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Commodities Brief: NFP’s see dollar strength and metals offered FXstreet.com (London) - The commodities, specifically precious metals, are offered and reacting to the dollar Brent Crude The Brent has been bid since the decline of the dollar and indeed was stabilised ahead of what printed as a relatively benign NFP’s differential between expectations and actual readings. The commodity traded above $104.00 this morning GMT. With the release of the numbers, 175k against expectations of 170k, the price in Brent has maintained a support line of above $104 and is likely to be reactive and attractive to investors and speculators driving prices higher in the back drop of a weaker dollar. For the time being the dollar has remained within relatively tight ranges since the numbers. Metals offered The precious metals have shed some of its gains correlated to the price actin in the currency markets and the dollar. The dollar has grasped onto territory as the ef="">NFP’s offered a better print than which was expect by traders today. The numbers were slightly better, but good enough to see the dollar strengthen across the board, albeit only marginally in comparison to yesterdays slide. Gold is trading much lower though to the $1,387, near enough pairing the gains made yesterday after the dollar onslaught. Silver is trading 22.45 and below the support line for the year at lowest levels since 2010. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 7, 2013 OctaFX.Com News Updates

OctaFX Champion Demo Contest Current Update of OctaFXChampion Demo Contest! currently our top contestant bayi_imoet from Indonesia has piled up with Equity $53 944.08. So, let see who will grab the opportunity and be the winner. Contest rules and regulations Start Now! 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!

Flash: Poor Trade data keeps pressure on AUD - Societe Generale FXstreet.com (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that Thursday started with poor trade data in Australia that have simply continued the AUD's downward trend. The RBA policy statement was a green light for AUD bears and they are using it to keep right on going. He writes, “The move has only just begun and remains the best way of positioning for softer Chinese growth, continued re-balancing in the Chinese economy and for the risk of capital flows and yuan depreciation if the Fed does start tapering and drives US yields much higher by year end (see this morning's economics piece).” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 6, 2013 OctaFX.Com News Updates

USD/CAD recovers the level of 1.0324/30 FXstreet.com (Barcelona) - The USD/CAD exchange rate recovered the mark of 1.0324/30 after the release of US data Thursday. In the United States, Initial Jobless Claims (June 1) came in at 346K, against expectations of 345K. In addition, Continuing Jobless Claims (May 25) yielded a figure of 2.952M, relative to estimates calling for 2.975M. After the recent recovery, the USD/CAD is still trading negatively at -0.15%. According to Gareth Berry, a Research Analyst at UBS, “Resistance for the USD/CAD pair is at 1.0388, a break above which would open the way to 1.0451 and then 1.0524 – support is at 1.0328 ahead of 1.0262, indicating a bullish intraday bias.” “Based on the charts, the USD/CAD’s slide below short-term support just under 1.0300 at the start of the week has yielded naught, so far. Instead, the quick snap higher again through mid-week makes the downside move look like a false break and the bigger picture look still relatively constructive. We think 1.0295/1.03 is firm short-term support now. Short-term price signals suggest the intraday low may be in already. We look for gains to 1.0375/85.” recommends the TD Securities Team. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 6, 2013 OctaFX.Com News Updates

OctaFX .com-OctaFX wins “Best broker Central and Eastern Europe” and “Best Broker Central Asia” at the World Finance Awards 2013 Our priority has always been providing the most comfortable trading experience for our clients. Undoubtedly, the most desired and treasured award for us is recognition by our clients and a fast-growing number of them. The hard work of OctaFX team has been noticed! In 2012 OctaFX has been awarded as “Fastest Growing Micro Forex Broker” by Global Banking and Finance Review However, we never stop improving our performance! In 2013, OctaFX has won three awards! For the second year in a row, Global Banking and Finance Review have recognized us as Best Customer Service Broker Asia 2013. This year we have also received two prestigious awards “Best Broker Central Asia” and “Best Broker Central and Eastern Europe” at the World Finance Awards. World Finance magazine (published by World News Media, London) is one of the leading and most competent financial publications all over the world. Since 2007, World Finance has been publishing the rating lists of the best companies in different financial sectors and branches. It is a great success of OctaFX to won two awards this year! We are happy to be the winners and we would like to thank the World Finance team, our customers and followers for the high evaluation of our efforts! These achievements represent that OctaFX is moving forward to be the leader of the Forex industry. We are constantly evolving and improving services as well as developing innovative services. Here, at OctaFX, we take pleasure in providing our customers with top brokerage service and comfort! 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!

