Key quotes "Some mild weak numbers were so far not enough to affect the strength of the currency, and it will take more than a month of disappointing readings to take it down." "In the meantime, market will continue pricing in a rate hike by the ends of this year, and positive macro data will only fuel the rally." "For this week, the UK will offer inflation hearings and its financial stability report, but the key event will be GDP readings on Friday: a strong final number for the quarter, currently at 0.8% should continue to support the bullish trend in the midterm." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 20, 2014 OctaFX.Com News Updates

EUR/USD retraces half of weekly gains FXStreet (Córdoba) - The EUR/USD finally failed to sustain gains and dipped back below the 1.3600 mark at the beginning of the American session. The EUR/USD erased not only its daily advance but alseo yesterday’s rise, sliding all the way back to the 1.3575 area amid some profit taking flows ahead of the weekend and crosses (EUR/CAD & EUR/GBP)weighing. At time of writing, the EUR/USD is trading at 1.3580, down 0.18% on the day, although still headed for a weekly gain of 0.29%. The US dollar came under pressure Wednesday after a more dovish than expected Fed stance fueled expectations it will take a while before the bank starts hiking rates. EUR/USD technical levels In terms of technical levels, the EUR/USD could find next supports at 1.3565 (10-day SMA), 1.3540 (Jun 18 low) and 1.3500 (psychological level). On the other hand, resistances are seen at 1.3642 (Jun 19 high), 1.3663 (200-day SMA) and 1.3700 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 20, 2014 OctaFX.Com News Updates

Mexico Retail Sales (MoM) increased to 1.1% in April from previous 0.8% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 20, 2014 OctaFX.Com News Updates

Slight upside risk to Canada's headline CPI - TD Securities FXStreet (Łódź) - Tim Davis, Vice President and Global Strategist at TD Securities, expects the Canadian all-items CPI for May to increase by 0.2% m/m in May, due in large part to seasonal factors, while the core index is forecast to increase by 0.3% m/m. Key quotes "On a year-ago basis headline inflation should remain unchanged at 2.0% while core should nudge higher to 1.5%." "There is a slight upside risk to headline inflation and if our forecast is realized, both headline and core inflation in Q2 will run ahead of what the Bank of Canada had forecast in the April MPR." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 20, 2014 OctaFX.Com News Updates

Slovakia Unemployment Rate dipped from previous 13% to 12.8% in May Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 20, 2014 OctaFX.Com News Updates

OctaFX.com-OctaFX becomes Best Broker Eastern Europe and Central Asia! Our awards list is growing and we are happy to let you know that OctaFX received two more prestigious awards from the leading experts in this rapidly changing industry! Now we are officially recognized as Best Broker Eastern Europe and Best Broker Central Asia by Forex Report magazine! Forex Report magazine is Forex Industry’s number one resource providing traders with the most accurate information on trading tools, strategies, and leading brokerage companies. Each year, Forex Report’s dedicated research team analyses and assesses brokers, traders, and the latest technologies available on the market. Forex Report Awards celebrate industry innovators, those that provide the best in customer service, and those at the forefront of one of the world’s most competitive markets, and we are happy to be an essential part of the winners list. OctaFX team would like to thank Forex Report team for this high evaluation of our daily efforts of becoming the best in the industry. However, first and foremost, we would like to express our gratitude to our invaluable clients - you are a source of inspiration that pushes us forward, making our path filled with achievements! Thank you for all the support, it helps us target new outstanding aims to make your trading experience more convenient. You can find the full list of our awards here. Stay tuned for more news from your multi-awarded Forex broker! Thank you for choosing OctaFX as your top-notch Forex Broker.

