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USD/CHF climbs further, hits fresh 2-month highs FXStreet (Córdoba) - USD/CHF continues to move toward parity, having extended gains to its highest level since the SNB abandoned the fran cap on January 15. Underpinned by broad dollar strength, USD/CHF pushed higher and printed fresh 2-month high of 0.9969 in recent dealings. At time of writing, the pair is trading at 0.9965, recording a 1.12% gain on Tuesday. While prospects of a rate hike by the Fed are lifting the greenback, recent chatter about the the Swiss government considering to set up a new EUR/CHF floor are hurting the franc. USD/CHF levels to watch As for technical levels, on the upside immediate resistances line up at 1.0000 (psychological level) and 1.0070 (100-month SMA). On the flip side, supports are seen at 0.9852 (daily low) and 0.9824 (Mar 9 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10,2015 OctaFX.Com News Updates

Greek scenario continues to deteriorate – BBH FXStreet (Edinburgh) - The research team at BBH assessed the current panorama in the Greek-Eurogroup debt talks. Key Quotes “The latest reform proposals, delivered at the end of last week, were different from the proposals from February 20th rather than further developing them. According to press reports, some EU officials dismissed the latest proposals as "amateurish". It follows sending wrong documents and contradictory signals. This is not the same as inexperienced, which is a given and forgivable”. “Greece has painfully little room to maneuver as the official creditor demands are onerous. The official creditors have cut off the assistance funds to Greece since the middle of last year, long before Syriza's electoral victory”. “New technical discussions will start on Wednesday in Brussels. For largely symbolic reasons, Greece has resisted a visit by the official creditors to Athens. This has caused a delay and deepened the sense exasperation. Greece has a T-bill auction this week that will largely offset a maturing issue. It has a roughly another 300 mln euro payment due to the IMF by the end of the week”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10,2015 OctaFX.Com News Updates

US stocks fall more than 1% FXStreet (Córdoba) - US stocks fell sharply at the opening as the dollar strengthened further amid growing speculation the Federal Reserve could start hiking interest rates in June, in contrast with other major central banks. The Dow Jones Industrial Average dropped 219 points, or 1.2%, to 17,778. The S&P 500 index fell 23 points, or 1.1%, to 2,056, and the Nasdaq Composite lost 64 points, or 1.30%, to 4,878. Strong US nonfarm payrolls published last Friday fueled prospects the Fed could raise interest rates sometime mid-year, boosting the greenback across the board and weighing on stocks and commodities. The US dollar index reached an 11-year high of 98.50 while EUR/USD fell to its lowest level in 12 years at 1.0725 on Tuesday. Meanwhile renewed concerns about Greece debt situation also depressed risk sentiment and stocks across the globe. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10,2015 OctaFX.Com News Updates

EUR/USD bounces off 1.0720 FXStreet (Edinburgh) - The European currency is now attempting to recover some ground vs. the US dollar on Tuesday, taking EUR/USD to the area of 1.0780/90 so far. EUR/USD focus on Greece Developments from Greece remain the main catalyst for the pair in the near term, with technical talks between Greek officials and the Eurogroup scheduled to start tomorrow regarding the recent reforms package submitted by Greece. In the same line, liquidity fears keep mounting in light of the €300 million repayment to the IMF due by the end of the week. Nothing in terms of data releases in the euro area today, whereas the Business Optimism index tracked by NFIB ticked higher to 98.0 during February from 97.9 in the previous month. EUR/USD relevant levels As of writing the pair is losing 0.70% at 1.0776 and a breakdown of 1.0722 (12-year low Mar.10) would target 1.0502 (low Mar. 21 2003) and finally 1.0335 (2003 low. Jan.3). On the flip side, the initial hurdle lines up at 1.0855 (hourly high Mar.10) followed by 1.0906 (high Mar.9) and then 1.1033 (high Mar.6). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10,2015 OctaFX.Com News Updates

