Oil prediction Turning Bearish

Oil major trend analysis

USDX really bouncing on a monthly EMA and rise up to the current price, now the price is consolidating diarea weekly EMA and predicted ready to continue the bullish trend. trend is a trend that occurred in a span of a monthly with a monthly EMA as the indicator, while the monthly EMA is in bullish condition so that the majority of buyers bulananlah fill the current price trend. If prices really go up then the oil would fall further due to the influence of the USD are getting stronger, as the unit price of oil, and also the comparison most of the instruments other markets, the USD also affects the motion of market instruments other so many factors that menyenbapkan oil gets weaker as USD strengthens ,
Projection direction of movement of oil prices is only taking into account the position of USDX and certain technical indicators, but it is still possible to surprise a different direction if the other fundamental conditions change significantly.

Oil minor trend analysis

All sell signal on the previous analysis has been executed so that the two sell have been open and it's time to look for new opportunities for predictive USDX sell can still be strengthened. Now prices are in SD1 (46.30) the second sell signal on the previous analsia and predicted prices will bounce at the level of the so prices will membaut a reversal. If the price managed to bounce it will form a reference level two new SD-1 (45.63) which will be confirmed sell on the analysis of this time, the sell can be opened at this level and continued to sell the second one is at the level of the balance of 46.06 if the price had bounced from level confirmation and return to that level. Target dihold with SL plus strategy in order to benefit from the strengthening of USD on a monthly basis can be obtained. While the stop loss corresponding to the target is the level of 46.90.
Recommendations sell when price touches the SD-1 (45.63) and the equilibrium level of 46.06 with a stop loss at 46.90 and take profit levels dihold with SL plus strategy.

Archive Analysis by: Abu Hasan

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6 to 7 October 2015: RBA Interest Rate, US Trade Draghi Speech

Tuesday, October 6, 2015:
The second day of the Eurogroup meeting

At 07:30 pm: Australia's trade balance data in August 2015 (High Impact on AUD)
Data released by the Australian Bureau of Statistics measures the total difference in the value of imports and exports within the time period of one month. If the total value of exports is greater than the total value of imports, the trade balance had a surplus, and vice versa if the total value of imports greater than exports, the trade deficit.

Since April 2014 the Australian trade deficit continued and reached a record high of A $ 4:14 billion in April 2015. In July and returned a deficit of AUD 2:46 billion, higher than expected deficit will be 3:10 billion AUD and is the lowest deficit in 4 months last as exports increased and imports remained relatively unchanged. For the month of August 2015 is expected Australia's trade deficit will shrink back of AUD 2:36 billion. Deficit figure lower than estimates will tend to cause the AUD to strengthen.

10:30 pm: meeting the results of the Reserve Bank of Australia (RBA): interest rate announcement in October 2015 and the RBA statement (High Impact on AUD)
RBA interest rate is announced every month on the first Tuesday, except in January. In February 2015 for the first time the RBA cut interest rates since August 7, 2013 to + 0.25% of 2.25%, then in May made more cuts of 0.25% to + 2:00%. This reference rate is a record low RBA.

Governor Glenn Stevens stated that further interest rate cuts are still possible, but some analysts estimate for October is the benchmark rate will remain + 2:00% even though the Chinese economy as the main trading partner of Australia is experiencing a slowdown. If the RBA cut its benchmark rate back then the AUD will tend to weaken, and vice versa.
Statement for today's meeting can be downloaded here.

13:00 pm: Factory Orders Germany in August 2015 (Impact medium in EUR)
This indicator released each month and measures the percentage change in the volume of purchases of manufactured products and industrial Germany compared to the previous month. This data is an early indicator for German production output which will affect growth. Last July the German Factory Orders fell 1.4% (or -1.4%), lower than the estimates will be down 0.5% and is the lowest in the last 6 months. For the month of August 2015 is expected to be back in Factory Orders rose 0.5%. Results of the release of higher than expected will tend to support the strengthening of the EUR.

