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OctaFX.com- OctaFX canceling unlucky numbers! Dear traders! OctaFX is officially canceling bad luck! We are skipping Round 13 of OctaFx Champion Demo contest. As you know, the number 13 is considered unlucky, some buildings don’t have a 13th floor, and some aircrafts don’t have 13th row. OctaFx wishes you only luck! And that is why we are skipping Round 13 of OctaFx Champion Demo contest. After the end of Round 12, the next Round 14 will be started on Monday! OctaFx would like you to be lucky and successful. We wish our contestants good mood and more wins in future! 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!

Forex Flash: Quality of lending declines in Spain – Goldman Sachs FXstreet.com (Barcelona) - Alongside the fall in lending volumes, the quality of lending in Spain has also declined. According to the Economics Research Team at Goldman Sachs Too much credit is extended to unhealthy sectors with poor growth prospects, such as construction, and too little net new credit creation towards more growth-friendly entrepreneurial and export-oriented sectors. This suggests the reallocation of capital has been somewhat inefficient, providing too little support to economic restructuring.” Policy support from the ECB has been essential in avoiding a disorderly deleveraging by banks. Yet there have been costs associated with this support, which may have contributed to the low quality of lending and too little economic restructuring. The generous provision of bank funding has reduced bank balance sheet flexibility and encouraged banks to ‘evergreen’ existing loans. “These steps may have resulted in insufficient new credit becoming available, thus raising the costs of unsecured funding.” the team adds. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 26, 2013 OctaFX.Com News Updates

Forex: EUR/USD back to the 1.3000 zone FXstreet.com (Córdoba) - The euro continues to consolidate around the 1.3000 mark versus the greenback, as the US GDP's inspired strength was only temporally and found resistance at the 1.3035 area. The EUR/USD failed to sustain gains and slid back to the 1.3000 area, and it is currently trading around 1.3010, virtually unchanged since opening. "Stocks are higher, and dollar lower against most of its rivals, which suggests the downside for EUR/USD will remain limited by 1.2970/1.3000 price zone", says Valeria Bednarik, chief analyst at FXstreet.com. "However, only steady gains above 1.3040 should favor a short term bullish movement, with 1.3080/1.3100 being a probable top for today". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 26, 2013 OctaFX.Com News Updates

US: Reuters/Michigan Consumer Sentiment beats consensus and jumps to 76.4 in April FXstreet.com (Barcelona) - The April report of Reuters/Michigan Consumer Sentiment index points to a surprising rise from 72.3 to 76.4, beating the market consensus of 73.2. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 26, 2013 OctaFX.Com News Updates

OctaFX Champion Demo Contest Current Update of OctaFXChampion Demo Contest! Just few hours left to the end of this round and currently our top contestant Rusdian33 from Indonesia has piled up with Gain +1 512%. So, let see who will grab the opportunity and be the winner. Contest rules and regulations Start Now! Start your successful trading with OctaFX today Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

Forex: USD/MXN flat ahead of rate decision FXstreet.com (Barcelona) - The Mexican peso is trading in a narrow range between 12.1600 and 12.1800 on Friday, ahead of Retail Sales in the Aztec economy and the more relevant Banxico meeting, with consensus expecting the central bank to stay put at 4.0%. According to Annette Beacher, FX Strategist at TD Securities, “There is a possibility that the market will find in the MPC’s guidance reasons to believe in further easing…. So we’re of the view that the risk of a ‘neutral’ message is higher, supporting a normalization of market implied rate expectations (currently 10-12bp of easing priced in 6m-9m)”. At the moment, the cross is down 0.05% at 12.1620. Next support levels align at 12.0626 (low Apr.15) ahead of 12.0189 (low Apr.11) and finally the psychological level at 12.0000. On the upside, a breakout of 12.2043 (MA10d) would expose 12.3535 (high Apr.22) and then 12.3750 (high Apr.23). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 26, 2013 OctaFX.Com News Updates

Forex: EUR/JPY drawing third Doji in a row FXstreet.com (Barcelona) - The EUR/JPY retested its daily highs once again, peaking at 129.87 just before the US claims data, and then the cross started a new declining movement back to its lower band of the daily range, finding some support at 129.20. Given that the market trades quite close to yesterday’s close of 129.41, the EUR/JPY may be drawing its third doji daily candlestick in a row. “The EUR/JPY's unimpressive bounce after the 23 April bullish reversal suggests a weakening short-term upside momentum. Monitor the hourly support at 127.87 (23/04/2013 low). Another support can be found at 126.44”, wrote MIG Bank analysts Bijoy Kar and Luc Luyet, suggesting an hourly resistance at 129.99 (intraday high). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 25, 2013 OctaFX.Com News Updates

