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Canada Housing Starts s.a (YoY) beat expectations (185K) in February: 192.1K Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10, 2014 OctaFX.Com News Updates

USD/CAD testing 1.1100 FXStreet (Edinburgh) - The USD/CAD is now deflating to the area around the key support at 1.1100 on Monday, down from overnight peaks near 1.1130. USD/CAD surrenders gains After bottoming out in the mid-1.09s last week, spot found the much-needed oxygen in the auspicious Payrolls numbers for the month of February, climbing to the boundaries of 1.1100 the figure in the wake of the release. Next on tap in the Canadian docket will be the Housing Starts, expected to increase at an annual pace of 190K during February. “For the time being, we expect 1.115 in USDCAD to firmly cap offers… we believe most of the USDCAD strength late last week was a classic relief rally in the USD, and mainly a function of how nervous FX investors were about a very weak US report – prior to the release of the data”, commented Stephen Gallo, European Head FX Strategy at BMO. USD/CAD levels to watch The pair is now up 0.04% at 1.1096 facing the next resistance at 1.1132 (high Mar.10) followed by 1.1148 (high Feb.28) and then 1.1160 (high Feb.27). On the flip side, a breach of 1.0998 (daily cloud top) would aim for 1.0955 (low Mar.6) and finally 1.0911 (low Feb.19). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 10, 2014 OctaFX.Com News Updates

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China Consumer Price Index (YoY) in line with forecasts (2%) in February Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 09, 2014 OctaFX.Com News Updates

China Consumer Price Index (MoM) registered at 0.5%, missing expectations (0.8%) in February Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 09, 2014 OctaFX.Com News Updates

Session recap: USD thrown back into the mix FXStreet (Guatemala) - USD/JPY has been a mover yet again with this time being the US session bringing the glory to the dollar through Non Farm Payrolls surprising positively to the upside. The dollar has managed to claim back some lost ground against it's peers into the close of the week. EUR/USD is finishing up nicely bid on the week reaching the weeks high on today’s business at 1.3916. The US economy added 175K jobs during February, surpassing forecasts at 149K and up from January’s 129K (revised from 113K). USD/JPY took off onto the 103 handle again this week extending yesterdays rally to a high of 103.78 bringing in targets for 104.45 en route to the more important 105.45/50 recent high and long term Fibo. GBP/USD was held up on EUR/GBP demand but still was equipped to manage a high of 1.6788 before the Non Farm Payrolls cut those gains down to size and took the pound back into territory of the 1.6720 daily support. Main headlines Non Farm Payrolls rising higher than expectations Canadian Unemployment in-line 7% US Consumer Credit Change rising $13.7B OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 08, 2014 OctaFX.Com News Updates

Flash: Turning monetary policy cycles - Rabobank FXStreet (Guatemala) - Analysts at Rabobank noted that on March 12 the market is expecting the RBNZ to be the first developed world central bank to hike interest rates in the current economic cycle. Key Quotes: “If is chooses to tighten policy the move will focus attention on what is likely to be a gradual wind down of extraordinary policy stimulus from major central banks in the coming years. Even so, a RBNZ rate hike would be in stark contrast to the policies currently being followed by other major central banks”. “While the Fed is tapering the size of its monthly asset purchases programme, QE looks set to remain in place in the US at least until the end of the year”. “In Japan, there is residual speculation that policy settings could yet be loosened further and, while the ECB’s steady policy decision this month appears to lessen the likelihood of further policy measures this year, disinflationary risks suggest it is still too early to completely rule further stimulation for the EZ economy. That said, if growth accelerates in the developed world in 2014 in line with the consensus view, the trend of monetary policy easing that still dominates the most major central banks could be in its dying throes”. “The market is currently expecting the BoE to adjust interest rates higher in Q2 2015 and by the end of next year rate hikes may have been announced by the Riksbank, BoC, RBA and even the Fed and ECB. Even so, there is reason to expect that caution will dominate the outlook for developed world central banks for some time” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 07, 2014 OctaFX.Com News Updates