Hours 14:15 pm: Data Consumer Price Index (CPI) in September 2015 Switzerland (medium-high Impact in CHF)
CPI is the main indicator to measure the level of inflation in Switzerland, and because the Swiss economy is not as big countries other major currencies, the data released is the CPI total (including the consumption of food and fuel) and no category of core CPI (Core CPI) like most other countries. Euro area together with its neighbors, is now deflation is sweeping Switzerland. CPI data release in the form of changes compared to the previous month (m / m) and compared to the same month in the previous year (y / y). High-impact annual inflation is data or a total CPI y / y.

Last August the Swiss annual inflation back down 1.4% (or -1.4%), in line with forecasts and the lowest in the last 56 years, while a monthly basis (m / m) total CPI fell 0.2% (or -0.2%), according with estimates and higher than in July were -0.6% (the lowest since 2007). For the month of September 2015 is estimated to total CPI y / y will come back down 1.4% (or -1.4%) while for m / m will rise 0.1%. Results of the release of higher than expected will tend to cause a stronger CHF.

Hours 19:30 am: US trade balance data in August 2015 (medium-high Impact on the USD)
The trade balance is the largest component in the balance of payments which the US government will have a direct impact on the exchange rate USD. A weaker USD as a result of the trade balance deficit is usually compared also with incoming capital (capital inflow) through the US Net Foreign Security Purchases or Treasury International Capital (TIC) Purchases were also released each month.

                   

The US trade deficit in July shrank to a value of USD 41.86 billion, better than expected to be a deficit of USD 43.20 billion and was the lowest deficit since March this year. The shrinking of the deficit figure is due to the exports rose 0.4% while imports fell 1.1%. For the month of August 2015 the US trade deficit is expected to be returned to the figures swelled to USD 42.20 billion. Deficit lower than expected will tend to cause the USD strengthened.

Hours 19:30 pm: Canadian trade balance data in August 2015 (High Impact at CAD)
This data is also called the International Merchandise Trade, and only releasing products that are imported and exported goods, excluding services. Canada is a major exporter of crude oil in addition to gold and automobile parts. Canada's main trading partner is the US which accounted for nearly 70% of total exports and 50% of the total imports of Canada, so the development of the US economy will greatly influence the trading activity in Canada.

Canada last July trade deficit of CAD 0.6 billion, better than expected to be a deficit of CAD 1.4 billion and was the lowest deficit since November 2014. The shrinking of the deficit in July was caused by exports which rose 2.3% while imports rose 1.7%. For the month of August 2015 the trade deficit is expected to shrink Canada will return to the number of CAD 0.3 billion. Deficit figure lower than estimates will tend to cause a stronger CAD.

21:00 pm: Ivey PMI index in September 2015 Canada (Impact medium in CAD)
Indicators are also called the Canada Business Confidence is the same as the Manufacturing PMI index released by Markit, only to Canada were made and released by the Richard Ivey School of Business. This index is based on results of a survey of 175 purchasing managers across Canada about the economic situation and current business until it was shown the future economic outlook. Therefore, these indicators are important to investors and businesses and are often regarded as a leading indicator. Figures released above 50.0 indicates industry expansion, and below the 50.0 figure indicates contraction.

Last August Canada Ivey index stood at 58.0, higher than expected 53.5 and the highest in the last 3 months. For the month of September 2015 the market does not provide estimates, but if the result of the release of higher than the index of the previous month (58.0), then it will tend to favor the strengthening of the CAD.

Wednesday, October 7, 2015:
Time tentative: the price index Global Dairy Trade (GDT) (High-impact on the NZD)
Data released by the Global Dairy Trade shows average prices of dairy products from the last auction. The price index released 2 times a month and usually a high impact on the NZD considering New Zealand is one of the countries producing milk and dairy products the world's major. Milk is the mainstay of New Zealand's exports of products in addition to meat, fruits, wool and wood. To release today the market does not provide an estimate, but if the result is higher than the previous release which rose 16.5% (highest in the last 6 months), the NZD is likely to be strengthened.
Results GDT index release can be found here.

