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OctaFx.com - OctaFX congratulates PERSIB Bandung football team with 81st anniversary!!! Today our partner, Indonesian football club PERSIB Bandung, celebrates its 81st anniversary! We are proud to present our congratulations to this exceptional team! First of all, we would like to express how lucky we are to be a part of this Indonesian Football League season. Referring to the number of titles in a long history of Indonesian football competition, Persib is considered as one of the most successful clubs in Indonesia and we wish it may last further. Persib Bandung team has a great history of aspiration towards one common goal. The team went through tremendous changes since the day of establishing in 1933, but remained purposeful and victorious. Persib always hovers on the spearhead in the game and that is what OctaFX team calls a spirit! We would like to say that we hope that chase for the title of Champions will be successfully over this season and we will be excited to share this achievement. We wish PERSIB to preserve its unity and to remain strong – the team consists of the most talented players and we wish them to remember what brought them all together – the desire to win and to make a dream come true. We would also like to congratulate the management and the coaches and the whole supporters’ community, as well as all the people of Bandung and West Java, as certainly the date has special meaning for all of you. Though 81 years is a great deal of time, PERSIB team remains the leader on the Indonesian football scene. We wish you all to stay integral, sustaining the harmony and cooperation between the team, management and your supporters. Let all planned commemorating events have friendly and festive atmosphere, as we are celebrating your 81st anniversary with every PERSIB supporter! You can read and see the inspiring retrospective here. Happy 81st anniversary, PERSIB! Champions at heart are always champions on the field! Please stay tuned for the news and updates from OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

US Reuters/Michigan Consumer Sentiment Index missed forecasts (82) in March: Actual (79.9) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 14, 2014 OctaFX.Com News Updates

USD/JPY hits fresh lows after US data FXStreet (Córdoba) - The USD/JPY extended losses and retested March lows at the beginning of the New York session after data showed US producer prices declined in February. US producer prices fell 0.1% last month and advanced 0.9% over the last twelve months, missing expectations of 0.2% and 1.2% respectively. Core prices, which strips the food and energy costs, fell 0.2% on a monthly basis and rose at an annual pace of 1.1%. The USD/JPY hit a low of 101.20 and it was last at 101.30, recording a 0.5% loss on the day. The pair came under pressure this week amid market anxiety about Russia and Ukraine, pulling back from a post nonfarm payrolls high of 103.75. USD/JPY technical levels In terms of technical levels, if the USD/JPY breaks below 101.20, next supports are seen at 101.00 (psychological level) and 100.75 (Feb 4 low). On the flip side, resistances could be found at 101.87 (Mar 14 high), 102.13 (100-day SMA) and 102.85 (Mar 13 high). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 14, 2014 OctaFX.Com News Updates

US Producer Price Index ex Food & Energy (MoM) missed expectations in February: Actual -0.2%. Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 14, 2014 OctaFX.Com News Updates

OctaFX.com- Free 8 USD bonus is now easier to receive! 1-Open a bonus account Open a Welcome account today! 2-Get your bonus You will get a free 8 USD bonus Promotion rules Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