EUR/USD in ranges above 1.3600 FXStreet (Córdoba) - The EUR/USD has remained steady in the last hours, moving sideways above 1.3600. The pair peaked during the European session at 1.3642 and then pulled back to 1.3614. During the last six hours it has been moving in a range between 1.3614 and 1.3640, consolidating above 1.3600, headed toward the second gain in a row and to the highest daily close since June 6. EUR/USD gains momentum, but still far from 1.40 The FOMC statement released yesterday weakened the US dollar, favoring the downside in the EUR/USD. But despite rising more than 70 pips in the last two days still remains far from May highs. According to the Global Markets Research Team at the Bank of Tokyo Mitsubishi UFJ the recent package of monetary easing measures announced by the ECB has helped to reduce the scale of euro overvaluation, pushing the EUR/USD to the downside from near 1.4000. “The euro is now more modestly overvalued against the US dollar by around 5%. It supports our view that the euro will likely continue to gradually weaken in the year ahead as loosening ECB policy helps to further ease euro overvaluation”, the Team affirmed. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 19, 2014 OctaFX.Com News Updates

EU's Rehn: EU Member States should respect fiscal pact FXStreet (Łódź) - European Commissioner for Economic and Monetary Affairs Olli Rehn assured on Thursday that the EU fiscal pact is sufficiently flexible and that it is important for EU Member States to respect it. He suggested that at the upcoming Eurogroup meeting in Louxembourg, which will be his last as EU Commissioner, Finance Ministers would most probably focus on the fairness of EU fiscal rules. Rehn also said that France is expected to meet the EU deficit objective next year. Moreover, he added that Greece should meet bailout requirements with delays but that it would return to the correct fiscal path. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 19, 2014 OctaFX.Com News Updates

Mexico Private Spending (QoQ) rose from previous 0.1% to 0.2% in 1Q Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 19, 2014 OctaFX.Com News Updates

EUR/GBP points to consolidation – Westpac FXStreet (Edinburgh) - The cross would now attempt to consolidate the recent decline, before embarking in the next trip lower, commented analysts at Westpac. Key Quotes “The BoE’s minutes flagged the risk that growth may not slow as much as the BoE expects but lacked the hawkish smoking gun markets were looking for”. “EUR/GBP has come a long way now and positioning is arguably heavily short”. “EUR/GBP probably needs to consolidate recent losses for a while yet before the next down leg commences”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 19, 2014 OctaFX.Com News Updates

Not much to get worried about in UK retail sales data - TD Securities FXStreet (Łódź) - Tim Davis, Vice President and Global Strategist at TD Securities, comments on the UK retail sales data released earlier on Thursday, saying that looking through the details there's not much to get worried about. Key quotes "Fuel and especially food were the big downsides while most other components rose on the month. The food side is some unwind from the Easter adjustments still, and whatever World Cup effect there was in May (with football shirts selling well) will be even better in June, especially into some of the higher value items like TVs." "There was also evidence of decent discounting from retailers on the month which overall would continue to point to decent purchasing power from consumers." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 19, 2014 OctaFX.Com News Updates

Not much to get worried about in UK retail sales data - TD Securities FXStreet (Łódź) - Tim Davis, Vice President and Global Strategist at TD Securities, comments on the UK retail sales data released earlier on Thursday, saying that looking through the details there's not much to get worried about. Key quotes "Fuel and especially food were the big downsides while most other components rose on the month. The food side is some unwind from the Easter adjustments still, and whatever World Cup effect there was in May (with football shirts selling well) will be even better in June, especially into some of the higher value items like TVs." "There was also evidence of decent discounting from retailers on the month which overall would continue to point to decent purchasing power from consumers." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 19, 2014 OctaFX.Com News Updates

OctaFX Champion - A Splendid Demo Contest from your top Broker! Current update of OctaFX Champion Demo Contest! *Currently our top contestant Gerson25 from Brasil has piled up with Equity/Balance $154 412.51. So, come and snatch the opportunity and be the part of matchless traders. Contests schedule Current round (EET) Registration: Apr 28, 2014 01:00 - Jun 2, 2014 01:00 Duration: Jun 2, 2014 01:00 - Jun 28, 2014 01:00 Next round (EET) Registration: Jun 2, 2014 01:00 - Jun 30, 2014 01:00 Duration: Jun 30, 2014 01:00 - Jul 26, 2014 01:00 Please visit here to see full contestants list http://www.octafx.com/contests/octafx-champion/rating/ 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!

