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EUR/USD remains offered - Investec FXStreet (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec, remarks the weakness surrounding the euro. Key Quotes "Comments from ECB's Constancio and Nowotny were the highlight of a very quiet start to the week yesterday. Both took a small step back from Draghi's comments on Thursday, saying it is too early to speculate on June action from the ECB." "This puts greater emphasis on the data coming out of Europe later this month, although as Draghi stated during the press conference a key influence on their policy decision will be the ECB staff forecasts and bank lending data due in June. A final point worth noting is that Nowotny also hinted that a package of measures could be considered, with his own view being that a rate cut on its own would be insufficient." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 13, 2014 OctaFX.Com News Updates

EUR/JPY recovery falters after ZEW data FXStreet (Córdoba) - The recovery of the EUR/JPY faltered a few pips shy of the 141.00 mark as disappointing ZEW survey figures from the EZ and Germany put the shared currency back under pressure. The German ZEW sentiment survey showed the indicator for economic expectations fell to 33.1 from 43.2 in April. In the Eurozone as a whole, the index fell to 55.2 from 61.2 the previous month. The euro weakened across the board following the figures, with EUR/JPY dropping more than half a cent to a fresh daily low of 140.25. Having erased completely intraday gains, the EUR/JPY is currently trading at the 140.30 zone, recording a 0.34% loss on the day. EUR/JPY levels to watch In terms of technical levels,the pair could find next supports at 140.03 (May 12 low) and 139.87 (May 9 low), while on the other hand resistances are seen at 140.93 (May 13 high), 141.00 (psychological level) and 141.19 (100-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 13, 2014 OctaFX.Com News Updates

USD/CAD hits 1-week high FXStreet (Córdoba) - The USD/CAD resumed the upside Tuesday, advancing to a fresh 1-week high during the European session as traders await the BoC quarterly review. The USD/CAD has gathered momentum and is back headed north following a consolidation phase below 1.0900 after the spike that followed disappointing Canadian employment data last Friday. The pair stretched to a high of 1.0922 and it is currently trading at 1.0915, recording a 0.19% gain on the day. US retail sales and the BoC quarterly report are on today's docket. USD/CAD levels to watch In terms of technical levels, if the USD/CAD breaks above recent highs, it could find next resistances at 1.0960 (May 6 high) and 1.0989 (100-day SMA). On the flip side, supports are seen at 1.0890 (May 13 low), 1.0873 (May 12 low) and 1.0813 (May 8 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 13, 2014 OctaFX.Com News Updates

OctaFX.Com - No-Deposit Bonus 8 USD + 50% Bonus on each deposit OctaFX .com Octa Markets Incorporated is a worldwide recognized forex broker. OctaFX provides forex brokerage services to its clients in over 100 countries of the world. OctaFX uses the most up-to-date technology and knowledge to make your forex trading experience outstandingly convenient. Our top goal is the trust and satisfaction of each client's need and requirements. OctaFX sets the highest service level standards and maintains them as well as constantly develops new services and promotions. We are Regulated: Start your successful trading with OctaFX today Customer Support and contact details [email protected] [email protected] [email protected] China Toll Free Phone 4001-200970 Indonesia Toll Free Phone 001-803-015-203-9780 Malaysia Toll Free Phone 1-800-815-304 Belgium +32 2792 4855 © 2012 Octa Markets Incorporated Business license no. 19776 IBC 2011 Legal Address: Cedar Hill Crest, Villa, Kingstown, St. Vincent and the Grenadines

OctaFX.Com - No-Deposit Bonus 8 USD + 50% Bonus on each deposit OctaFX .com Octa Markets Incorporated is a worldwide recognized forex broker. OctaFX provides forex brokerage services to its clients in over 100 countries of the world. OctaFX uses the most up-to-date technology and knowledge to make your forex trading experience outstandingly convenient. Our top goal is the trust and satisfaction of each client's need and requirements. OctaFX sets the highest service level standards and maintains them as well as constantly develops new services and promotions. We are Regulated: Start your successful trading with OctaFX today Customer Support and contact details [email protected] [email protected] [email protected] China Toll Free Phone 4001-200970 Indonesia Toll Free Phone 001-803-015-203-9780 Malaysia Toll Free Phone 1-800-815-304 Belgium +32 2792 4855 © 2012 Octa Markets Incorporated Business license no. 19776 IBC 2011 Legal Address: Cedar Hill Crest, Villa, Kingstown, St. Vincent and the Grenadines