Improving risk appetite negative for JPY, go long for $123.55 – GrowthAces FXStreet (Barcelona) - The Growth Aces Research Team believe that the improving risk appetite as a result of QE will be negative for the Yen, and hence maintain a bullish outlook for USD/JPY, targeting 123.55 levels. Key Quotes “The Swiss National Bank and the Bank of Japan are the leaders in expanding their balance sheets in the relation to GDP of their countries. This means that the JPY and the CHF are likely to be under strongest pressure among major currencies.” “The JPY and the CHF are also known safe-haven currencies and an improvement in risk appetite as a consequence of quantitative easing will be negative for these currencies.” “We have raised our buy offer on the USD/JPY to 120.80.” “The next strong resistance level is 123.67,daily high on July 9, 2007 and the target of our long position would be placed slightly below this level. The stop-loss level will be set below 119.90, daily low on March 6.” “Significant technical analysis' levels: Resistance: 121.29 (high Mar 6), 121.86 (high Dec 8), 122.00 (psychological level) Support: 119.90 (low Mar 6), 119.47 (low Mar 4), 119.13 (low Feb 27)” “USD/JPY: buy at 120.80, if filled – target 123.55, stop-loss 119.60” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10,2015 OctaFX.Com News Updates

Credit Agricole: Fed soundings lifts USD; we stay long eFXnews FXStreet (Barcelona) - The eFXnews Team notes Credit Agricole views that with Fed on its track to hike rates in mid-year, USD remains a buy, especially versus EUR and CAD. Key Quotes The USD has remained in demand. Feds Fisher stressed that a repeat of 2014 economic growth would put the year-end jobless rate at around 4.5% and that taking policy clues from present wage growth would put the Fed in dangerous territory. As such he reaffirmed that the Fed should raise rates early rather than moving later. He added that wage pressures will build as unemployment falls. Overall we remain of the view that the Fed will consider raising rates as soon as mid of this year. Well supported central bank monetary policy expectations should keep the USD a buy. We remain long the currency versus the EUR, and CAD. This content has been provided under specific arrangement with eFXnews. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10,2015 OctaFX.Com News Updates

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Japan GDP revised lower, officials wary of USD/JPY destabilization – BTMU FXStreet (Barcelona) - Derek Halpenny, European Head of GMR at Bank of Tokyo-Mitsubishi UFJ, shares that Japan lowered its Q4 GDP to 1.5% from prevoous 2.2%, and further adds that the expected change in Fed’s forward guidance will keep Japanese officials maintain a cautious approach due to concerns about destabilization of USD/JPY. Key Quotes “After heavy yen selling on Friday versus the US dollar, USD/JPY was more stable today in response to the GDP data which saw the Q4 data revised lower from 2.2% to 1.5% on an annualised Q/Q basis.” “The reason for the downgrade was mainly down to capital spending, which was revised down from +0.1% to -0.1% and private inventories which originally was reported to have contributed 0.2ppt to overall GDP but was now estimated to have taken 0.2ppt off growth.” “The good news was that household consumption was actually revised higher and certainly points to the prospect that the Japanese consumer has recovered from the sales tax increase hit in Q2 and Q3 last year. The Economy Watchers’ Survey also suggests this with the current Index up from 45.6 in January to 50.1 in February - close to the initial recovery peak after the sales tax increase last year.” “BOJ Deputy Governor Nakaso spoke today and came across a little cautiously when communicating on the yen. He stated that the yen should move “stably” reflecting economic and financial fundamentals. He declined to state that yen depreciation was a positive overall taking a more nuanced approach that there are different impacts for different segments of the economy.” “We suspect a more cautious approach amongst Japanese officials is very likely going forward – if the Fed do move to raise the key rate in the US this week, there may well be concerns over a destabilising jump in USD/JPY.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 09,2015 OctaFX.Com News Updates