EMEA EM Express: Markets closely watching situation in Ukraine ahead of Crimea vote FXStreet (Łódź) - Concerns over Ukraine´s capacity for exports in the face of a possible escalation of the conflict with Russia, prices of wheat and corn surged for the third running day. Ukraine is the third largest exporter of corn and the sixth largest exporter of wheat, so grain traders observe the developments in the country closely, for signs of any disruptions in the shipments. Up until today no such problems have been noted. Yesterday EU leaders outlined possible sanctions against Russia, including travel bans and asset freezes, which would be imposed if the referendum on Crimea was carried out against international opposition. German Chancellor Angela Merkel said that they would come into force on Monday if Russia still refused to negotiate. In the afternoon US President Barack Obama met with Ukrainian PM Arseny Yatseniuk in the White House to discuss ways of handling the situation in Crimea peacefully. Yatseniuk expressed his readiness to hold talks with Moscow on “how to increase the rights of (the) autonomous republic of Crimea, starting with taxes and ending with other aspects like language issues." Economic data On Thursday, South Africa´s Statistics Head Office informed that on an annual basis Manufacturing Production rose by 2.5% in January, down from the 2.8% increase the previous month. On Wednesday South Africa also published current account numbers for the fourth quarter of 2014. The year-on-year seasonally adjusted data was better than forecast showing a 5.1% GDP deficit, up from the 6.4% GDP gap in the previous quarter. Therefore, the current account defict for the entire 2013 stands now at 5.8% of GDP. In the opinion of Dorothee Gasser from ING: “All in all the release is rather a positive, but it may be early stages to pin down South Africa for a sustained c/a improvement for 2014 following the 4Q13 release.” “Trade dynamics remained unsupportive (import growth still outpacing exports) and the outlook for metal prices remain clouded by the Chinese landing scenario. South Africa external funding will in absolute terms remain large in the year ahead, inducing volatility risks still for the ZAR over the period.” Meanwhile, according to data released on Thursday, Russia´s Central Bank reserves were seen at 494.60B on March 7 following 493.30B the week before. Technicals Russia´s stock market and the ruble are suffering under the weight of the Ukranian crisis. The Micex Index (INDEXCF) fell by 2.6% to 1,274.21 at the Moscow close on Wednesday, while the ruble dropped for the fourth day against the central bank’s dollar-euro basket. Meanwhile, USD/RUB closed at 36.43 on Wednesday. The daily FXStreet Trend Index for USD/RUB was slightly bullish, with the OB/OS Index neutral. RSI was neutral at 71.3974 at the last close. Daily 2-StDev Volatility Bandwidth was expanding at 205 pips, with ATR (14) shrinking at 303 pips. The 1D 200 SMA is at 33.1891, while the 1D 20 EMA at 35.8931. The USD/UAH closed at 9.28 and its daily FXStreet Trend Index was slightly bearish, with the OB/OS Index neutral. RSI was neutral at 52.6767. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13, 2014 OctaFX.Com News Updates

US Business Inventories meets expectations (0.4%) in January Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13, 2014 OctaFX.Com News Updates

GBP/USD back below 1.6700 FXStreet (Edinburgh) - Better data releases from the US economy pushed the GBP/USD back bellow the 1.6700 handle on Thursday. GBP/USD retreats from highs The pair eased from the vicinity of weekly tops near 1.6720 to the boundaries of 1.6680 after US retail sales came in on the stronger side, advancing 0.3% inter-month in both the headline print and excluding the automobile sector. Further data showed Initial Claims dropped to 315K and import prices gained 0.9% in February. “The GBP reportedly remain a victim of EUR-GBP plays on Wednesday and if the 1.6600 region is breached, expect further soul searching towards the 55-day MA (1.6541)”, observed Emmanuel Ng, Strategist at OCBC Bank. GBP/USD levels to watch As of writing the pair is up 0.41% at 1.6687 with the next resistance at 1.6700 (psychological level) followed by 1.6745 (high Mar.10) and then 1.6785 (high Mar.7). On the flip side, a breach of 1.6607 (low Mar.13) would clear the way to 1.6568 (low Mar.12) and finally 1.6500 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13, 2014 OctaFX.Com News Updates

EUR/USD edges lower after upbeat US data FXStreet (Córdoba) - The EUR/USD edged a tad lower at the begging of the American session, pulling back from 2-year highs, after data showed US jobless claims and retail sales beat consensus. US jobless claims fell to 315,000 last week versus 320,000 expected, while February retail sales rose 0.3% versus 0.2% forecast, adding to the upbeat sentiment regarding the US economy and boosting the dollar. The EUR/USD pulled back after data but the dip has been contained by the 1.3935 area so far. At time of writing, the pair is trading at 1.3940, recording a 0.3% gain Thursday. EUR/USD technical perspective From a technical perspective, Valeria Bednarik, chief analyst at FXStreet notes that a break above 1.3966 (daily high) should lead to a continuation towards the key 1.4000 figure today. "If price however gives up below 1.3910, the risk turns to the downside and the pair may extend the bearish move down to 1.3850/70 price zone in the short term", the analyst says. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 13, 2014 OctaFX.Com News Updates