EUR/GBP falls back below 0.8500 FXstreet.com (San Francisco) - After bouncing at 0.8495, the EUR/GBP's recovery was capped at 0.8525 with the pair trading back to previous lows. Currently the pair is trading at 0.8500. The EUR/GBP is 0.48% negative on the day right now. Short term perspective is strongly bearish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish. As for technical levels, immediate resistances are seen at 0.8525 (intraday level) and 0.8545 (daily high), while supports could be found at 0.8495 (daily low) and 0.8475 (May 14 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 5, 2013 OctaFX.Com News Updates

USD/CHF hits 1-month low FXstreet.com (Córdoba) - The US dollar fell to a fresh 1-month low versus the Swiss franc following mixed economic data for the US. USD/CHF initially found support at the 0.9420 area but recently broke below that level and stretched to its lowest since May 9 at 0.9410. However, the pair has managed to bounce from lows and it is currently trading around 0.9435, still down 0.3% on the day. In terms of technical levels, immediate supports could be faced at 0.9410 (daily low) and 0.9390 (100-day SMA), while resistances are now seen at 0.9490/95 (daily highs) and 0.9520 (100-hour SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 5, 2013 OctaFX.Com News Updates

NZD/USD dips further, around 0.7945/50 FXstreet.com (Barcelona) - The kiwi dollar is giving back its weekly gains so far, now hovering over the mid 079s after hitting highs above 0.8060 overnight. According to I.Spivak, Currency Strategist at DailyFX, “Prices put in a Bullish Engulfing candlestick patter above major support at a rising trend line set from June 2009, hinting a move higher is ahead. Initial resistance is at 0.8112, the 23.6% Fibonacci retracement. A break above that targets the 38.2% level at 0.8219. Trend line support is now at 0.7893”. The NZD/USD is now retreating 0.90% at 0.7946 facing the immediate support at 0.7937 (low May 31) ahead of 0.7922 (61.8% of 0.7456-0.8670) and finally 0.7915 (low Sep.5 2012). On the flip side, a surpass of 0.8061 (high Jun.5) would open the door to 0.8072 (MA10d) en route to 0.8111 (23.6% of 0.8676-0.7937). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 5, 2013 OctaFX.Com News Updates

OctaFX.com- OctaFX.Com - Our Client's Funds Security is Our Top Priority. Our client's funds security is our top priority. With OctaFX you can be absolutely sure your deposits are secured in every possible way. Here are some of the measures we take to ensure funds protection: Segregated Accounts In accordance with the international regulation standards OctaFX uses segregated account to keep protected customers' funds segregated from the company's balance sheets. This makes your funds secure and untouched. SSL-protected Personal Area We use highly secured technology to protect your personal data and financial transactions. SSL-secured Personal Area is protected with 128-bit encryption, which makes your browsing safe and your data inaccessible to any third parties. Account verification OctaFX recommends you to verify your account by submitting your personal ID scan and an address proof. This simple measure will make sure your transactions are authorized and secured. Secure withdrawal rules Since a withdrawal from a real account requires an email confirmation, no one can ever access your account but yourself. It is also required that you use the same payment details for deposits and withdrawals. Thus, under no circumstances can OctaFX transfer your withdrawal to an unauthorized third party. 3D secure Visa/Mastercard authorization We apply 3D secure technology when processing credit and debit cards. This technology makes all the Visa/Mastercard transactions transparent and safe. Advanced protection OctaFX technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. They have developed and maintain top level protection, so any data loss, damage or other technical issues are highly unlikely. 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!

Flash: UK Construction PMI offered upside surprise – Brown Brothers Harriam FXstreet.com (London) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that the UK construction PMI offered an upside surprise, following yesterday's better than expected manufacturing PMI. “We are struck by the rebound that has been recorded since the 46.8 reading in February (to 50.8 in May). On top of that the BRC sales figures (1.8% in May vs. consensus of 1.3%) suggest that perhaps the CBI distributive trades survey was too pessimistic. Sterling is trading with a heavier bias, straddling the $1.53 level through the London morning”. He went onto say that the 5-day moving average is crossing above the 20-day average for the first time since mid-May, a constructive technical development and provided the $.5240 area holds, sterling can retest the $1.5400 area. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 4, 2013 OctaFX.Com News Updates