Japan GDP revised lower, officials wary of USD/JPY destabilization – BTMU FXStreet (Barcelona) - Derek Halpenny, European Head of GMR at Bank of Tokyo-Mitsubishi UFJ, shares that Japan lowered its Q4 GDP to 1.5% from prevoous 2.2%, and further adds that the expected change in Fed’s forward guidance will keep Japanese officials maintain a cautious approach due to concerns about destabilization of USD/JPY. Key Quotes “After heavy yen selling on Friday versus the US dollar, USD/JPY was more stable today in response to the GDP data which saw the Q4 data revised lower from 2.2% to 1.5% on an annualised Q/Q basis.” “The reason for the downgrade was mainly down to capital spending, which was revised down from +0.1% to -0.1% and private inventories which originally was reported to have contributed 0.2ppt to overall GDP but was now estimated to have taken 0.2ppt off growth.” “The good news was that household consumption was actually revised higher and certainly points to the prospect that the Japanese consumer has recovered from the sales tax increase hit in Q2 and Q3 last year. The Economy Watchers’ Survey also suggests this with the current Index up from 45.6 in January to 50.1 in February - close to the initial recovery peak after the sales tax increase last year.” “BOJ Deputy Governor Nakaso spoke today and came across a little cautiously when communicating on the yen. He stated that the yen should move “stably” reflecting economic and financial fundamentals. He declined to state that yen depreciation was a positive overall taking a more nuanced approach that there are different impacts for different segments of the economy.” “We suspect a more cautious approach amongst Japanese officials is very likely going forward – if the Fed do move to raise the key rate in the US this week, there may well be concerns over a destabilising jump in USD/JPY.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 09,2015 OctaFX.Com News Updates

USD upside expected to continue ANZ FXStreet (Edinburgh) - Analysts at ANZ continue to see a Feds rate hike in June and a stronger dollar in the next periods. Key Quotes The February NFP release was materially stronger than expected. NFPs rose by 295k and the unemployment rate fell to 5.5% from 5.7%. Whilst earnings growth remains soft at 2.0% y/y, expectations are now firmly focused on a removal of the reference to patience at the March FOMC meeting. That would confirm that the FOMC has moved away from date dependency in its forward guidance to data dependency. If, as we expect, the activity data firms again in coming months, then the FOMC remains on course to begin normalising interest rates soon, probably at the June meeting. In the interim, the USD can continue to take the strain for monetary tightening. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 09,2015 OctaFX.Com News Updates

EUR/SEK still targets 9.30 medium term Danske Bank FXStreet (Edinburgh) - Lars Christensen, Chief Analyst at Danske Bank, keeps the bullish view in the cross, backed by a potential further easing by the Riksbank. Key Quotes In the Scandies, EUR/SEK continues to trade with a heavy tone as the market re-prices Sweden. The fundamental outlook for the SEK has improved substantially but we think the risk is increasing of a correction in EUR/SEK up towards 9.30 as the market should not rule out action from the Riksbank on SEK strength or new softness in data. This week, the main data to focus on are the Prospera inflation survey and February CPI data due on Wednesday. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 09,2015 OctaFX.Com News Updates

OctaFX.com - Trading schedule changes due to summer time shift! OctaFX would like to inform you of the changes in the trading schedule. From March 8, 2015 the USA moves to summer time. European countries change to summer time 3 weeks later, March 29, 2015. In this connection, we alter trading schedule on Fridays: the trading closes at 23:00 EET (Server time). Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day. We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to [email protected] Thank you for choosing OctaFX as your top-notch Forex Broker. Stand out for outstanding with OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX! OctaFX-Most Reliable Forex broker 2014 by FX Empire!