United States Fed Interest Rate Decision: 0.25% (June 18) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 18, 2014 OctaFX.Com News Updates

NZD/USD hit fresh highs before FOMC FXStreet (Córdoba) - The NZD/USD rose further after Wall Street opening and climbed to 0.8688, hitting the strongest level in two days. The pair holds near the highs ahead of the FOMC statement, to be released in a few minutes. The Kiwi is among the best performers on Wednesday and is rising across the board. NZD/USD approaches 0.8700 During the last days the pair has been trading in a range below 0.8700. The mentioned level is an important resistance that capped the rally from 0.8410. If it breaks above 0.8700 it would be trading at 6-week highs. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 18, 2014 OctaFX.Com News Updates

AUD/USD quiet, in a 20 pips range FXStreet (Córdoba) - The AUD/USD climbed to 0.9347 after Wall Street opening, hitting a fresh daily high and currently trades at 0.9338, marginally higher for the day. The currency market remains calm and quiet, with low volatility ahead of the FOMC statement. The Aussie is rising against the US dollar but is moving in a small trading range between 0.9330 and 0.9345, consolidating after losing more than 60 pips on Tuesday. AUD/USD holds despite weak AUD The Australian Dollar is among the worst performers on Wednesday so far but a falling Greenback is giving support to the AUD/USD. Against the Kiwi is trading at the lowest level in 4-weeks; the AUD/NZD broke below 1.0770 and tumbled to 1.0755. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 18, 2014 OctaFX.Com News Updates

AUD/USD quiet, in a 20 pips range FXStreet (Córdoba) - The AUD/USD climbed to 0.9347 after Wall Street opening, hitting a fresh daily high and currently trades at 0.9338, marginally higher for the day. The currency market remains calm and quiet, with low volatility ahead of the FOMC statement. The Aussie is rising against the US dollar but is moving in a small trading range between 0.9330 and 0.9345, consolidating after losing more than 60 pips on Tuesday. AUD/USD holds despite weak AUD The Australian Dollar is among the worst performers on Wednesday so far but a falling Greenback is giving support to the AUD/USD. Against the Kiwi is trading at the lowest level in 4-weeks; the AUD/NZD broke below 1.0770 and tumbled to 1.0755. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 18, 2014 OctaFX.Com News Updates

USD/CAD holds above 1.0855 ahead of the FED FXStreet (Córdoba) - The USD/CAD remains quiet on Wednesday, as investors await for the FOMC statement and Yellen’s press conference. The Loonie is falling modestly against the US dollar for the second day in a row, but trading remains limited. Currently the pair trades at 1.0866, up 0.06% for the day, moving in a range below 1.0875 and above 1.0855. USD/CAD technical outlook According to FX Analysts at TD Securities, the pair is picking up more support on the short term chart but the market remains essentially range-bound. “We look for a little more topside progress over the course of the session but we still have to think that near-term gains will struggle to push on through resistance in the high 1.08s for the moment”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 18, 2014 OctaFX.Com News Updates

Dovish BoE Minutes weigh on GBP/USD - FXStreet FXStreet (Barcelona) - As FXStreet Chief Analyst Valeria Bednarik points out, GBP/USD has lost some ground amid dovish BoE Minutes that have shown no change in the votes, down to 1.6931 on the day, but the pair is back at 1.6950 currently. Key quotes "The hourly chart shows a mild bearish tone, as per price holding below its 20 SMA and indicators in negative territory, while the 4 hours chart shows indicators turning also lower around their midlines." "Price has stood above post Carney’s wording on rate hikes high, so the upside continues to be favored, with a break above 1.7000 still required to confirm a new leg up." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 18, 2014 OctaFX.Com News Updates