OctaFX.com- Deposit and withdraw your funds through Neteller! Good news for all the Neteller account owners - we are now accepting deposits and perform withdrawals through Neteller payment system. OctaFX Development Department considers every possibility to make your trading more convenient. Today we are ready to introduce one more deposit option in our spectacular range – you are now welcome to deposit your account through Neteller. It is free – no commission is requested, and it is speedlight instant. The withdrawal process is also fast and free of charge. Neteller e-wallet is a convenient, flexible and user-friendly system recognized globally. It offers fast, simple and secure payments. The deposit process becomes more accessible and fraud risk is totally reduced. “Instant transfers, 100% funds indemnification, embedded MasterCards, support for 19 currencies and 13 languages, and low FX rates are just some of the reasons Neteller is preferred by both consumers and merchants” – the company founders state. OctaFX Financial Department is always proud to step up and collaborate with organizations recognized worldwide for the sake of your convenience and for the security of your funds. Join more than 7 billion content users – choose Neteller to deposit your OctaFX account! Please stay tuned for the news and updates from OctaFX. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

AUD lower on risk-off, catches small bounce FXStreet (Guatemala) - AUD/USD caught a bounce when the pair reached 0.8920 and is trading back into the 0.8960’s. Strategists at TD Securities noted that the AUD/USD risk appetite weakened yesterday as base metals prices continued to slide; “Chinese credit concerns are at play here as investors and specs worry that credit pressures could pop the bubble of trades using excess copper supplies in China as collateral. Copper is getting hammered again today and the clear loser on the session is the AUD (again), which reflected the Chinese nexus for most things Australian”. AUD/USD Levels The 20 DMA is 0.9001, the 50 DMA is 0.8924 and the 200 DMA is 0.9160. RSI (14) reads 57.66. Supports are ascending from 0.8873, 0.8891, 0.8909 and 0.8933. Spot is 0.8957 while resistances are 0.9010, 0.9055, 0.9064 and 0.9135. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 12, 2014 OctaFX.Com News Updates

US EIA Crude Oil Stocks change beat expectations (2.1M) in March 7: Actual (6.18M) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 12, 2014 OctaFX.Com News Updates

GBP/USD bounces off 1-month low FXStreet (Córdoba) - The GBP/USD bounced off 1-month low and erased daily losses at the beginning of the American session. The GBP/USD underperformed during the European session and broke below the 1.6600 mark, triggering stops and falling to a low of 1.6568. However, bears lacked determination to take the 1.6550 support area, allowing the Cable to bounce back to neutral territory. At time of writing, the GBP/USD is trading at the 1.6610 zone, virtually unchanged since opening. GBP/USD technical outlook "The recent slide to 1.6595 was a test of 1.6580 support zone, but the lack of a significant rebound so far signals, that the bias remains negative, for another leg downwards, to 1.6480 before major reversal", says Stoyan Mihaylov, analyst at DeltaStock.com. "Crucial intraday resistance lies at 1.6653". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 12, 2014 OctaFX.Com News Updates

EUR/USD advances trough 1.3900 FXStreet (Edinburgh) - The single currency is rapidly appreciating vs. the greenback on Wednesday, lifting the EUR/USD to fresh weekly highs beyond 1.3900 the figure. EUR/USD eyes 2014 peaks at 1.3915 The pair remains buoyant as the bid tone around the EUR sharpens and promises to challenge the ytd tops near 1.3920 in the very near term. The current stubbornness around the EUR plus the recent shallow retracement would allow for further gains with interim target at 1.3915 on its way to the psychological limestone at 1.4000. “Since breaking above the $1.38 nemesis last week, lifted by the ECB lack of action and extending to $1.3915 before the weekend, the euro has been consolidating… We do suspect the euro is carving out a near-term top, but its resilience warns of upside risk”, noted the research team at BBH. EUR/USD levels to watch The pair is now advancing 0.27% at 1.3898 and a surpass of 1.3915 (2014 high Mar.7) would target 1.400 (psychological level) en route to 1.4172 (high Oct.31 2011). On the downside, the immediate support lines up at 1.3843 (low Mar.12) ahead of 1.3834 (low Mar.11) and finally 1.3811 (23.6% of 1.3477-1.3915). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 12, 2014 OctaFX.Com News Updates