OctaFX.com - Trading schedule changes due to summer time shift! OctaFX would like to inform you of the changes in the trading schedule. From March 8, 2015 the USA moves to summer time. European countries change to summer time 3 weeks later, March 29, 2015. In this connection, we alter trading schedule on Fridays: the trading closes at 23:00 EET (Server time). Please, consider the fact that any open trades upon closure of trading hours will be rolled into the next day. We would like to apologize for any inconvenience caused. Please, contact our Customers Support in case you have any questions. If any failures occur, please report immediately to [email protected] Thank you for choosing OctaFX as your top-notch Forex Broker. Stand out for outstanding with OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX! OctaFX-Most Reliable Forex broker 2014 by FX Empire!

NZD/USD falls toward 0.7400 after strong US NFP FXStreet (Córdoba) - NZD/USD fell sharply and turned intraday negative following a strong US jobs report, which triggered a dollar rally across the board. NZD/USD fell more than 100 pips from daily highs and hit a 3-week low of 0.7404 after data showed the US economy created 295K new jobs in February, versus 240K expected, while the unemployment rate fell to 5.5%. However, NZD/USD managed to hold above the 0.74 mark and it was last trading down 0.86% on the day at 0.7410. The pair is posting its second daily loss in a row after being rejected from above 0.7600 earlier this week. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06,2015 OctaFX.Com News Updates

Gold falls to two-month low on US jobs report FXStreet (Mumbai) - Gold prices fell to USD 1180.3/Oz levels, its lowest since the first week of January, after the better-than-expected US non-farm payrolls figures for February hit the wires. Gold: Strong USD weighs The yellow metal declined as the US dollar extended gains across the board following another month of a stellar jobs report. The US economy added 295K jobs, beating the expectation of 235K by a wide margin. The unemployment rate dipped to 5.55 in February. Consequently, the USD index rose sharply to 97.34 levels; up 0.97% for the day. Moreover, the markets have ignored the fall in wages and the downward revision of the January’s NFP number. The yellow metal could extend weakness as a stellar jobs report could trigger speculation of an interest rate hike in the US in June. Gold Technical Levels The metal has an immediate support located at 1173.3, under which losses could be extended to 1160.70. On the flip side, resistance is seen at 1190.3 and 1200.00 levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06,2015 OctaFX.Com News Updates

USD/JPY near-term risk towards 121.85 – Scotiabank FXStreet (Barcelona) - Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that with risk aversion easing and USD on way to another bullish run, the near-term risks for USD/JPY lie for a re-test of 121.85 levels. Key Quotes “USDJPY traded in a relatively tight range with all the action taking place in EURJPY, which is driving towards fresh lows.” “With risk aversion having eased from its January highs, fundamentals having failed to improve and the USD appearing to embark on a new leg higher; we see the near‐term risk for USDJPY as a test up to its ytd highs of 121.85.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06,2015 OctaFX.Com News Updates

USD/MXN hits 15.3500 on NFP FXStreet (Edinburgh) - The US dollar is extending its upside momentum vs. the Mexican peso on Friday, lifting USD/MXN to fresh tops around 15.3500. USD/MXN in multi-year peaks Spot is trading in levels last seen in March 2009 in the 15.3000 area following a stellar print from the US labour market during February. The US economy added 295K jobs in the last month, surpassing forecasts for 240K and January’s print of 239K (revised down from 257K). In addition, the unemployment rate ticked lower to 5.5%, beating consensus at 5.6%. USD/MXN levels to consider At the moment spot is up 0.97% at 15.3406 with the next resistance at 15.3596 (high Mar.6) ahead of 15.5941 (monthly high Mar.2009) and finally 16.0000 (psychological level). On the downside, the initial support lies at 15.1719 (low Mar.6) followed by 15.0289 (low Mar.5) and then 14.9777 (low Mar.4). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06,2015 OctaFX.Com News Updates