OctaFX.com- MyFXbook Demo Contest is successfully launched! MyFXbook Demo Contest sponsored by OctaFX has kicked off! Since the day of registration announcement at octafx.com, the number of contestants doubled, and we welcome every single trader – whether you are a novice or an expert, whether you are willing to get to know OctaFX better or being our dedicated client for years! While $5000 prize fund is still waiting for three lucky winners, 3015 registered contestants shot to victory! At the official page of the contest at myfxbook.com you can find all the information related to the contest: See current statistics to know 10 current leaders Watch most crucial changes in traders’ positions View every participant’s trading profile Participate in the discussion of the contest and read other traders’ opinions on it Review contestants’ latest activity Get back to contest rules and conditions While it remains to be seen who of 3015 contestants will secure three main positions, it is crystal clear that the contest itself is thrilling and the race for the victory gripped every trader’s mind! In case you have any questions concerning trading conditions and contest rules, feel free to address our award-winning Customer Support – the team will be happy to help you and answer all your questions. All the contest rules and conditions can be reviewed at official page of the contest at myfxbook.com. Good luck and let the strongest win! 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- MyFXbook Demo Contest is successfully launched! MyFXbook Demo Contest sponsored by OctaFX has kicked off! Since the day of registration announcement at octafx.com, the number of contestants doubled, and we welcome every single trader – whether you are a novice or an expert, whether you are willing to get to know OctaFX better or being our dedicated client for years! While $5000 prize fund is still waiting for three lucky winners, 3015 registered contestants shot to victory! At the official page of the contest at myfxbook.com you can find all the information related to the contest: See current statistics to know 10 current leaders Watch most crucial changes in traders’ positions View every participant’s trading profile Participate in the discussion of the contest and read other traders’ opinions on it Review contestants’ latest activity Get back to contest rules and conditions While it remains to be seen who of 3015 contestants will secure three main positions, it is crystal clear that the contest itself is thrilling and the race for the victory gripped every trader’s mind! In case you have any questions concerning trading conditions and contest rules, feel free to address our award-winning Customer Support – the team will be happy to help you and answer all your questions. All the contest rules and conditions can be reviewed at official page of the contest at myfxbook.com. Good luck and let the strongest win! 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!

Dollar strength sends USD/JPY back above 102.00 - FXStreet FXStreet (Barcelona) - As FXStreet Chief Analyst Valeria Bednarik remarks, post-CPI dollar strength sent USD/JPY back above the 102.00 figure, with the hourly chart showing price advanced up to its 200 SMA where it halted. Key quotes “The hourly chart shows a strong upward momentum coming from technical readings, albeit this area has proved tough over the last few days.” “In the 4 hours chart technical readings present a mild positive tone, yet some follow through past 102.35 is require to confirm a stronger advance in the short term. ” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 17, 2014 OctaFX.Com News Updates

USD/JPY trading at weekly high FXStreet (London) - Following better than expected US CPI data, USD/JPY has pushed on to post a weekly high at 102.23. USD/JPY led higher by US inflation data While the main act this week is undoubtedly the FOMC meet tomorrow, US CPI numbers led the way this afternoon, coming in better than expected YoY CPI bettering expectations at 2.1%/2% and MoM 0.4%/0.2%. CPI ex Food and Energy also beat expectations too. However, both Housing Starts and Building permits missed forecasts and declined on previous. The pair had had a choppy start to the days trading, climbing to post an overnight high at 102.02 before retracing into a range throughout the European session. However, US data gave the pair the impetus to crack on higher to post a high at 102.23. Dating back to June 12th, the pair has faced resistance just above the 102 mark, but managed to get its head above the June 12th and 13th highs at 102.14. Spot has edged back from highs and is finding support at the 1H 200 SMA at 102.20. USD/JPY Technicals USD/JPY is up 0.36% on the day at 102.19, having previously posted a daily high at 102.26 and a low at 101.81. The hourly FXStreet OB/OS Index is showing overbought conditions, alongside the FXStreet Trend Index which is slightly bullish. Meanwhile, daily RSI is in neutral territory at 45.59. Hourly 2-Standard Deviation Volatility Bandwidth is currently 38 pips, and has been expanding, while the ATR (14) is currently 6 pips. On a daily chart, 2-Standard Deviation Volatility Bandwidth is shrinking at 152 pips. USD/JPY Levels Current price is 102.20, with resistance ahead at 102.22 (Daily 100 SMA), 102.26 (Daily High), 102.28 (Daily Classic R2), 102.35 (Weekly High) and 102.46 (Daily Classic R3). To the downside we see next support at 102.19 (Hourly 200 SMA), 102.11 (Yesterday's High), 102.10 (Weekly Classic PP), 102.08 (Daily 20 SMA) and 102.06 (Daily Classic R1). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 17, 2014 OctaFX.Com News Updates