USD/CAD reaches 2-week highs FXStreet (Córdoba) - The USD/CAD accelerated higher triggering stops and reached a 2-week high at the beginning of the American session. The Loonie as other currencies link to commodities weakened Wednesday amid concerns over China and lower copper and crude oil prices. The USD/CAD broke above previous weekly highs around 1.1130, and rose to a high of 1.1153 in recent dealings. At time of writing, the pair is trading at the 1.1145 zone, recording a 0.4% gain on the day. USD/CAD technical outlook "Support is at 1.0955, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182 (Sept 19, 2013 low), one more rise to 1.1500 area is still possible after consolidation", said Franco Shao, analyst at ForexCycle.com. "Resistance is at 1.1192, a break above this level will signal resumption of the uptrend". "However, a breakdown below 1.0955 support will indicate that the uptrend from 1.0182 had completed at 1.1224 already, then the following downward movement could bring price back to 1.0700 zone", the analyst added. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 12, 2014 OctaFX.Com News Updates

Flash: GBP/USD: Fresh lows, more at sight – FXStreet FXStreet (Córdoba) - Valeria Bednarik, chief analyst at FXStreet notes that the GBP/USD broke below key 1.6600 support and as below this latter, the pair would remain vulnerable and could extend its decline to 1.6510. Key Quotes "Majors trade in between yesterday's ranges little changed from Tuesday update albeit dollar grinds higher mostly on sentiment: concerns over Chinese growth had been the main focus this week in absence of other economic news. What started as a rumor was finally confirmed yesterday as the country experienced its first-ever corporate debt default, and the idea of more coming is what leads the mild risk off ruling the forex board". "For weakened GBP/USD, that translates into a lower low, with the pair flirting with 1.6580 at the time being, and maintaining the bearish tone in its 4 hours chart, as 20 SMA gains bearish slope above current price and indicators turned back south after correcting oversold readings". "Price has not only accelerated below the key Fibonacci support around 1.6600, but is also breaking through its 200 EMA in the mentioned time frame, further sign of a bearish continuation: the pair will likely extend now towards 1.6550 as long as pullbacks fail to regain 1.6600, with a break below it pointing for an approach to 1.6510". "A price acceleration above 1.6610 should see price advance up to 1.6650 strong static resistance, but sellers will likely jump in around it, preventing the pair from advancing further". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 12, 2014 OctaFX.Com News Updates

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AUD/USD drops to 0.9010 FXStreet (Edinburgh) - The Aussie dollar is now facing renewed selling interest, dragging the AUD/USD to the area of 0.9020/15. AUD/USD capped at 0.9050 The pair remains in the positive ground however, following the risk trends and leaving behind poor Chinese data over the weekend and soft confidence releases from today’s NAB indices. “The close below $0.9080, which corresponds to both the 100-day moving average and the minimum retracement objective of the Aussie's slide since last October, warns of additional near-term losses. There is potential from a technical point of view back into the $0.9015-40 range. On the upside, the $0.9200 is an important psychological level and coincides with the 50% retracement objective of the slide”. AUD/USD key levels The pair is now losing 0.09% at 0.9013 with the next resistance at 0.9064 (high Mar.19) followed by 0.9135 (high Mar.7) and then 0.9152 (high Dec.11). On the flip side, a breakdown of 0.9012 (low Mar.10) would open the door to 0.8973 (low Mar.6) and finally 0.8934 (low Mar.5). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 11, 2014 OctaFX.Com News Updates