Forex Flash: Italian maelstrom calms with likely vote of confidence – Deutsche Bank FXstreet.com (Barcelona) - In Italy, the center-left politician Enrico Letta was nominated by the President to be Italy's next prime minister. Letta said he would start talks to form a broad-based coalition on today and it is likely to go to parliament for a vote of confidence by early next week. According to Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank, “the PM designate is expected to select a group of ministers, likely to be a mixture of politicians and technocrats. The new government will be backed primarily by Letta's center-left and the center-right PDL party led by Berlusconi. Away from Italy, Fitch yesterday downgraded Bank of England's credit rating to AA+/Stable from AAA. This follows on from its downgrade of the sovereign rating last week. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 25, 2013 OctaFX.Com News Updates

Forex Flash: All eyes on USD/CHF as European economies eyed – UBS FXstreet.com (Barcelona) - The recent price action surrounding the EUR/CHF has the renewed weakness of the franc this week - at a time when the dataflow has showed the Eurozone's largest economy clearly slowing – may reflect concerns about Germany as much as unsubstantiated speculation about the SNB's exchange rate regime. “Investors should therefore pay close attention to the franc. Further declines in Switzerland's currency would show that Germany and the rest of the stronger core economies in Europe are being adversely affected by the Eurozone's weaker peripheral members.” writes the UBS Research Team. If the USD/CHF in particular breaks through key resistance levels between 0.95-0.9600 it would point to the greenback making gains now against the healthier core European economies and not just the Eurozone overall. “That would be a bullish development for the greenback.” they add. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 25, 2013 OctaFX.Com News Updates

Forex Flash: Will fed surprise markets with rate changes? – Goldman Sachs FXstreet.com (Barcelona) - According to the Economics Research Team at Goldman Sachs, “The real risk in present day for 10-year US treasuries is less from a 1994-style move in short rates, and more from an increase in long-dated yields. However, the sea-change in the Fed’s operation and communication strategies since 1994 makes us more confident that the Fed will not intentionally surprise markets, and it has more tools to moderate the pace of any unwarranted increases.” Differences in exposures between 2012 and 1994 also point to a more reassuring conclusion: a larger share of the fixed income market seems to be in the hands of unleveraged market participants; leveraged holders (US banks) have a significantly smaller share of USTs; and bank leverage has declined. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 25, 2013 OctaFX.Com News Updates

Forex: AUD/USD rejects the 1.0340 and falls to 1.0310 FXstreet.com (San Francisco) - After climbing from 1.0315 to reach fresh intra-week high at 1.0340, the AUD/USD has been rejected by this level and now the pair is trading down at the 1.3010 area. It’s 0.30% positive on the day. The AUD/USD is trading slightly bearish according to the FXstreet.com trend index. Indicators such as CCI and Momentum are pointing south while the MACD and the Stochastic are neutral in the 15-minutes chart. Next supports are at 1.0300, 1.0290 and 1.0270. On the upside, resistances are at 1.0325, 1.0340 and 1.0360. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 25, 2013 OctaFX.Com News Updates

Start your successful trading with OctaFX today! Trade Forex with OctaFx and get: 30% Bonus Free 8 USD No Deposit Bonus! Requote-free Trading 1000 USD Demo Champions Contest Road King contest chance to win "Porsche Panamera, Ipads, Mac, Iphones & more Daily reviews and trading ideas Demo accounts Clients Funds Protection Lowest Spread Low as 2.0 Metatrader PC, IOS Mobile, Android, (News in your Metatrader 4 from OctaFX and FXstreet.com) 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!

Forex Flash: Commodity-based currencies remain convoluted – UBS FXstreet.com (Barcelona) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's commodity-based currencies and outline the technical positions. In terms of the AUD/USD, “There’s scope for more downside with the bearish conditions persisting. Support is at 1.0202 ahead of 1.0115. Resistance is at 1.0308 ahead of 1.0359.” In addition, the USD/CAD indicators suggest a bullish outlook, as resistance is at 1.0294, a break above this would open 1.0342 – support is at 1.0230 ahead of 1.0203. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 24, 2013 OctaFX.Com News Updates

OctaFX.com -Real ECN Accounts! 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!