At 00:00 pm: speech the president of the European Central Bank (ECB) Mario Draghi (High Impact in EUR)
Mario Draghi is scheduled to speak about the prospects for the Eurozone economy in Frankfurt, Germany.

Hours 04:30 pm: speech FOMC members John Williams (medium Impact on the USD)
President of the Federal Reserve Bank of San Francisco John Williams is scheduled to talk about the prospects for the US economy at the Urban Land Institute's Fall Meeting, San Francisco.



Archive Analysis by: Martin

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Non-Manufacturing Sector Slump, Yen slumped Participate

A survey conducted by the Institute for Supply Management, based in Arizona avoid economists' forecasts. After two consecutive months in the doldrums, the sector in the month of September also did not immediately show his passion even actually even worse. Pegged at 58.0 by the experts, it has not been able to meet the expectations of the manager of expenditure so that the facts must be corrected deeper level to 56.9 basis points.

us non-manufacturing september 2015

There is still hope

Almost the entire sub-sector of the manufacturing sector outside the US showed unsatisfactory results. Even so indicative of the persistence of the expansion remains visible. With a ceiling of 50.0, the index survey acquired in September is at least still show the picture that the domestic economy is still strong enough to spin. As has been understandable if the non-manufacturing sector is more engaged in industrial activity in the country. Of the total, which is the most sub-sectors showed optimime dropping amid this passion? From the results of this responsiveness, managers in the health services and information industries who appear with more confidence than managers in other service industries.

Seeing the optimism, will it be enough capital to raise the drop in the performance of this industry in the coming months? The possibility of just going to stay there. If seen from the results of last week's NFP (although not so encouraging as well), investor sentiment was still showing signs that the slowdown in the business climate in the third quarter of this seems to be only temporary.

Trailing Yen

Market sentiment that occurred during days ago still has not changed. Yen still dare to fight at certain moments. But it seems the whole day not so sharply honed samurai that with just a little blow, Greenback managed to blunt the guts. Opened with a level footing 119.98, the yen continued to terkerek jump over the psychological ceiling of 120. Practically it has dropped the Yen as much as 0:40 per cent to date this review uploaded. What about the next session? Are rumors of monetary policy easing by the BoJ would be quite annoying condition that has happened tonight?


Media.net Team
W: http://www.media.net

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NFP to falling impact resistance Suspended For NZD Channel Up

New Zealand currency movements taking advantage of the weakening of the Non-Farm Payrolls Data US increase market concerns about the delay in a rate hike in October. Data released the Non-Farm Payrolls fell 142,000 of the estimated 201,000. Coupled with the data the US Average Hourly Earnings decreased to a level of 0.0 percent of the estimated 0.2 per cent. Both of these data showed the unstable recovery of the US labor sector, although the Unemployment Rate at 5.1 percent the lowest level.

NZD / USD

On the hourly chart (H1) Meta Trader, movement of the NZD / USD formed a Channel Up pattern. Now the movement of the NZD / USD near resistance Channel Up. In the short term traders can take advantage of a reversal NZD / USD by Short Selling in the level of 0.64650, with a target profit in the level of 0.64450 - 0.63900. As restrictions on risk, the seller can cut and switch in case of penetration resistance Channel Up. Buy Stop orders can be placed at the 0.64800 level is hoping NZD / USD extend gains towards the 0.6500 - 0.65400.

Note ISM US Non-Manufacturing PMI will be released tonight at 21:00 pm with estimates fell to 58.0 from the previous 59.0. If the data released worse than expected, will have a negative impact on the US Dollar.

Archive Analysis by: Business Futures
Analysis Presented By BISNISBERJANGKA.COM

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EUR / JPY October 5th, 2015

EUR / JPY closed up to the price of 134.22 on Friday, rose 10 pips from the opening price of 134.22. Although the price had dropped to 133.98, but was able to ascend to the highest at 134.87 price that may result from the NFP news. Technically on the daily timeframe has not been able to see price hit a Fibonacci level 0 or 100 means fibo can still be reused for today. The state of the moving average indicator still indicates a trend down while the stochastic oscillator is also experiencing the intersection to go up to the overbought area which indicates the market will soon rise.