Flash: USD/CAD longer-term, bullish – TDS FXStreet (Guatemala) - Strategists at TD Securities explained that the USD/CAD’s slide below support the mid 1.10 area (trend and 40-day MA at 1.1047) put a negative spin on the USD/CAD. Key Quotes: “USD/CAD’s slide below support the mid 1.10 area (trend and 40-day MA at 1.1047) put a negative spin on the short-term chart yesterday but the rebound in the market today should draw a line under the prospect of an extended move down in funds”. “The market has recovered yesterday’s loses and the move below noted support points now looks like a “false break”. “Longer-term patterns are encouraging from our USD/CAD-bullish perspective. The market should close the week well off the lows, suggesting a strong rejection of the mid/upper 1.09 zone. The bullish weekly reversal (like the daily signal, above) from mid-February remains intact, as does the broader bull channel. Trend momentum on the longer-term charts remains bullish”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 07, 2014 OctaFX.Com News Updates

Flash: USD/CAD longer-term, bullish – TDS FXStreet (Guatemala) - Strategists at TD Securities explained that the USD/CAD’s slide below support the mid 1.10 area (trend and 40-day MA at 1.1047) put a negative spin on the USD/CAD. Key Quotes: “USD/CAD’s slide below support the mid 1.10 area (trend and 40-day MA at 1.1047) put a negative spin on the short-term chart yesterday but the rebound in the market today should draw a line under the prospect of an extended move down in funds”. “The market has recovered yesterday’s loses and the move below noted support points now looks like a “false break”. “Longer-term patterns are encouraging from our USD/CAD-bullish perspective. The market should close the week well off the lows, suggesting a strong rejection of the mid/upper 1.09 zone. The bullish weekly reversal (like the daily signal, above) from mid-February remains intact, as does the broader bull channel. Trend momentum on the longer-term charts remains bullish”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 07, 2014 OctaFX.Com News Updates

EMEA EM Express: Russian ruble falling for fourth running week on Crimea developments FXStreet (Łódź) - Ukraine continues to remain in focus in Europe, following the decision of Crimea's parliament to carry out a referendum among the region's residents on whether they want to join Russia or remain part of Ukraine. Sanctions on Russia announced yesterday by the EU and the US don't seem to discourage Putin from declarations that the authorities in Kiev's decisions on the region are illegitimate.” It was also reported that the Russian military has been carrying out massive drills not far from the border with Ukraine, while the Organization for Security and Co-operation in Europe (OSCE) monitors sent to Crimea were prevented from entering by unidentified armed men for the second day. The markets have stabilized somewhat after the EU announced that it would provide aid for Ukraine of at least 11 billion euros. Ukrainian bonds were volatile late on after Kiev suggested that it is considering debt restructuring. In the opinion of the Deutsche Bank Chief EMEA Economist’s however: „under an IMF-led external assistance package, a hard restructuring (e.g. notional haircuts) is unlikely to be necessary given Ukraine's relatively low level of government debt (about 43% of GDP).” Economic data The Czech Statistical Office year-on-year Q4 GDP data released on Thursday showed a 1.3% increase compared to the 1.3% drop seen the previous month. Hungarian Industrial Output grew by 6.1% in January on an annual basis, down from the 6.8% increase registered in December. Month-on-month it jumped 3.1%. Hungary's PMI data as well as confidence indicators have also been improving and Andras Balatoni from ING says that even though GDP growth is expected to slow down it should still “stay in positive territory”. The National Bank of Poland released FX Reserves numbers which point to a drop to €75.90B at the end of February from €78.50B. Meanwhile, the Gross Gold & Forex Reserves released on Friday by the South African Reserve Bank for February revealed a rise to $50.137B, while the Net Gold & Forex Reserves stood at $45.337B. Technicals The ruble weakened by 0.4% 42.5630 against the Russia's central bank euro-dollar basket on the news of the Crimean parliaments vote in favor of the region becoming part of the Russian Federation, heading towards a fourth weekly decline. The daily FXStreet Trend Index for USD/RUB is slightly bullish, with the OB/OS Index neutral. RSI was neutral at 67.5537 at the last close. Daily 2-StDev Volatility Bandwidth is expanding at 5332 pips, with ATR (14) expanding at 4046 pips. The 1D 200 SMA is at 33.1000, while the 1D 20 EMA is neutral at 35.6278. The USD/UAH daily FXStreet Trend Index is slightly bullish, with the OB/OS Index neutral. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 07, 2014 OctaFX.Com News Updates