EUR/CHF muted at 1.2400 FXstreet.com (London) - Surprisingly, the EUR/CHF has remained onto the 1.2400 handle since the release of EMU Producer Price Index (YoY) that arrived in at -0.2% in April, vs. expectations of +0.3%. Analysts teams at ANZ said that the “…bias since late-2012 has been for an eventual break through 1.2650 (38.2% of the fall from 2007’s 1.6830 high) for a range flip towards the next retracement and so a target zone of 1.3260-1.3450. However, failure to breach 1.2650 and sliding back into the 1.2350-1.2450 area is unwinding upside potential. A sharp move above 1.2550 is needed to avoid a return to dull range trading”. Support is seen at 1.2380 ahead of 1.2350 with the ECB on Thursday as the main event in focus for the pair this week. USD/CHF continues to be offered weighing on the cross. In the opinion of Commerzbank, the USD/CHF’s correction lower has extended lower towards the 200 day ma at 0.9358, the intraday charts have turned more negative and at this stage they are unable to rule out further weakness to the 0.9324 2013 uptrend, which they look to ideally hold. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 4, 2013 OctaFX.Com News Updates

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AUD/USD soars, reaches pass 0.9760 FXstreet.com (Buenos Aires) – Aussie extended its advance to a fresh 2-week high above 0.9760, having been positive since early weekly opening, favored by positive Chinese data released past Saturday. Having been grinding higher for most of the European session, US disappointing data and the promise of a lively future for QE, gave the pair a reason to recover ground, after being steadily bearish for over the past 3 weeks. While short term technical readings suggest now an upward continuation, the pair has not yet filled the weekly opening gap around 0.9570. Immediate resistance comes at 0.9777, May 23rd daily high, followed by 0.9820 price zone, 20 DMA. Supports are at 0.9710, May 17th daily low, followed by strong static 0.9660 level. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 3, 2013 OctaFX.Com News Updates

US sells $30 Bn of 3-month bills at 0.045% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 3, 2013 OctaFX.Com News Updates

Flash: USD/CHF could extend correction with push below 0.9527 – UBS FXstreet.com (Barcelona) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions. Beginning with the USD/JPY, the potential is for extension of the correction phase. The next important support is at 99.58 ahead of 97.02. Resistance is at 101.80 ahead of 103.74, suggesting a neutral outlook. As for the GBP/USD, “There is a major resistance at 1.5308. As long as this holds, the pair is vulnerable as bearish conditions prevail and a break below 1.5111 would expose 1.5009, suggesting a bearish near-term outlook.” Finally, regarding the USD/CHF, with bull trend in place, the recent downside move should be limited in time and extent, which has tested support at 0.9527. A closing break below would prolong the correction to 0.9431. Resistance is at 0.9651 ahead of 0.9791. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 3, 2013 OctaFX.Com News Updates

OctaFX.Com - MASSIVE Spread Reduction at OctaFX! This is a revolution in lowering the spreads that happened in OctaFX! We have reduced major currency spreads! Now you can enjoy trading with as low as 0.2 pip spreads. They’ve never been that tight. 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-OctaFX wins “Best broker Central and Eastern Europe” and “Best Broker Central Asia” at the World Finance Awards 2013 Our priority has always been providing the most comfortable trading experience for our clients. Undoubtedly, the most desired and treasured award for us is recognition by our clients and a fast-growing number of them. The hard work of OctaFX team has been noticed! In 2012 OctaFX has been awarded as “Fastest Growing Micro Forex Broker” by Global Banking and Finance Review However, we never stop improving our performance! In 2013, OctaFX has won three awards! For the second year in a row, Global Banking and Finance Review have recognized us as Best Customer Service Broker Asia 2013. This year we have also received two prestigious awards “Best Broker Central Asia” and “Best Broker Central and Eastern Europe” at the World Finance Awards. World Finance magazine (published by World News Media, London) is one of the leading and most competent financial publications all over the world. Since 2007, World Finance has been publishing the rating lists of the best companies in different financial sectors and branches. It is a great success of OctaFX to won two awards this year! We are happy to be the winners and we would like to thank the World Finance team, our customers and followers for the high evaluation of our efforts! These achievements represent that OctaFX is moving forward to be the leader of the Forex industry. We are constantly evolving and improving services as well as developing innovative services. Here, at OctaFX, we take pleasure in providing our customers with top brokerage service and comfort! 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!

EUR/USD keeps 1.3000 after US PCE FXstreet.com (Barcelona) - The euro remained apathetic after the US inflation figures, in terms of the PCE, came in below market forecasts during April. In fact, the Core Personal Consumption Expenditures posted an annualized increment of 1.1%, a tad higher than the median, while the rest of the readings came in below forecasts. The headline advanced 0.7% on a yearly basis and contracted 0.3% inter-month. Further data showed that Personal Income came in flat while Personal Spending contracted 0.3% during the same period. The pair is now losing 0.37% at 1.3001 and a violation of 1.2965 (MA21d) would target 1.2934 (low May 30) en route to 1.2931 (MA10d). On the other hand, resistance levels line up at 1.3062 (high May 30) ahead of 1.3072 (61.8% of 1.3243-1.2796) and then 1.3114 (MA100d). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 31, 2013 OctaFX.Com News Updates

