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Long USD/CAD, target 1.30 – Westpac FXStreet (Barcelona) - The Westpac Team maintains their long USD/CAD position, targeting 1.30 levels on a 1-3m horizon. Key Quotes “We continue to hold long USD/CAD opened at 1.2506. New lows in key energy prices, soggy growth updates out of China and likely further firming in June 2015 Fed lift off odds should be enough to keep USD/CAD well supported. 1.30 on 1-3 month horizon very achievable.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 17,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USD/JPY consolidates in a narrow range Scotiabank FXStreet (Barcelona) - Eric Theoret, CFA, CMT, Currency Strategist at Scotiabank, notes that short-term technicals for USD/JPY remains bullish as the pair consolidates in a tight range after BoJ highlights CPI risks. Key Quotes JPY is flat following the BoJs policy decision to maintain the pace of QE at 80trn. The statement tone softened the near term outlook for inflation, and comments from Gov. Kuroda hinted to the risk of a temporary dip into deflation. Domestic data have shown signs of improvement, with both leading and coincident indicators risingthe latter reaching its highest level since March 2014 to fully recover the consumption tax hike decline. Near term risk centers on trade (7:50pm EST) as well as the broader tone heading into Wednesdays Fed events. USDJPY short-term technicals: bullishsignals are broadly bullish, however we note the increasingly tightened range in USDJPY following the March 12 hammer doji. Support is expected at the 9 day MA (121.12) and we await a break above the March 10 high near 122.00. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 17,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

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EUR/USD fails to hold above 1.0600 FXStreet (Córdoba) - EUR/USD made a brief appearance above 1.0600 at the beginning of the New York session as the euro stages a mild bounce versus its major competitors, although it failed to hold above the psychological level for long. EUR/USD peaked at 1.0615 but quickly dipped back below 1.0600. However, the downside was contained by the 1.0560 area, confining the pair to a phase of consolidation in the absence of major indicators or news. At time of writing, EUR/USD is trading at 1.0580, still up 0.83% on the day and off a 12-year low of 1.0461 struck late on Friday. The latest string of disappointing US data - industrial production and NAHB housing market index - had little impact on the dollar as EUR/USD investors' attention turns to Eurozone CPI on Tuesday and the FOMC meeting on Wednesday. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD fails to hold above 1.0600 FXStreet (Córdoba) - EUR/USD made a brief appearance above 1.0600 at the beginning of the New York session as the euro stages a mild bounce versus its major competitors, although it failed to hold above the psychological level for long. EUR/USD peaked at 1.0615 but quickly dipped back below 1.0600. However, the downside was contained by the 1.0560 area, confining the pair to a phase of consolidation in the absence of major indicators or news. At time of writing, EUR/USD is trading at 1.0580, still up 0.83% on the day and off a 12-year low of 1.0461 struck late on Friday. The latest string of disappointing US data - industrial production and NAHB housing market index - had little impact on the dollar as EUR/USD investors' attention turns to Eurozone CPI on Tuesday and the FOMC meeting on Wednesday. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

AUD/USD: sellers at 0.7730/40 – FXStreet FXStreet (Barcelona) - Valeria Bednarik, Chief Analyst at FXStreet, shares the technical outlook and key levels for AUD/USD, explaining that the current price action is mostly corrective and that the pair might see selling interest around 0.7730/40 levels. Key Quotes “The Australian dollar advances to fresh daily highs against the greenback, with the pair also presenting a short term bullish tone, as the 1 hour chart shows that the price accelerates above its 20 SMA, whilst the technical indicators extend above their mid-lines.” “In the 4 hours chart the price is advancing above a flat 20 SMA, although indicators remain in neutral territory, suggesting the upward movement is mostly corrective, with a strong resistance level now in the 0.7730/40 area, where selling interest is expected to resume.” “Support levels: 0.7640 0.7600 0.7575” “Resistance levels: 0.7690 0.7735 0.7770” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

Brent declines, WTI hit lowest since March 2009 FXStreet (Mumbai) - Brent Crude prices fell to near USD 53.00/barrel, its lowest in more than a month on signs of a possible nuclear deal with Iran, which could allow the nation to export more oil. Brent for April delivery fell USD 52.83/barrel, its lowest since early February, before recovering slightly to trade at USD 53.17/barrel. Meanwhile, WTI Crude fell to USD 43.18/barrel, its lowest since March 2009, before recovering to 43.38/barrel. The possibility of nuclear deal with Iran only increases the mounting risk of supply glut that has seen a renewed selling pressure in both the benchmarks over the last two weeks. Moreover, the markets have shrugged-off the OPEC monthly report, which forecasts a rise in global oil demand, coupled with a decline in the US oil production by year-end. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