Forex: USD/CAD flat around 1.0260 FXstreet.com (Barcelona) - The positive data from the Canadian retail sales during February, rising 0.8% on a monthly basis, sparked a rally that dragged the cross to the boundaries of 1.0250, although bouncing later to levels below 1.0270. “The USD has struggled to make much headway through the upper 1.02 region in the past week so the risk of some short-term, corrective pressure back to the low 1.02 area may build near-term. We doubt that near-term downside potential extends much beyond that, however”, assessed S.Osborne and G.Moore, Strategists at TD Securities. At the moment, the cross is up 0.03% at 1.0260 with the next resistance at 1.0286 (high Apr.22) followed by 1.0295 (high Apr.17) and finally 1.0315 (high Mar.8). On the other hand, a breach of 1.0248 (low Apr.22) would bring 1.0217 (MA10d) and then 1.0210 (low Apr.17). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 23, 2013 OctaFX.Com News Updates

Commodities Brief – Precious metals held by key resistances, crude fortified above 88.00 FXstreet.com (Barcelona) - The yellow metal was rebuffed by the 1428 resistance Tuesday, unable to achieve prolonged stability above this key upside mark. Having failed to summit this level, the price has fallen lower, trading negatively during US trading. With a bearish engulfing now present for gold, the price has settled currently at USD $1418.26 per oz. A retest or breach of the 1428 level will ultimately cancel the bearish outlook. Silver cannot scale 23.00 Silver has faced headwinds ever since this mornings Chinese PMI printed lackluster results. Having unsuccessfully held above the 23.70 resistance, the white metal has now surrendered its grip on the 23.00 level. During US trading, silver spot prices were negotiating a price of just USD $22.93. A close above the 23.00 level will ultimately help lend stability to the embattled metal. Crude holds above 88.00 The movement up to the 89.00 level topped out near the 88.74 figure, subsequently driving the price of WTI crude oil lower. While a bullish correction could ultimately transpire, the immediate price action appears to be negative, with crude prices settling at USD $88.12/bbl Tuesday. A hold above the 88.00 level is requisite to avoid any bearish scenario, which could effectively drive the price below 87.00. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 23, 2013 OctaFX.Com News Updates

US: Existing Home Sales fall unexpectedly by -0.6% to 4.92M in March FXstreet.com (Barcelona) - Instead of improving to 5.01M in March, US existing home sales fell from 4.95M to 4.92M, disappointing analysts. February data was revised lower from 4.98M to 4.95. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 22, 2013 OctaFX.Com News Updates

OctaFX.com -wishing you Happy Earth Day! 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-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!

Forex: USD/MXN in lows around 12.2200/50 FXstreet.com (Barcelona) - The Mexican peso is gaining ground against the greenback on Friday, despite the unemployment rate in the Aztec economy ticked higher in March to 5.01% from 4.76%. The bias continues to favour the riskier assets today, giving extra support to the MXN. As of writing, the cross is down 0.48% at 12.2146 with the next support at 12.1640 (low Apr.18) followed by 12.1467 (MA200h) and finally 12.0085 (weekly low Aug.14 2011). On the upside, a break above 12.2590 (MA21d) would bring 12.3350 (high Apr.18) and then 12.3523 (high Apr.3). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 19, 2013 OctaFX.Com News Updates

Forex Flash: AUD/USD strategy profile – Westpac FXstreet.com (Barcelona) - There is little to distract markets ahead of Wednesday’s Q1 CPI, which we see at a muted 0.5% q/q average core, no barrier to RBA easing whenever they believe demand needs a boost. Markets are closed Thursday for ANZAC Day. Gold isn’t going to drop 9% every day, as it did on Monday the day that produced the bulk of AUD/USD decline in the past week. However, China’s GDP report was flat out disappointing and weakness in base metals, most notably copper, is hardly encouraging. Fair value estimates have slid into the mid- 0.90s. “With spec positioning still puzzlingly long last week and pricing for RBA easing returning to -40bp, AUD/USD should test the 1.0200 area in the week ahead, which is now also our one month target.” suggests Global FX Strategist at Westpac. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 18, 2013 OctaFX.Com News Updates