USD/CHF rejected on bullish attempts FXStreet (Guatemala) - USD/CHF has been shunned at 0.8800 and is back onto the supporting line of the sideways channel around 0.8780. USD/CHF had been trying to bounce off the 2012-2014 support line at 0.8751 which represents key support. Karen Jones, chief analyst at Commerzbank explained, “Ideally we should see the currency pair stabilise around it but it is still in danger of giving way. Should the market stabilise here, a close above the downtrend line at 0.8897 is needed to alleviate immediate downside pressure. A daily chart close below Friday’s low at 0.8756 will target the 0.8568 October 2011 low”. USD/CHF Levels The 20 DMA is 0.8879, the 50 DMA is 0.8965 and the 200 DMA is 0.9138. RSI (14) reads 43.49. Supports are ascending from 0.8612, 0.8651, 0.8706 and 0.8756. Spot is 0.87879. Resistances are 0.8793, 0.8816, 0.8841 and 0.8861. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 11, 2014 OctaFX.Com News Updates

Gold testing 1,350 key level again FXStreet (San Francisco) - After a resting day on Monday, the gold resumed its attack to the 1,350 area on Tuesday with the XAU/USD bouncing from yesterday's lows at 1,328 to test March 3, 4, 6 and 7 highs around 1,352 today. The XAU/USD is currently trading around 1,345.73 0.46% positive on the day. "Gold has been trading sideways over the past ten days, and is clearly in search of new catalysts. There is a reluctance of aggressively push the market higher here considering the recent upside surprise”, commented the research team at UBS. Gold levels Above the 1,350 area, the gold would face resistances around 1,360 and 1,375. On the downside, the XAU/USD has supports at 1,328, 1,300 and 1,280. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 11, 2014 OctaFX.Com News Updates

Carney: UK recovery picking up but BoE not growing complacent FXStreet (Łódź) - Further into the testimony before the UK parliament's Treasury Select Committee on Tuesday, BoE governor Mark Carney assures that his decision on the rate hike timing would not be affected by the UK general election scheduled for May 2015. Moreover, Carney says he expects a pick up in investment, which is crucial for spurring growth. He emphasizes that the strengthening of the UK economic recovery is evident in recent data, Nevertheless, he admits that the decrease in unemployment has slowed down somewhat. BoE is not complacent about the UK recovery, he says. Meanwhile, MPC member David Miles assures that optimism among small and medium-sized firms in the UK has risen since he has joined the committee in 2009. He also adds that real wages could stop declining shortly. “I think we’re getting to the point at which average wage settlements are moving above the rate of inflation,” he suggests. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 11, 2014 OctaFX.Com News Updates

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OctaFX.com - OctaFX awarded Best ECN Broker Asia 2014 by Global Banking & Finance Review! There is nothing more valuable for OctaFX than making our traders happy by providing good news! Our first award this year is from Global Banking and Finance Review! OctaFX is proclaimed Best ECN Broker Asia! This award is the second from Global Banking and Finance Review and we are glad to raise our standards every year and find OctaFX among finest financial institutions. Global Banking & Finance Review is an online Portal, with independent and balanced view into the financial world that contains informative news within the financial community. GBAF experienced contributors provide qualified and in-depth insight in a clear and concise way, providing leading players and key figures with up to date information within the finance sector. We at OctaFX cannot be more proud for our veritable ECN services that were highly evaluated by this financial media giant read in over 200 different countries. Since the day of establishing OctaFX we make sure our services are flawless – spreads are lowest in the industry, our traders don’t experience any requotes, execution is instant and Customers Support Service is impeccable. We would like to express gratitude towards reviewers and the jury, who picked OctaFX among vast number of other nominees, and we are also limitlessly thankful to our clients who have chosen OctaFX services and support us with their valuable and positive feedback. The year has just begun and we are looking ahead with positive thoughts for making our services more and more exciting for traders to come and join the journey towards profitable trading! OctaFX – your multi-awarded world-recognized broker. Stay tuned! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