EURJPY Daily

While the timeframe H4 seen also that the state of the red moving average (MA 4) cut green moving average (MA 50), where it indicates the price rise. 134.46 price level has happened to break out and made fibo to gauge the direction of the market with a target price on the Fib 130, 161 and 261.

EURJPY H4

For even smaller timeframe, ie on H1 timeframe or hourly seen prices rise since last Friday. The moving average indicator 4 (red) and moving average 13 (blue) has undergone a moving average crossover green from the bottom to the top which indicates prices rise.

EURJPY H1

Archive Analysis by: Moch Iksan

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Analysis Rupiah 5 to 9 October 2015

Recap Rupiah Two Weeks (21 September-2 October 2015)
After this analysis of the last series was released, Rupiah again depressed, even briefly touching 14.784 per US dollar on September 29. The development of depreciation of the currency of the Republic of Indonesia is already very far beyond its fundamental basis, making it difficult to estimate again, until when these conditions will last.

Indonesian government and Bank Indonesia has launched two new stimulus plan with a focus on boosting industrial competitiveness through deregulation, accelerate the strategic programs, and sustain the rupiah exchange rate. But until a few days after the release of the second stimulus package, the market has not been responding. On the one hand, the policies are not expected to have a big impact in the near future to support the rupiah. While on the other hand, the market is looking forward to the execution of these policies.

Meanwhile, concerns about the impact of the depreciation of the rupiah against foreign corporate debt continues to mount. In mid-September, S & P said that the Indonesian companies would have trouble repaying foreign debts them if touched 15,000 rupiah per US dollar due to high foreign currency exposure on a non-hedging. Last night, the same concerns reviewed by the Financial Times international business media. Quoting economist of Deutsche Bank Research and Moody's, the Financial Times revealed the high private sector debt that will mature in the short term and the lack of hedging makes some companies, especially developers, it becomes vulnerable.

Rupiah 'comeback' at the end of last week and opened slightly higher at 14.640 per US dollar this morning (5/10) after the release of US economic reports disappointed the market. The report shows the increase of labor US non-farm sector which plummeted and stagnant wage growth, whereas employment data was one consideration US central bank, the Fed, in a plan to raise its interest rates. Earlier, the Fed officials said that there is a possibility they will raise interest rates in October or December, as employment conditions in the country are expected to improve. With worsening employment data, the market lost hope. Meanwhile, two other factors were also observed: inflation and international economic conditions, they have not shown significant improvement.

These recent developments are worth noting, but has not changed the fundamental background behind the weakening of the rupiah today, including:

The possibility of the Fed interest rate will be raised this year, between October or December.
Asian market conditions and developing countries today are still unfavorable, especially due to the economic slowdown in China.
The low price of commodities in the international market today, while Indonesia relied on exports of raw materials.
Bank Indonesia has a very narrow space to act in the middle of the dilemma of national economic slowdown and the depreciation of the rupiah and foreign exchange inventories depleted.
The high short-term foreign debt accumulated private sector.
Besides reports the latest Indonesian economy is also quite alarming. The business climate in the manufacturing sector in September was reported still depressed by the continued decline in the number of employees, output, and orders. Meanwhile in the same period, core inflation jumped. The data that came out last week, indicating that the domestic industry is still constrained. In this situation, Indonesia's GDP growth in the third quarter remained slow feared.



Fundamental This Week
Earlier this week, the rupiah exchange rate opened at 14.640 per US dollar in the currency market (monitoring TradingView) with a tendency to strengthen. Apparently, the disappointment will be the US employment report is still affecting the market sentiment, but market participants will still monitor the other economic reports to be released this week.

From within the country, the release schedule of the Central Statistics Agency (BPS) is empty, while Bank Indonesia is quite dense schedule. Two of data that deserves to be monitored is foreign reserves that will be published on September 7 and the survey report that retail sales in August will be released on 8.

From the United States, a number of medium-strong impact of data to be published, including the Non-Manufacturing ISM PMI, the trade balance, jobless claims, and the minutes of the FOMC meeting the Fed. Even so, the data is unlikely to have a major impact in turning increasingly pessimistic market sentiment that the Fed rate hike can be done in this year.