OctaFX.Com - No-Deposit Bonus 8 USD + 50% Bonus on each deposit OctaFX .com Octa Markets Incorporated is a worldwide recognized forex broker. OctaFX provides forex brokerage services to its clients in over 100 countries of the world. OctaFX uses the most up-to-date technology and knowledge to make your forex trading experience outstandingly convenient. Our top goal is the trust and satisfaction of each client's need and requirements. OctaFX sets the highest service level standards and maintains them as well as constantly develops new services and promotions. We are Regulated: Start your successful trading with OctaFX today Customer Support and contact details [email protected] [email protected] [email protected] China Toll Free Phone 4001-200970 Indonesia Toll Free Phone 001-803-015-203-9780 Malaysia Toll Free Phone 1-800-815-304 Belgium +32 2792 4855 © 2012 Octa Markets Incorporated Business license no. 19776 IBC 2011 Legal Address: Cedar Hill Crest, Villa, Kingstown, St. Vincent and the Grenadines

EUR/USD buyers left the building! FXStreet (Edinburgh) - The weakness remains intact around the EUR at the end of the week, currently dragging the EUR/USD to fresh 1-month lows near 1.3750. EUR/USD bearish now? The pair extends its deep pullback from recent ytd tops near 1.4000 the figure, against the backdrop of mounting selling pressure post-ECB meeting. Spot still remains under the sedative effects of Draghi’s presser on Thursday, where he opened the door to further easing in the next meeting in June. “There is strong reason to suspect that ECB action will not have the power to trigger a sustained or sharp downside move in EUR/USD even if policy is adjusted next month. As long as dollar sentiment is weak we expect EUR/USD to remain well supported. We maintain a forecast of EUR/USD1.39 on a 1 month view and while we expect that the USD will win back some ground medium time, we have adjusted higher our 12 mth forecast from EUR/USD1.28 to 1.30”, commented Jane Foley, Senior Currency Strategist at Rabobank. EUR/USD levels to consider The pair is now losing 0.52% at 1.3767 with the immediate support at 1.3740 (100-d MA) ahead of 1.3738 (low Apr.8) and finally 1.3722 (daily cloud base). On the upside, a break above 1.3844 (high May 9) would target 1.3900 (psychological level) and then 1.3997 (2014 highs May 8). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

USD/CHF at 1-month highs above 0.8850 FXStreet (Córdoba) - The USD/CHF recently rose to 0.8863 reaching the highest price since April 8 and extended weekly gains and currently is holding above 0.8850. The US dollar is rising further against European currencies after Wall Street opening, while the Swiss Franc is among the worst performers across the board. USD/CHF best week since March The pair is about the end the week with a gain of a hundred pips, the best weekly result since March. All gains were achieved after Draghi’s press conference on Thursday that boosted the US dollar versus the Euro and the Swissy. On Thursday the pair approached 2014 lows but then bounced sharply to the upside. Despite the gains the weekly chart still looks bearish but price has approached a downtrend line originated 10 months ago. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

Yen weakness will be slightly delayed, but it is coming - Commerzbank FXStreet (Córdoba) - Esther Reichelt, analyst at Commerzbank notes that absence of further BoJ measures suggests USD/JPY will remain at current levels longer than previously expected, although in the medium term many factors point towards a notably weaker yen. Key Quotes “At present the Bank of Japan sees no need for further action. As a result USD/JPY will remain at current levels longer than we had previously expected”. “However, medium term many factors still point towards a notably weaker yen, as the BoJ will step up its measures in the autumn if it looks as if the inflation target will be missed”. “Moreover market attention might begin focussing again on another issue on Monday: the stubborn current account deficit. This too will put medium term pressure on the yen”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

NZD/USD resting up on a down week FXStreet (Guatemala) - NZD/USD is trading at 0.8624, down -0.26% on the day, having posted a daily high at 0.8654 and low at 0.8613. NZD/USD is taking a breather on its decent at these levels with Asia finished for the week and the data behind us, so to speak. Meanwhile, RBS strategists explained that it's worth reiterating how weaker than expected NZ retail sales data provides more reason to think RBNZ won't follow through with a rate rise in June. “Our sell zone on NZD/USD is 0.87-0.90 for huge multi month declines”. However, the strategists also went onto suggest that strengthening data in the US paired with a still credibly dovish Fed plays positive for carry currencies more broadly. NZD/USD Levels Current price is 0.8625, with resistance ahead at 0.8626 (Daily 20 SMA), 0.8640 (Hourly 20 EMA), 0.8641 (Hourly 200 SMA), 0.8646 (Daily Open) and 0.8647 (Weekly Low). Next support to the downside can be found at 0.8625 (Yesterday's Low), 0.8624 (Daily Classic S1), 0.8613 (Daily Low), 0.8612 (Weekly Classic PP) and 0.8600 (Daily Classic S2). NZD chart formations Looking at price patterns, we can see a Doji 1-hour candlestick formation. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