Canada Unemployment Rate meets forecasts 7% in February Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 07, 2014 OctaFX.Com News Updates

USD/CAD capped by 1.1000 FXStreet (Edinburgh) - The weakness surrounding the greenback plus the upbeat sentiment around the risk appetite is keeping the USD/CAD below the 1.100 psychological barrier so far. USD/CAD supported at 1.0960 The pair found decent support in the area of weekly lows near 1.0960 on Thursday, managing to gather some steam and attempt an assault to 1.1000 during the European morning. The current rebound would be put to the test however, as February’s Payrolls are due later in the US economy (consensus expecting 149K) along with labour market data in Canada. “A less constructive mix of results (better US data, disappointing Canadian figures) needs to get USDCAD back through 1.1045 (40-day MA) to stabilize”, suggested Shaun Osborne, Chief FX Strategist at TD Securities. USD/CAD significant levels The pair is now losing 0.01% at 1.0990 and the initial support aligns at 1.0955 (low Mar.6) followed by 1.0911 (low Feb.19) and then 1.0905 (low Jan.16). On the upside, a breakout of 1.1046 (high Mar.6) would open the door to 1.1101 (high Mar.5) and finally 1.1118 (high Feb.5). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 07, 2014 OctaFX.Com News Updates

Flash: EUR/USD pressuring highs ahead of US Non Farm Payrolls - FXStreet FXStreet (Barcelona) - Valeria Bednarik, FXStreet Chief Analyst notes that as expected, markets had been in consolidation mode ever since Asian opening, waiting for the release of US Non Farm Payroll data. Key Quotes “The EUR/USD has remained steady above the broken trend line coming from the all time high of 1.6038, and even completed a pullback to it before bouncing to reach fresh year highs around 1.3882.” “The strong upward acceleration following ECB decision to leave economic policy unchanged suggest the pair is ready for another leg higher, probably towards fresh highs beyond 1.3900,past December high, albeit cautious investors are rather waiting a confirmation of what is being largely suspected and rumored over the last few weeks: that the US employment sector remains subdue and therefore, the country’s economic recovery.” “Given that picture, investors are now mostly waiting for a disappointing number to rush into buying mode and trigger a strong upward continuation, eyeing 1.3920 immediate short term resistance, ahead of key 1.4000 figure.” “But what if the number overcomes expectations? In that case and only if the reading is well above the 150K expected, the dollar may get a temporal boost against the EUR, but buyers won’t hesitate to jump in on approaches to 1.3820 area first, and if this last is taken, around 1.3770.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 07, 2014 OctaFX.Com News Updates

OctaFX.com - OctaFX reintroduces Bank Wire Transfer! Dear traders! We would like to have you informed that Bank Wire Transfers are now fully available. OctaFX Technical Department in collaboration with Financial Department restored and upgraded the service and our team is glad to notify you that deposits and withdrawals through Bank Wire transfer are ready to use. Before you deposit your funds to your trading accounts, there is one thing we would like to emphasize – bank details have been altered, so please, pay your attention while making deposits and withdrawals. Please wire the funds to and from OctaFX using new bank details available at your Personal Area – if you have some predesigned templates, please, change them accordingly. 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 support@octafx.com We Doing our best to ensure your comfortable trading! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