Officials of central banks of Australia, Japan, Europe, and the United Kingdom are also scheduled to deliver policies or their views in the coming days. Here it should be noted that there is the possibility of the central bank-other central banks will loosen their stimulus along with the prolonged speculation about interest rate hikes by the Fed. When that happens, the dollar may strengthen back.



Prediction Rupiah This Week
Technically, if it still will continue its bullish pace, then the USD / IDR in the upcoming week has the potential to return to the range 14,700an. On the other hand, there is always an opportunity to strengthen, given two weeks ago rupiah was traded in the range 14,400-14,500an.

USDIDR

Chart USD / IDR on the Daily timeframe with some indicators stochastics and Fibonacci retracement

It may be noted that the current exchange rate floating near fibo 38.2%. This means there are opportunities to move to 14.401, although most likely will bounce back towards 14.784. Prediction neutral from the range of movement of the rupiah exchange rate within the next two weeks is between 14.545 to 14.784 per US dollar. While optimistic predictions move towards 14.401 Rupiah can be achieved if the rate of 38.2% fibo penetrate.



Archive Analysis by: A Muttaqiena

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5 to 9 October 2015: Dollar Weakens Against Rival

Market Info

A slowing US economy diperediksi will menyebabkanlonggarnya monetary policy of bebeberapa central banks, low-added jobs at a data Non Farm Payroll US on release of data last week caused an estimated increase in the benchmark interest rate the Fed this year difficult, unless the data in October including November are over 200,000 jobs. There are some important data to be released this week. Both of Zone Europe (including the UK) and the United States. This can lead to volatile markets with forecasts "This week, the dollar weakened against its rivals".

1. Analysis GBP / USD

Prediction:

Observation of the GBP / USD at TF Daily,

Area movement of GBP / USD this week is in the area of ​​1.5112 - 1.5242 / 1.5311

In a technical, GBP / USD has the potential to strengthen, with the target of strengthening towards the 1.5242-1.5311 area

2. Analysis EUR / USD

Prediction:

Observation of the EUR / USD at TF Daily,

Area movement of EUR / USD this week is around 1.1126 - 1.1305 / 1.1406

EUR / USD potentially towards 1.1305 as the nearest reinforcement, then towards 1.1406

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Archive Analysis by: Rachmat

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Crop pounds Acquisition Due to Sluggish UK Services Sector

The pound sterling against the US dollar cut placement on Monday (05/10) afternoon after the release of data on the UK service sector activity expanded more slowly compared with expectations last month, harbored optimism over the strength of the state perekonoomian the capital in London.

Economic research institute, Markit, reported the British Services PMI index figure drop to 53.3 in September, from 55.6 in the previous month's figures. Analysts expect the index to rise to a level of 50.6 last month.

The services sector in the United Kingdom accounted for nearly 80 percent of overall economic activity and covers activities such as finance financial services, media financially, financial consultant, to sectors such as education and restaurants. Weak UK services PMI report this time is quite surprising, the article, the core data released earlier showed gains since the beginning of October, among them the construction data and manufacturing the strut to the pound sterling.

David Noble, Chief Executive at the Chartered Institute of Procurement & Supply noting that the weak growth in the services sector today is almost certainly caused by some of the global problems that hamper the sustainability of economic recovery some time past.

There is a good news showing that UK employment sectors showed gains that sigfnikan with a fairly steady level since June despite the companies also reported the impact caused by rising wages.


Sterling Fell
GBP / USD interested retreat from 1.5244 level. the highest level since September 25, to reach 1.5183 during the European session is, or can be quite stable in the past day. While against the Euro, Sterling was lying with EUR / GBP at 0.7418 range.