Gold falls into losses FXStreet (Mumbai) - Gold prices fell into losses as the equity markets in the US shrugged-off a weaker-than-expected US industrial production data. Gold: drops below 5-DMA, weak USD ignored The support at the 5-DMA level located at USD 1154.85/Oz was finally taken out as the stock markets in the US showed resilience amid lackluster US data. The DJIA stayed resilient with a 1% gain amid a weaker-than-expected industrial production data in the US. Meanwhile, the weak US dollar has failed to provide any support to the yellow metal. The USD index is down by 0.57% at 100.17, despite which the yellow metal currently trades lower at USD 1151.20/Oz levels. Gold Technical Levels The immediate support is located at 1147.4 (Mar. 11 low), under which losses could be extended to 1142.8 levels. On the flip side, resistance is 1154.80 (5-DMA), above which the metal could re-test the daily high at 1164.1 levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

BoE minutes to show no changes in monetary policy – TDS FXStreet (Edinburgh) - In the view of Jacqui Douglas, Strategist at TD Securities, the upcoming BoE minutes should come in line with consensus, showing the monetary policy stance unchanged. Key Quotes “Markets will be looking for another unanimous vote to keep rates unchanged, especially after the BoE (accidentally, we think) published a press release after the 5 March rate decision saying that “The Minutes of the Monetary Policy Committee meeting on 4 and 5 March reveal a unanimous vote on Bank Rate and Asset Purchases.” “Recent comments from Weale and McCafferty also didn’t suggest that either one of them has changed their votes back to hiking quite yet”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

US 10-yr treasuries: short to 2.30% onto 2.52% - RBS FXStreet (Barcelona) - Dmytro Bondar, Technical Analyst at RBS, gives the technical outlook for US-10 yr treasuries, suggesting to use any pullbacks towards the trend-line as shorting opportunities for 2.30%. Key Quotes “The market has broken the trend-line, implying yield downside is limited from here: it is deemed unlikely that the yield would re-visit the area below 2.00% and hence we see any pull-backs towards the trend-line as selling opportunities for 2.30% and 2.52%.” “Our long-term view is the same: 1.61/1.78% yield was considered to be a base and 3.00% targeted for the end of 2015.” “Price-wise 127-19+ is a key resistance, where we see a selling area, looking for a pull-back to 124-30. Stop is a break above 128-05.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

Strong USD: not a concern for the Fed – BTMU FXStreet (Edinburgh) - Currency Analyst Lee Hardman at BTMU sees the Fed not concerned about the current high levels of the US dollar. Key Quotes “The recent strength of the US dollar will also result in investors listening closely for any change in rhetoric regarding the US dollar which may potentially impact the outlook for Fed policy”. “At the current juncture we do not expect the Fed to signal heightened concern over the stronger US dollar, although it supports the market’s expectation for a very gradual pace of monetary tightening in the coming years”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

US industrial production slows down in February FXStreet (Mumbai) - The official data released in the US today showed the industrial production expanded 0.1% in February, compared to the estimate of 0.2% expansion. The industrial production was revised lower to -0.3% in January. Capacity utilization inched higher to 78.9%, beating the estimate of 79.5%, and up from 79.1% seen in January. Meanwhile, manufacturing production contracted 0.2% against the expectation of 0.1% growth. The January’s print was revised lower to -0.3%. The mining sector led the way lower with decline in Coal, Oil and Gas drilling, while utilities production rose. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

United Kingdom CB Leading Economic Index up to 0.2% in January from previous 0% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 16,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