Canada Building Permits (MoM) rose 8.5% MoM in January Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06, 2014 OctaFX.Com News Updates

EUR/USD spiked to 1.3780 on ECB FXStreet (Edinburgh) - The EUR/USD is now back to the 1.3760 region after a brief jump to the boundaries of 1.3780 on unchanged ECB. EUR/USD propped up by ECB The ECB finally did not deliver any change in its current monetary policy, disappointing investors who where expecting a 10-15 bps repo rate cut or even moving towards negative deposit rates. Next on tap will be the press conference by President Draghi, which will be closely watched by traders. “We expect the EUR to trade relatively strongly through today's ECB policy decision and press conference, most notably versus the USD. Topside resistance seen at 1.3740-80, while a confirmed break of 1.3815 would add to upside momentum”, suggested Paul Robson, Senior FX Strategist at RBS. EUR/USD levels to watch The pair is now up 0.18% at 1.3754 with the next hurdle at 1.3782 (high Mar.4) and then 1.3793 (high Mar.3). On the flip side, a break below 1.3707 (low Mar.5) would aim for 1.3703 (21-d MA) and then 1.3694 (low Feb.28). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06, 2014 OctaFX.Com News Updates

US Challenger Job Cuts (YoY) fell from 45.107K to 41.835K in February Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06, 2014 OctaFX.Com News Updates

EUR/GBP rises after BoE FXStreet (Córdoba) - The EUR/GBP reached fresh daily highs as the British pound weakened across the board after the Bank of England decided to keep its policy unchanged and its interest rate at a record low of 0.5% for fifth year, as widely expected. The EUR/GBP jumped to the 0.8230 zone but the 10-day SMA offered resistance. At time of writing, the pair is trading at the 0.8220 area, recording a 0.1% gain ahead of next key event, the ECB decision at 12:45GMT. EUR/GBP technical levels In terms of technical levels, if the EUR/GBP breaks decisively above 0.8230, next resistances are seen at 0.8246 (Mar 5 high) and 0.8259 (Mar 4 high). On the flip side, supports could be found at 0.8205/0.8200 (Mar 6 low/psychological level) and 0.8191 (Feb 28 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06, 2014 OctaFX.Com News Updates

EUR/USD in highs on German data FXStreet (Edinburgh) - The EUR/USD attempted to follow through the 1.3750 level post-German data on Thursday, printing at the same time fresh daily highs. EUR/USD locked within 1.3720-1.3750 At least the pair woke up from the congestion pattern near 1.3730 after German Factory Orders expanded 1.2% inter-month and 8.4% in a year to January, surpassing previous surveys. “All in all, today’s data send two important messages for the German growth outlook. The near term looks very rosy and industrial production should gain further momentum. To maintain this momentum into the longer term, however, the economy needs more domestic demand”, assessed Carsten Brzeski, Analyst at ING Bank NV. EUR/USD levels to watch The pair is now up 0.08% at 1.3741 with the next hurdle at 1.3749 (high Mar.5) followed by 1.3782 (high Mar.4) and finally 1.3793 (high Mar.3). On the flip side, a break below 1.3707 (low Mar.5) would aim for 1.3703 (21-d MA) and then 1.3694 (low Feb.28). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 06, 2014 OctaFX.Com News Updates