The US dollar itself was observed to vary in the face of currency-major currencies earlier this week. US Dollar Euro slack face, but strengthened counter-Yen on Monday (05/10) afternoon due to waning expectations US interest rates will rise after the data release of the Non Farm Payroll (NFP) were very disappointing in the US last weekend.

seputarforex

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Fundamental Data Recap 5-9 October 2015

The low accretion job data Non-Farm Payroll (NFP), the US in September caused an estimated increase in the Fed's benchmark interest rate in a year is difficult to be realized unless the NFP in October and November back above 200,000 jobs. In addition to NFP September, which only increased 142,000 jobs, weakening greenback last week also caused by a downward revision to NFP in August from 173 000 to 136 000, the participation rate in September fell to 62.4% (lowest since 1977) so that the unemployment rate remains low (5.1%), the hourly wage rate is stagnant and the ISM Manufacturing index fell to its lowest level in 28 months. Data and important event for the USD this week is the minutes of the September FOMC meeting, the speech of the members of the FOMC, ISM Non-Manufacturing Index and Jobless Claims.

The US economic slowdown is expected to lead to lax monetary policy of the Bank of Japan (BoJ) and the Reserve Bank of Australia (RBA) will hold a meeting this week. BoJ may expand stimulus in October and the RBA may cut its benchmark interest rate which is currently 2.0%. Also Mario Draghi's speech next Wednesday is expected to touch on the possibility of additional stimulus European Central Bank (ECB) after the data were negative Eurozone annual inflation (CPI Eurozone on 30 September).

Data and other important events is the Monetary Policy Summary and the minutes of the BoE meeting, the minutes of the meeting of the ECB, the UK PMI Services index, UK Manufacturing Production, employment Canada, Australia trade, BoJ press conference and speech Mark Carney.

Monday, October 5, 2015:
The first day of the Eurogroup meeting
At 07:30 pm: Data Australia ANZ Job Advertisements month of September 2015
15:30 pm: Eurozone investor confidence index Sentix version in October 2015
15:30 pm: UK Services PMI index in September 2015 Markit version
16:00 pm: Data Retail Sales in August 2015 Euro area
21:00 pm: ISM Non Manufacturing PMI index in September 2015 US

Tuesday, October 6, 2015:
The second day of the Eurogroup meeting
Hours 4:00 pm: New Zealand business confidence index version NZIER third quarter of 2015
At 07:30 pm: Australia's trade balance data in August 2015
10:30 pm: announcement of interest rates the Reserve Bank of Australia (RBA) in October 2015
13:00 pm: Factory Orders Germany in August 2015
Hours 19:30 am: US trade balance data in August 2015
Hours 19:30 pm: Canadian trade balance data in August 2015
21:00 pm: Ivey PMI index in September 2015 Canada

Wednesday, October 7, 2015:
Time tentative: the price index Global Dairy Trade (GDT) (High-impact on the NZD)
At 00:00 pm: speech the president of the European Central Bank (ECB) Mario Draghi
Hours 04:30 pm: speech FOMC members John Williams
Tentative time: interest rate announcement and Monetary Policy Statement The Bank of Japan (BoJ) in October 2015
Tentative time: BoJ press conference attended by the governor Haruhiko Kuroda
13:00 pm: Data German Industrial Production in August 2015
15:30 pm: Data Manufacturing Production and Industrial Production UK in August 2015
Hours 19:30 pm: Building Permits Data Canada in August 2015

Thursday, October 8, 2015:
13:00 GMT: German trade balance data in August 2015
18:00 pm: interest rate announcement and Monetary Policy Summary The Bank of England (BoE) in October 2015
18:00 pm: BoE meeting minutes dated October 8, 2015
18:30 pm: the minutes of the meeting of the European Central Bank (ECB) dated 3 September 2015
Hours 19:30 am: US Jobless Claims Data per October 3, 2015
Hours 19:30 pm: index of housing prices in Canada in August 2015

Friday, October 9th, 2015:
IMF Meetings
01:00 pm: speech BoE governor Mark Carney
01:00 pm: the minutes of the FOMC meeting on 17-18 September 2015
Hours 02:30 pm: speech FOMC members John Williams
15:30 pm: UK trade balance data in August 2015
Hours 19:30 am: Data Employment Change and the unemployment rate Canada in September 2015
Hours 20:10 pm: speech FOMC member Dennis Lockhart.