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Session recap: US dollar takes the week's leader board FXStreet (Guatemala) - With the Fed approaching next week, the greenback was strong again this week and took out new yearly lows across a number of its counterparts in the FX space. The US data was in the most part ignored today as the market piled in to the greenback. Oil tumbled, stocks dropped early session recovering somewhat in to the close, and the market continued to lay on the supply in the single currency on the back of the ECB's programme commencing this week. EUR/USD was taken down to yet new lows and well and truly bringing in the question of 'parity' into the picture. The single bloc currency was offered into the London shift and took out 1.0510 as the US session got under way, where traders were without an appetite for the euro and scrambling for the greenback. Through the handle was a quick run of stops towards the mid point of 1.04 before recovering for a second time from areas 1.0465 and 1.0461, the low, and into a minor recovering drift into the close. USD/CAD was strong, moving up and scoring new yearly highs also. Since the start of the year we are around 12 cents higher, and the price of oil continues to dictate the pair. WTI was circa $5 down at one point on the day with plenty of the black stuff in supply. The loonie was 1.2825 to the greenback and at its weakest point since 2009. GBP/USD was injured in taking a heavy knock from the markets appetite for the US dollar and went from 1.4898 to 1.4698, starting the move in early London and finishing up in the US shift. There was some give back on the back of the PPI's misses and consumer confidence disappointing in the US but that was short lived by 50 pips that were faded at the upper quarter of the 1.47 handle. The pound ended up reaching the lowest level since 2010 at 1.4698. USD/JPY was relatively steady in a tight 25 pips range while the Aussie and Kiwi were suffering the dollars come back. AUD/USD was starting 0.7712 overnight and ending with a low 0.7608 by the US close. NZD/USD was in territory circa 0.74 and then down to 0.7312 the low. Key Data events: Canadian Net Change in Employment (Feb): 1.0K vs -5.0k consensus Canadian Unemployment Rate (Feb): 6.8% vs 6.7% consensus US Producer Price Index (YoY) (Feb): -0.6% vs 0.0% consensus Michigan Consumer Sentiment Index (Mar) Preliminar: 91.2 vs 95.5 exp OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 14,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

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EUR/GBP to continue lower in to 2016 - Rabobank FXStreet (Guatemala) - Analysts at Rabobank noted that the UK Chancellor of the Exchequer will outline the last budget ahead of the May 7 general election next week. Key Quotes: "Just a few months ago this budget had been dismissed as a damp squib since it was assumed that the government would be too far behind its deficit target to release any pre-election sweeteners." "Revisions to the first nine months of the fiscal year and a large January surplus mean that the budget outlook has since improved. Speculation that the Chancellor could have some room for electioneering in the budget has thus increased. Even so, with the two main UK political parties still neck and neck in the polls, talk of hung parliaments, king makers, a second election and even a grand coalition are likely to persist." "In view of the wide range of political uncertainty, there is the risk that sterling could come under pressure ahead of the election. To date there has been little sign of jitters and we argue that these concerns have been stifled by the relative attraction of the sterling interest rate curve." "While GBP could stutter on a 1 to 3 mth view on the back of political uncertainties we expect that EUR/GBP will continue its trend lower into 2016." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13,2015 OctaFX.Com News Updates

EUR/JPY: Offered with heavy supply in EUR/USD FXStreet (Guatemala) - EUR/JPY is currently trading at 127.32 with a high of 129.07 and a low of 127.15. EUR/JPY is extending the downside, with the euro making losses across the board as the greenback takes charge once again. USD/JPY is relatively steady but better offered while EUR/USD is breaking down through the key 1.05 handle and scoring lows in the 80's currently at new 12 year lows. This comes despite the poorer data releases from the US today were PPI's were lower, with a strong dollar and weakness in the oil market taking a hold. Meanwhile for the cross, the pair is moving back in to negative territory and furthering the downside trend in the broader time frames. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13,2015 OctaFX.Com News Updates

RBS estimate UK GDP growth in Q1 - RBS FXStreet (Guatemala) - Analysts at RBS explained that the official UK construction and industrial output data for January have been weaker than expected, prompting their GDP Tracker to signal economic growth of 0.5% q/q in Q1. Key Quotes: "Business surveys have been a little firmer and there remains scope for some upward revisions to the official data. Although a 0.5% pace of expansion would match that of Q4, it would nevertheless be a little disappointing given that growth in the final quarter of last year came in below expectations (0.6%) and BoE and City consensus forecasts are for a pick-up to 0.6% in Q1." "The UK economy continues to perform reasonably well – certainly vs the euro area – but we remain of the view that the risks for 2015 as a whole are for an undershoot of the 2.7% consensus." "The preliminary estimate of Q1 2015 GDP will be published on 28 April 2015." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13,2015 OctaFX.Com News Updates

EUR/USD intensifies the downside to 1.0500momentum – FXStreet FXStreet (Edinburgh) - The single currency is now rapidly losing the grip vs. its American counterpart on Friday, dragging EUR/USD to another test of the 1.0500 handle. EUR/USD lower on USD bid tone Spot is now losing over 1% and is challenging the 1.05 neighbourhood despite the Reuters/Michigan index, which measures the US investor confidence, missed estimates in its preliminary reading for the current month, dropping to 91.2 vs. 95.5 expected and February’s 95.4. The greenback has resumed its underlying upside bias today after yesterday’s deep sell off, recovering the upper-99.00s in terms of the US Dollar Index. Data wise in the US economy, producer prices during February and the preliminary March print of the Michigan/Reuters index disappointed markets coming in below expectations. EUR/USD levels to consider The pair is retreating 1.03% at 1.0525 and a breakdown of 1.0504 (low Mar.13) would target 1.0494 (12-year low Mar.12) en route to 1.0335 (2003 low Jan.2). On the flip side, the initial up-barrier lines up at 1.0683 (high Mar.12) followed by 1.0718 (high Mar.11) and finally 1.0855 (high Mar.10). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13,2015 OctaFX.Com News Updates