OctaFX.com-Changes in account deposit conditions for BCA, Mandiri and BNI banks! Dear customers! We have introduced some changes into deposit conditions for Indonesian local banks. The changes are aimed to improve transactions security and safety. As stated in the Customer Agreement: 13.1. The Client may deposit funds into the Trading Account at any time. All payments to the Company shall be made in accordance with Payment Instructions set forth on Company’s Website. Under no circumstances will third party or anonymous payments be accepted. From now on you can only create a deposit request INTO YOUR OWN ACCOUNT NAME. No payments from third parties will be accepted. The name of the sender must match the name on the OctaFX trading account. Any payments from a third party may be returned to the source depending on the circumstances. In case you are an IB performing local deposits, please FIRST deposit your own account and then make an internal transfer to your client(s). In case your account name is SLIGHTLY different from your bank name, please contact Customer Service The above described measures are solely intended to improve transparency and security of all the customer payments, bank transactions, deposits and withdrawals. Thank you for understanding! In case you have any questions, please don’t hesitate to contact us. 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!

Forex Flash: BOJ plan not significantly more aggressive than Feds QE - Nomura FXstreet.com (Barcelona) - Richard Koo, Chief economist at the Nomura Research Institute notes that the BoJ plan is not significantly more aggressive than the Fed´s QE and using this concept of the statutory reserve deposit multiple, the BOJs new policy would lift potential growth in the money supply, and therefore inflationfrom 4.8x to 18.7x. He adds that the latter number is much higher than the corresponding figures of 9.7x for the UK or 3.8x for the eurozone, but is roughly equal to the US multiple of 16.0x and somewhat less than the 21.6x peak there. In that sense, the BOJs easing program can be viewed as an attempt to catch up with (and overtake) the Fed on the easing front. He writes, Estimates based on the quantitative easing schedule provided by the BOJ suggest that Japans monetary base (as a multiple of statutory reserves) will overtake the UK sometime this autumn and pass the US next summer. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 17, 2013 OctaFX.Com News Updates

Forex Flash: Japanese life insurers set to release fiscal year outlooks - BBH FXstreet.com (Barcelona) - Brown brothers Harriman analysts note that Daido Life, one of the smaller of the Big 9 life insurance firms in Japan that dominate the industry, released its outlook for the fiscal year. They add that others will do so over the next week or two. According to press reports, they note that Daido Life said that it will slow the pace of its JGB purchases, which appears at least partly forced upon it by the BOJ intent to buy 70% of the new supply. It expects the 10- yield to trade in a range of 0.3%-0.7%. They feel that it implies that when yields approach the upper end of the range, it will likely be a better buyer of JGBs. Currently the yield is just below 0.6% and when the yield is at the lower end of the range, it will likely be a better buyer of foreign bonds. Further, they add that it indicated that it will buy more foreign bonds this year than last, but did not say how much more. They write, “In the last fiscal year it bought JPY120 bln. In most of the discussions of Japanese purchasing of foreign bonds, little attention is paid to the fact that the currency exposure is often hedged. Daido Life said that it would keep it currency hedge ratio steady near 70%.” They explain that means that the demand for foreign bonds is not the same as demand for the foreign currency and it expects the dollar to trade between JPY90 and JPY120 this year and the euro to trade between JPY105-JPY145. They finish by noting that currently, the dollar is near JPY98 and the euro is near JPY128.80. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 17, 2013 OctaFX.Com News Updates

Forex Flash: USD/CAD risk comes in the BoC outlook – TD Securities FXstreet.com (Barcelona) - In regard to the BoC policy meeting of today, being one of Governor Carney’s last major policy decisions before he leaves for the BoE, TD Securities analysts expect much attention given to the event. “The overnight rate will remain at 1.00% and the statement will continue to reflect a very mild tightening bias, it is widely expected”, wrote analysts Shaun Osborne and Greg Moore, adding that “the risk for the CAD comes in the messaging on the outlook, however, with the BoC likely to moderate further its message on the economy considering the weak growth trend evident in the domestic economy so far this year”. In terms of USD/CAD trading, TD Securities analysts note that the market has struggled in the mid/upper 1.02 area so far this week but a clear push through 1.0250/60 intraday should be enough to signal an extension of this move up chart-wise. “The USD/CAD has been consolidating since the early March peak and this week’s push through resistance in the 1.02 are should signal the start of the next trending leg higher (we think 1.06 is reachable by mid-year)”, they concluded. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Apr 17, 2013 OctaFX.Com News Updates