Archive Analysis by: Martin

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FXCM Attacked by Hackers, is being investigated FBI

Yesterday (1/10), US-based forex brokers, FXCM, surprisingly giving notice to his clients that his firm became victims of the attacks have occurred cybersecurity and access by parties not liable to customer information. In other words: FXCM has been hacked.

According to the official announcement of FXCM, they receive an email from hackers who claim to have gained access to the information of the clients. In addition, FXCM also said that there is "a small number of unauthorized wire transfers from customer accounts". Therefore, FXCM appealed to all clients and recommend them to reset the password.

Not yet known how many accounts were affected by this incident, but FXCM declare all funds have been sent back to the client, and now they are being held internal investigation on the matter. Broker headquartered in New York has also been reported to the FBI and is currently cooperating in the investigation.

Notice of the incident, FinanceMagnates find similarities in the illegal transactions were also attacked banks and other financial companies. The attacks usually started by Trojan, which is used as an intermediary by hackers to gain access to the target client and pull data in their accounts such as names and passwords.

Wall Street Journal highlighted the fact that a hacker attack in the financial industry may occur more often than we know. Thomas Peterffy of Interactive Brokers Inc. told the WSJ that online attacks are irresponsible is a big problem for forex brokers. Interactive Brokers also have experienced a DDoS attack. According to Frederic Ponzo of consultants GreySpark Partners, hacking incidents in the financial industry is not only aimed to gain information about the trader, but also get into the system to make trades using the account information has been taken over hacker.

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GBP / USD Slightly Supported UK Construction PMI data September

The pound sterling strengthened against the US Dollar on Friday (02/10) afternoon today, after data showed that construction activity in the UK recorded the fastest expansion in the range since March, in Septmebr ago. In addition, the market is still looking forward to the results of the US NFP report tonight. GBP / USD touched the 1.5174 level during the European session took place, namely at a high level. The pair subsequently consolidated at 1.5165 figure, 0:22 per cent increase.

Markit Research Institute reported the PMI index for the UK construction sector bolted to a six-month high level, specifically in figure 59.9 in September from 57.3 in August figures. Analysts expect that the index will rise to 57.5 last month figures.

The report contrasts with last month's PMI construction, where construction PMI index published by Markit for July, recorded plunged 57.1 percent from 58.1 in June. The current building construction activity also grew in the most sluggish pace since April, according to Markit, underscoring the emergence of challenges that policy makers face complex issues in dealing with a chronic shortage of sufficient housing in the UK.

The US dollar itself appears strengthened against the euro and yen with the market awaiting the results of the US NFP tonight. EUR / USD slipping 0:19 percent to trade at 1.1174 figure. While USD / JPY rose to the level of 120.05 0:11 percent after official data on Japanese household spending rose 2.9 percent reported in August.

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USD DOWN Slows Post-NFP

After Non-Farm Payroll data release by the US Bureau of Labor slowing growth makes the US dollar fell in nearly every major currency. This month employment growth at the level of 142 k far below the forecast of economists stands at 201 K, while last month's data was revised down to 136 K.

The results are so surprising, then, suggest the Greenback dropped against Euo and pound sterling. At time of writing, the pair EUR / USD has now risen more than 150 pips into 1.1310 penetrate yesterday's highs 1.1208, while for pairing GBP / USD is currently traded at the 1.5230 level away from daily lows 1.5125

Not to achieving the target above 200 K and NFP data last month revised down as an indication that the Federal Reserve should return to rethink the planned increase in interest rates which according to the President's statement the Fed San Franscisco, John William and comments the chairman of the Fed, Janet Yellen imminent this month.

The results were so disappointing NFP is certainly further reinforce the uncertainty that is happening in the market about a Fed interest rate hikes, market participants may be more confused and more cautious ahead of the FOMC meeting this month.

Meanwhile, growth in hourly wages received by the worker the US in September was unchanged or stagnate, down compared with last month's data which rose by 0.4 percent and still below the forecast of economists in figure 0.2 percent.

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