USD/JPY: above 121.95 will gain strong upward momentum – FXStreet FXStreet (Barcelona) - Valeria Bednarik, Chief Analyst at FXStreet, gives explains that USD/JPY technicals exhibit a neutral stance, with the pair seeking a catalyst for further upside movement. Key Quotes “The USD/JPY consolidates in a tight range around the 121.40 level, unable to find a catalyst. The 1 hour chart presents a mild positive tone, as the price holds above a bullish 100 SMA whilst the indicators bounce higher from their midlines, amid showing no actual momentum.” “In the 4 hours chart the pair presents a neutral technical stance, with the technical indicators flat right above their midlines.” “Some follow through above 121.95 is required to see the pair gaining a stronger upward momentum, whilst dips towards the 121.00 price zone will likely attract buyers, keeping the pair within range.” “Support levels: 121.15 120.65 120.30" “Resistance levels: 121.50 121.95 122.40” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13,2015 OctaFX.Com News Updates

EUR/USD parity call....June 2015 – Rabobank FXStreet (Barcelona) - With Fed expected to start tightening in mid-year 2015, Chris Turner of Rabobank, views that EUR/USD might hit the targeted 1.00 level much earlier – probably June. Key Quotes “We are moving closer to the first Fed tightening since the onslaught of the global financial crisis. The FOMC meeting of 18 March should help frame expectations on whether the Fed would indeed start tightening in June as we expect.” “We doubt that investors, speculators or corporates are prepared to stand in the way of a powerful dollar bull trend.” “Unless the Fed surprises by suggesting that dollar strength has been sufficient to tighten monetary conditions and delay the tightening cycle (which we very much doubt), EUR/USD may well hit our year-end 1.00 target much earlier.” “Indeed, we are bringing forward our EUR/USD parity call to June 2015 and see the low point in this cycle of 0.90 being hit summer 2016.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13,2015 OctaFX.Com News Updates

Banxico intervenes to calm markets – Scotiabank FXStreet (Edinburgh) - Chief FX Strategist at Scotiabank Eduardo Suarez assessed the recent measures by the Mexican central bank, Banxico. Key Quotes “MXN decoupled from broad‐based USD strength yesterday, following the FX Commission’s announcement of additional measures to stabilize the peso market”. “Banxico will now be selling US$52mn in the spot market on a daily basis in order to provide dollar liquidity to the local market”. “These sales will not be tied to a specific level, and will take place in addition to the US$200mn that Banxico has been offering at a minimum price since December 2014”. “Despite these additional mechanism, Banxico remains a “net FX reserve accumulator”, due to the USD it purchases from oil sales. We were surprised by the FX intervention announcement, given we only expected verbal signs that authorities were watching markets for signs of deteriorating liquidity”. “We don’t think this intervention size is by any means a trend changer, but it should serve to calm markets by signalling stronger measures could be expected if markets break‐down”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13,2015 OctaFX.Com News Updates

EUR/USD stays below 1.0600 after US PPI FXStreet (Córdoba) - EUR/USD is extending its consolidation phase around the 1.0600 level, as the shared currency takes a breather following a sharp sell-off seen over the last days. EUR/USD bottomed out at 1.0499 on Thursday, posting its lowest level in 12 years, but managed to trim some losses and settled in a narrow range where it has spent the last sessions. EUR/USD is currently trading at the 1.0570 area, still 0.6% lower on the day. Lower than expected US producer prices for February had little impact on the dollar as investors attention turns to the FOMC meeting next Wednesday. Last weeks strong non-farm payrolls data fueled speculations the Fed could raise rates sooner than expected, lifting the greenback and weighing on US equities. On the data front, US producer price index unexpectedly dropped by 0.5% in February, missing expectations of a 0.3% increase. The core index, which excludes food and energy also fell by 0.5%, undershooting +0.1% of forecast. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13,2015 OctaFX.Com News Updates

OctaFX.com - 50% deposit bonus! Supports margin Open a position of bigger volume Gain more profit Automatic payout Get your bonus instantly after trading required volume Withdraw able Withdraw your bonus funds with no restrictions Promotion rules Stand out for outstanding with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!