GBP/USD hits fresh 1-week low FXStreet (Córdoba) - The GBP/USD is stretching to fresh lows at the beginning of the American session after the release of the UK GDP estimation by NIESR. The GBP/USD came under strong pressure and triggered stops below 1.6900, accelerating to a 1-week low of 1.6831. With the data barely affecting the pair, the Cable is currently trading at 1.6840, 0.53% below its opening price. The UK GDP Estimate released by the National Institute of Economic and Social Research on Friday showed that 1% growth in the three months to April, following a 0.9% increase in the three months to March. GBP/USD technical outlook “In the 4 hours chart readings are strongly bearish, with a break below 1.6840 supporting a downward continuation towards 1.6770 price zone”, says Valeria Bednarik, chief analyst at FXStreet. ·A recovery above 1.6890 on the other hand should bring some relief on Pound, and see the pair attempting a recovery towards 1.6920”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

India Trade Deficit Government: $10.09B (April) vs previous $10.51B Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

United Kingdom NIESR GDP Estimate (3M) climbed from previous 0.9% to 1% in April Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

United States Wholesale Inventories registered at 1.1% to beat expectations (0.5%) in March Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

AUD/USD's recovery capped at 0.9375 FXStreet (San Francisco) - The Aussie's recovery from 0.9345 against the US Dollar found buying interest at 0.9375 level where the pair was rejected to the downside and now it is trading at 0.9355. Currently, AUD/USD is trading at 0.9361, down 0.14% on the day, having posted a daily high at 0.9381 and low at 0.9347. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish. AUD/USD levels Next support to the downside can be found at 0.9347 (Daily Low), 0.9338 (Hourly 100 SMA), 0.9330 (Weekly Classic R1), 0.9329 (Daily Classic S1) and 0.9318 (Yesterday's Low). Resistances are at 0.9363 (Daily Classic PP), 0.9366 (Hourly 20 EMA), 0.9375 (Daily Open), 0.9375 (Weekly High) and 0.9381 (Daily High). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 09, 2014 OctaFX.Com News Updates

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EUR/USD stabilizing around 1.3850 FXStreet (Edinburgh) - The intraday decline of the EUR/USD seems to have halted around the 1.3855/50 region at the end of the US session on Thursday. EUR/USD hurt by Draghi A more than expected dovish tone in today’s press conference by President Draghi dragged spot from fresh ytd highs near the psychological barrier at 1.4000 to current weekly lows in the mid-1.3800s. The EUR reacted adversely after Draghi favoured some form of monetary easing in the central bank’s next meeting (June). “In the context of his repeated mentioning of the exchange rate, we now believe the ECB will cut its refi rate by 15bp June, to be accompanied by a 15-45bp cut in the marginal lending rate and by several other measures to strengthen the effectiveness of this rate cut”, commented Elwin de Groot, Senior Eurozone Strategist at Rabobank. EUR/USD levels to watch At the moment the pair is down 0.37% at 1.3857 and a breakdown of 1.3847 (21-d MA) would open the door to 1.3812 (low May 2) and then 1.3796 (daily cloud top). On the upside, the initial hurdle aligns at 1.3995 (2014 high May 8) ahead of 1.4000 (psychological level) and then 1.4100 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates

EUR/JPY breaks below 141.00 and falls to 3-week lows FXStreet (Córdoba) - The EUR/JPY is falling sharply on Thursday as the Euro remains weak in the market. Recently the pair broke below 140.80 (previous lows) and tumbled to 140.59 hitting the lowest price since April 15. At the moment trades at 140.63, down 0.79% for the day so far. The euro is having the worst day in a month against the Yen and is headed toward the lowest daily close since April 8. EUR/JPY breaking range Since mid April the pair has been moving sideways around 141.50, with moves limited between 142.40 and 141.00. But today price is breaking decisively to the downside, pointing out to further weakness. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates

Oil prices higher on China FXStreet (Edinburgh) - Malcolm Graham- Wood, Independent Analyst, noted the recent Chinese data was behind the higher prices of crude oil. Key Quotes “The oil price rose yesterday as a number of factors had an impact, none more so than the Chinese data which came in two forms. The economic stats which beat consensus were good, particularly in the export figures whilst the oil numbers were even more surprising. Crude oil imports for April were up 22.4% m/m and the y/y figure was up 11.5%, I had speculated that they would be buying more a little while ago but this figure was even higher than that” “The EIA inventory numbers were similar to the API ones the day before and therefore caught the Wall Street scribblers off guard once again but that comes as no surprise. A crude draw of 1.8m barrels was set against forecasts of a build of 1.4m and given refineries are buying ahead of the driving season was no great surprise. Finally it seems that President Putin is being a tad more conciliatory regarding the Ukraine but then again when did we ever believe anything on that front”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates

Turkey Treasury Cash Balance fell from previous -4.64B to -9.29B in April Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates

Turkey Treasury Cash Balance fell from previous -4.64B to -9.29B in April Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates

Euro loses shine as Draghi says 'comfortable with acting next time' FXStreet (Córdoba) - Draghi takes the wind out of euro's sails by hinting at June action. He said the ECB is comfortable with acting "next time", sending the shared currency to fresh lows versus most competitors. However, many analysts are doubting the ECB will actually deliver next month as the central bank has let the market down this path in the past. Nevertheless, his words were enough to halt EUR short term rally. The EUR/USD lost more than 100 pips in a matter of minutes and dropped from a 2 ½-year high of 1.3992 to a daily low of 1.3878. The EUR/GBP fell to a nearly 3-month low of 0.8187, while the EUR/JPY hit a 10-day low of 141.09. "Reading between the lines, it appears that even if Draghi himself wanted to ease policy, he is institutionally constrained by the need for consensus", said Marc Chandler, analyst at BBH. "Several of the creditor countries, led by Germany, are more worried about interest rates being too low for too long then the lowflation. Note that as the euro area expands, the ECB is going to adopt a rotating voting basis, and this will add a new wrinkle into ECB meetings next year". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates

Euro loses shine as Draghi says 'comfortable with acting next time' FXStreet (Córdoba) - Draghi takes the wind out of euro's sails by hinting at June action. He said the ECB is comfortable with acting "next time", sending the shared currency to fresh lows versus most competitors. However, many analysts are doubting the ECB will actually deliver next month as the central bank has let the market down this path in the past. Nevertheless, his words were enough to halt EUR short term rally. The EUR/USD lost more than 100 pips in a matter of minutes and dropped from a 2 ½-year high of 1.3992 to a daily low of 1.3878. The EUR/GBP fell to a nearly 3-month low of 0.8187, while the EUR/JPY hit a 10-day low of 141.09. "Reading between the lines, it appears that even if Draghi himself wanted to ease policy, he is institutionally constrained by the need for consensus", said Marc Chandler, analyst at BBH. "Several of the creditor countries, led by Germany, are more worried about interest rates being too low for too long then the lowflation. Note that as the euro area expands, the ECB is going to adopt a rotating voting basis, and this will add a new wrinkle into ECB meetings next year". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates

ECB's Draghi: ECB comfortable with acting in June FXStreet (Łódź) - During the Q&A part of the press conference Draghi says that he is waiting for ECB staff inflation projections which will be available at the beginning of next month. • Draghi says that the Governing Council discussed taking action and that the “ECB is comfortable with acting in June.” • Low inflation in the Eurozone is mainly caused by lower energy prices. Weak demand, high unemployment and FX are other reasons, the ECB chief suggests. • Stronger euro combined with lower inflation “is cause for serious concern.” • “The exchange rate is not a policy target, but the concern over the exchange rate will have to be addressed.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates

USD/CAD bounces off 1.0870 FXStreet (Edinburgh) - The greenback is now gathering pace against its neighbour on Thursday, extending the USD/CAD rebound from session lows in sub-1.0870 levels. USD/CAD consolidates below 1.0900 The pair continues to stabilize below the 1.0900 key handle, keeping the lower end of the weekly range after Tuesday’s deep pullback. In the data front, US Initial Claims dropped to 319K in the week ended on May 2 and Canadian Housing Starts rose to 194.8K on an annual basis in March, exceeding estimates. “The first relevant retracement level stands at 1.0958 and, from there, a more assertive climb would require breaching 1.1019 — the next retracement level, which coincides with the 40-day MA”, said Shaun Osborne, Chief FX Strategist at TD Securities. USD/CAD levels to watch As of writing the pair is down 0.10% at 1.0891 with the next support at 1.0874 (low May 6) ahead of 1.0860 (38.2% of 1.0182-1.1279) and then 1.0858 (low Apr.9). On the upside, a break above 1.0961 (high May 6) would open the door to 1.0980 (21-d MA) and finally 1.1007 (high May 2). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 08, 2014 OctaFX.Com News Updates