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AUD/USD tests daily highs following ADP data FXStreet (San Francisco) - As far as the USD is trading under pressure following a weak ADP February number, the Aussie joined the environment and after jumping 20 pips in the latest few minutes, the AUD/USD priced at daily highs around 0.8990. The ADP employment report showed that the US added 139,000 new jobs in February, a weak reading below expectations of 160,000. January figure was revised down to 127,000. AUD/USD sentiment The pair remains below the 0.9000 key mark; now it's trading at 0.8980, 0.30% positive in the day. The short term perspective is slightly bullish according to the FXStreet trend index in the 15-minute chart. Indicators are mixed as CCI is bearish while Momentum is pointing to the north and MACD and Stochastic are neutral. The AUD/USD would face Immediate resistances lining up at 0.9000 (psychological level) and 0.9025 (Feb 26 high). On the flip side, supports are seen at 0.8910/09 (50-day SMA/Mar 4 low) and 0.8890 (Mar 3 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 05, 2014 OctaFX.Com News Updates

EUR/USD wavers after ADP report FXStreet (Córdoba) - The EUR/USD bounced from lows and completely erased intraday losses following a weak ADP employment report for the US. Private employment in the US rose by 139,000 in February from 127,000 the previous month and missing expectations of 160,000 new jobs. The weak outcome weighed on the greenback as investors use the ADP report to anticipate the government ">nonfarm payrolls that will be released next Friday. The EUR/USD rose to a fresh daily high of 1.3745 right after the data but quickly returned to the 1.3720 zone, where it is 0.2% below its opening price. EUR/USD technical outlook "The pair is still in a process of testing 1.3725 support zone and a violation of that area will expose 1.3690 hurdle", said Stoyan Mihaylov, analyst at DeltaStock.com. "A break through 1.3780 will confirm an upmove towards 1.3893". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 05, 2014 OctaFX.Com News Updates

AUD/USD resumes advance but holds below 0.9000 FXStreet (Córdoba) - The AUD/USD has slowly moved higher during the European session, gaining back ground after sharp swings in the wake of stronger-than-expected Australian GDP. The AUD/USD pulled back sharply after being rejected by the 0.8995 area and fell to a low of 0.8933 before resuming the advance. However, the latest bullish attempt has been capped by the 0.8980 zone, confining the pair to a phase of consolidation ahead of the Wall Street opening. AUD/USD technical levels At time of writing, the Aussie is trading at the 0.8975 zone, recording a 0.3% gain on the day, with immediate resistances lining up at 0.8900 (psychological level) and 0.9025 (Feb 26 high). On the flip side, supports are seen at 0.8910/09 (50-day SMA/Mar 4 low) and 0.8890 (Mar 3 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 05, 2014 OctaFX.Com News Updates

Barroso announces EC package of financial support for the Ukraine FXStreet (Barcelona) - The European Commission has agreed a financial support package to assist the Ukraine. Speaking today, the European Commission president José Manuel Barroso said that: "The most immediate priority for the EU is to contribute to a peaceful solution to the current crisis, in full respect of international law" Barroso added: "In parallel, the international community should mobilise to help Ukraine stabilise its economic and financial situation. The European Commission is proposing today a package designed to assist a committed, inclusive and reforms oriented Government in rebuilding a stable and prosperous future for Ukraine. What we propose could bring overall support of at least EUR11 billion over the next couple of years from the EU budget and EU-based international financial institutions." Key elements of the package agreed today: • EUR3 billion from the EU budget in the coming years, EUR1.6 billion in macro financial assistance loans (MFA) and an assistance package of grants of EUR1.4 billion; • Up to EUR8 billion from the European Investment Bank and the European Bank for Reconstruction and Development; • Potential EUR3.5 billion leveraged through the Neighbourhood Investment Facility; • Setting up of a donor coordination platform; • Provisional application of the Deep and Comprehensive Free Trade Area when Association Agreement is signed and, if need be, by autonomous frontloading of trade measures; • Organisation of a High Level Investment Forum/Task Force; • Modernisation of the Ukraine Gas Transit System and work on reverse flows, notably via Slovakia; • Acceleration of Visa Liberalisation Action Plan within the established framework; Offer of a Mobility Partnership; • Technical assistance on a number of areas from constitutional to judicial reform and preparation of elections. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 05, 2014 OctaFX.Com News Updates