Flash: EUR/USD holds bearish bias – BTMU FXstreet.com (Barcelona) - Bank of Tokyo Mitsubishi UFJ analysts expect EUR/USD to hold a bearish bias ahead and range between 1.2850 and 1.3200. They begin by noting that they expect the euro to weaken modestly in the week ahead with EUR/USD increasingly struggling to trade above the 1.30-level. They see that the euro is being undermined against the US dollar by rising real yields in the US supported by heightened investor expectations that the Fed may taper QE in the coming months. Further, the release of the non-farm payrolls report for May will prove crucial for near-term dollar direction. They add that unless the report reveals that employment growth has weakened materially, the US dollar should continue to trade on a firmer footing. US dollar direction will also be impacted by the release of the latest PCE deflator report for May. Overall, they feel that a weaker US dollar could result if disinflationary pressures exceed expectations pushing back Fed QE tapering expectations. They finish by commenting that, "The main event for euro direction will be the upcoming ECB meeting. We expect the ECB to leave monetary policy unchanged although it remains a close call. With President Draghi likely to maintain an easing bias, an unchanged policy stance will likely still weigh modestly upon the euro. Any signal that the ECB is moving closer to implementing negative deposit rates would weigh more heavily." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 31, 2013 OctaFX.Com News Updates

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EUR/JPY testing higher FXstreet.com (London) - The EUR/JPY has rocketed from 130.20 to test 132.00 throughout the European day. The EUR/USD has drifted higher nicely while the Yen has also gained some 180 pips on the day, moving well away from the 100.00 mark which was anticipated from overnight moves lower. EUR/JPY is still some way off from the top side of the previous ascending trend line and downside risk applies with closes below 131.60 and 132.50 resistance lines set up last week as a double top before the break of the supporting line. The majority of the market is not expecting the ECB to follow through with the mentions of negative interest rates, for now. Meanwhile, Japanese officials speaking of late have had little calming effect on JGB or equity markets. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 30, 2013 OctaFX.Com News Updates

EU to lower the tax on financial transactions FXstreet.com (Barcelona) - According to Reuters, the EU is considering considerably scaling back the financial transactions tax, in the light of the banking sector's and the UK's firm opposition towards the measure. European officials plan to impose a small levy of 0.01% (compared with the previous proposition of 0.1%) initially only on share transactions. After assessing the first impact of the FTT it will be decided whether other types of products should be taxed as well. Under the current proposition, the EU would raise only up to 3.5 billion euros a year, instead of 35 billion euros, as initially planned. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 30, 2013 OctaFX.Com News Updates

EUR/USD edges higher as US data disappoints FXstreet.com (Córdoba) - EUR/USD bounced from session lows and spiked to the 1.2980 area after data showed US GDP was revised slightly lower to 2.4% from 2.5% in Q1, while jobless claims unexpectedly rose to 354K last week. Soft growth and employment data undermined expectations that the Fed could begin to taper its bond buying program and weighed on the greenback, which was staging a mild comeback ahead of the data. EUR/USD rose nearly 30 pips within the last minutes, but has been capped by 1.2980 so far. At time of writing, EUR/USD is trading at the 1.2970 zone, where it is still up 0.2% on the day. On the upside, immediate resistances are seen at 1.3000 (psychological level) and 1.3020 (200-day SMA), while supports are seen at 1.2930/20 (daily lows/100-hour SMA) and 1.2880 (May 28 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 30, 2013 OctaFX.Com News Updates

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Flash: BoJ fails to create waves – Deutsche Bank FXstreet.com (Barcelona) - In Japan, 10yr JGB yields are up 4bp as they edge closer to the 1% mark – Kuroda's speech at a BoJ conference had little effect on markets with the Governor's key message being that no financial system is perfect in the face of global uncertainty. In other BoJ-related headlines, there were some interesting comments PM Abe's economic adviser, Koichi Hamada, who was quoted as saying that Korea "shouldn't blame" the Japanese central bank if Korean growth slows due a weaker yen, but instead "they should demand the Korean central bank have a proper monetary policy". Hamada also urged Kuroda to ease monetary policy further should it be needed. According to Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank, “The news comes as PM Abe unveiled a 5yr plan that details a number of structural reforms to achieve growth, but the issue of corporate tax rate cuts is reportedly undecided at this stage.” Attention then shifted to the BoJ's meeting with JGB-market participants later today, which may provided more detail on the central bank's upcoming market operations. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 29, 2013 OctaFX.Com News Updates