OctaFX.com - Round 23 OctaFX Champion winners will show you what persistence is! Our most popular monthly demo contest “OctaFX Champion” brought yet another 1000USD straight to the traders’ accounts! 1515 contestants fought for the title and the prize and here are the names of Round 23 OctaFX Champion Demo Contest winners: 1st place with the award of 500 USD goes to Mr. Nguyen Kim Dung from Vietnam 2nd place with the award of 300 USD goes to Mr. Maman Sulaeman from Indonesia 3rd place with the award of 100 USD goes to Mr. Diding Herdiansyah from Indonesia The last runner in the contest Mr. Mohd Faizul Haris from Malaysia is granted 100 USD. Mr. Nguyen Kim Dung – the ultimate winner of this month performed both most profitable and most losing trade, establishing the idea of persistence and faith in one’s own abilities. Here are some fresh ideas from our winners: How do you feel being an OctaFX Champion? 1st place – Mr. Nguyen Kim Dung: My joy and my life is Forex, I feel happy to win 2nd place – Mr. Maman Sulaeman: Obviously I am very happy and proud to get the position of champion 2 of 1515 participants. 3rd place – Mr. Diding Herdiansyah: I was thrilled to find a broker that is in accordance with my expectations. How involved in the contest you were – was it taking all of your time? 1st place – Mr. Nguyen Kim Dung: I trade in my all time and spend a lot of my time for study forex 2nd place – Mr. Maman Sulaeman: No, I'm trading my relaxing time on the sidelines. 3rd place – Mr. Diding Herdiansyah: of course not, I do Trading about 7 hours/day. What is the key factor to your success? Why are you better than everyone else? 1st place – Mr. Nguyen Kim Dung: I do not feel better than others, perhaps in this contest luck was on my side, I was more in control in my trading and was not easily discouraged. I think has three keys to success in Forex trading. 1. Proper Trading System – means Proper Plan with good Risk Reward Raito 2. Proper money management without greediness 3. Patience. If you want to make effective plan you should make it as simple as possible. 2nd place – Mr. Maman Sulaeman: I always put Money Management and control of emotions for the open position of BUY or SELL. 3rd place – Mr. Diding Herdiansyah: I use money management, control my emotions. What was your strategy? Have you developed a perfect plan or tried various techniques? 1st place – Mr. Nguyen Kim Dung: I used scalping trading techniques. I wish I could trade trends. 2nd place – Mr. Maman Sulaeman: I wear a technique I had learned before him. 3rd place – Mr. Diding Herdiansyah: I just use the standard strategy mt4. What was your most spectacular gain? Have you encountered considerable loss? 1st place – Mr. Nguyen Kim Dung:a good trader? it is difficult. I have been involved in forex market three years. Time is not the problem. It is important that you have to take the heart on it. 2nd place – Mr. Maman Sulaeman: I am familiar with the trading of the year 2011. 3rd place – Mr. Diding Herdiansyah: certainly in every individual is different to be good trader. The last runner – Mr. Mohd Faizul Haris shared his thoughts on the contest: Next time, I would like to defeat another professional participants. I want to improve my skill until I get 1st prize in the next competition. Still, I gained new experience and knowledge. I learn discipline in trading, which is important. I know that I can improve my performance every day, though there is no holy grail technic how to be a professional. First thing to do is to be patient. OctaFX would like to thank all the participant and remind everyone else that next time you can be one of OctaFX Champion Demo Contest winners! Don't let anything stop you from getting into the next Round of OctaFX Champion Demo Contest – prove yourself to be a successful and thoughtful trader, reach new heights, and get a reward you deserve – register in Round 25 OctaFX Champion Demo Contest! Spend your luckiest days with OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

Session Recap: GBP underperforms in quiet trade FXStreet (Córdoba) - A quiet Monday session has seen major pairs in the FX market consolidating in recent ranges following Friday's nonfarm payrolls report. The pound is underperforming, having fallen back below 1.6700 versus the dollar, triggering stops toward a 10-day low of 1.6625. The EUR/USD failed to hold above 1.3900 and entered a consolidation phase within 1.3860/1.3900. The USD/JPY holds above 103.00 while the AUD/USD is struggling around 0.9000. There is no first-tier data scheduled during the New York session, which could see crosses extend consolidation during the next hours. Main Headlines in Europe: Flash: What’s the sentiment around the EUR/USD today? – Commerzbank and Westpac Eurozone Sentix Investor Confidence missed expectations (14) in March: 13.9 ECB's Noyer: Ending SMP sterilization among possible tools Gold retreats around $1,340 Fed's Plosser expects US unemployment to fall to 6.2% by the end of 2014 OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10, 2014 OctaFX.Com News Updates