USD/CNY bullish bias – BTMU FXStreet (Barcelona) - The Research Team at Bank of Tokyo-Mitsubishi UFJ, retains their bullish bias on USD/CNY, supported by the positive view for Chinese headline CPI inflation. Key Quotes “Authorities have clearly been trying to calm spot the past two sessions, but DXY is rising and global disinflation won't go away soon.” “If China's headline CPI inflation rebounds as we and markets expect, these will all exacerbate CNY REER strength, implying higher fixings could return. We retain our bullish lean.” “Both PBOC Deputy Governor Yi Gang and advisor Chen Yulu said there was no urgent need to widen the trading band (which has also been our view), so upside is capped by the fix.” “As February economic indicators roll in, we are watching if retail performance improves, an early indication of lower oil price stimulus. We are also thinking total social financing will exceed expectations as new bank lending is pushed by authorities, meaning possibly upside potential for fixed asset investment.” “For the record, both CFLP and HSBC/Markit manufacturing PMIs rose in February, the latter noticeably.” “USD/CNY – bullish bias – (6.2500-6.2850)” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06,2015 OctaFX.Com News Updates

EUR/USD in fresh lows post-Payrolls FXStreet (Edinburgh) - The offered tone around the single currency is growing bigger on Friday, with EUR/USD now meandering fresh lows. EUR/USD weaker following Non-farm Payrolls The pair is quickly accelerating its intraday downside after the US economy created 295K jobs during February, beating prior surveys at 240K and up from January’s 239K (revised from 257K). In addition, the jobless rate ticked lower to 5.5%, bettering consensus. EUR/USD levels to consider As of writing the pair is retreating 1.29% at 1.0885 facing the next support at 1.0800 (psychological level) On the flip side, a breakout of 1.1218 (high Mar.3) would expose 1.1245 (high Feb.27) and then 1.1271 (10-d MA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06,2015 OctaFX.Com News Updates

GBP/USD expected to test 1.5040 – Scotiabank FXStreet (Barcelona) - Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, maintains a bearish outlook on GBP/USD, anticipating the pair to test 1.5040 levels. Key Quotes “GBP is weak, having lost 2.6% since failing to break above the 100‐day MA on February 26th.” “GBPUSD short‐term technicals: bearish—most studies warn of downside risk and have shifted from neutral to bearish.” “We are bearish to be short GBP at current levels, looking for a test down to 1.5040.” “Support lies at 1.5139 followed by 1.5100; while resistance comes in at the 21‐day MA at 1.5352.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06,2015 OctaFX.Com News Updates

Session Recap: USD extends the rally, NFP eyed FXStreet (Edinburgh) - The greenback continues its march north almost unabated on Friday, lifting the US Dollar Index (DXY) to fresh highs in over a decade, and in turn confining the riskier assets to challenge lower levels. The euro is trading in levels last seen in September 2003 around 1.0940/30 with high chances of seen further supports breached in case of a positive surprise from the US Payrolls in February. Continuing in the G10 space, the sterling quickly breached below the 1.5200 key support and seems to have found support around 1.5160. In addition, the greenback is clinging to the area of 120.00 against the Japanese yen, with the area of 120.40/50 still remaining elusive for USD bulls. Ahead in the day, US Non-farm Payrolls will be the main highlight today. Consensus expects the US economy to have added 240K jobs during February vs. Januarys 257K. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06,2015 OctaFX.Com News Updates

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EUR/JPY: Consolidating the downside and bearishness FXStreet (Guatemala) - EUR/JPY is currently trading at 132.40 with a high of 133.60 and a low of 132.12. EUR/JPY remains under pressure and this time the ECB's Drghi left the room with the euro down at fresh lows. However, in respect of the ECB meeting, Carsten Brzeski, analyst at ING bank explained that, overall, the ECB’s macro-economic assessment was much more upbeat than in previous months. "It looks as if at least the ECB is a strong believer in the positive economic impact of its own QE programme." Technically, Karen Jones, chief analyst at Commerzbank explained that the EUR/JPY is expected to remain under pressure given that last week we saw failure ahead of the 38.2% retracement at 137.65 and well ahead of the 200 day moving average at 139.20. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 05,2015 OctaFX.Com News Updates