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US: Non farm payroll forecast – Danske Bank FXStreet (Delhi) – Research Team at Danske Bank, suggest that today's key event is the US is non-farm payroll report and they expect a slowdown in job growth in September to 180,000 and even though this is slower than the recent trend, it is still enough, if sustained, to put additional downward pressure on the unemployment rate. Key Quotes “Over the past three months, the US economy has added, on average, 221,000 jobs per month - a pace that cannot be sustained in an economy where potential labour force growth is only around 150,000 per month and even lower if we do not see an increase in the labour participation rate.” “In our view, job growth will need to drop below the 160,000 mark before the Fed will see it as an obstacle to starting the tightening cycle later this year. In terms of the unemployment rate, we expect the rate to stay unchanged at 5.1% in September but to head below 5% by year-end.” Oct 02,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/GBP: spike in Sterling quickly erased FXStreet (Mumbai) - Sterling saw a modest spike on the back of a strong UK construction PMI, pushing the EUR/GBP pair to a low of 0.7355, before recovering to trade around 0.7365 levels. Rejected at 0.74 The EUR/GBP pair was rejected earlier today at 0.7397 following which it fell to 0.7370 and extended losses further after the UK construction PMI rose to a 7-month high in September. Though the pair has recovered slightly from its daily lows, it is largely unchanged on the weekly basis. Whether the pair will end the week with gains or losses depends on the US non-farm payrolls report due for release later today. EUR/GBP Technical Levels The immediate resistance is located at 0.7400 (weekly 50-MA), above which the gains could be extended to 0.7436 (weekly high). On the other side, support is seen at 0.7350 (10-DMA) and 0.7227 (50-DMA). Oct 02,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

UK construction output rose to 7-month high in September FXStreet (Mumbai) - The headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) jumped to 59.9 in September from August’s 57.3. Key Points Volumes of new work rose at a robust pace in September. However, the latest increase was the slowest for five months. Employment growth was sustained across the construction sector for the twenty-eighth month running in September. The rate of input price inflation eased to a five-month low. Oct 02,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

US: World Bank warns against Fed lift-off – Deutsche Bank FXStreet (Delhi) – Darren Gibbs, Chief Economist at Deutsche Bank, suggests that the investor’s sentiment was dented by the recent statement from the World Bank President in which he warned against the consequences of Fed lift-off this year. Key Quotes “We suspect that market sentiment wasn’t helped by comments made by World Bank President Jim Yong Kim, who told CNBC that growth will be slow globally, especially in emerging markets, and argued that a Fed rate rise this year would have very serious negative effects for emerging markets. He went on to note that oil and gas producers were already in a terrible situation and that when and if Iranian production comes online he expects the price of oil and gas to fall another $10.” “The overnight dataflow – which we discuss further below – didn’t provide strong direction. We do note that the Atlanta Fed’s ‘GDPNow’ estimate of Q3 GDP growth was cut in half to 0.9% saar, largely on the back of the very weak advance trade data released earlier in the week.” Oct 02,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD forecast: all eyes on US Payrolls – Commerzbank and Rabobank FXStreet (Edinburgh) - EUR/USD is trading on the softer side on Friday, hovering over the 1.1170 area ahead of US Payrolls for the month of September (203K exp.). Karen Jones, Head of FICC Technical Analysis at Commerzbank, argued spot “has managed to bounce off the 55 day ma at 1.1152 today. The rally will ideally terminate 1.1184/1.1200 and the risk remains for a re-visit of the current September lows at 1.1105/1.1088. Failure at 1.1088 would trigger a move to 2015 uptrend at 1.0968.This remains a key break down point”. Furthermore, Senior Currency Strategist at Rabobank Jane Foley added “a speech by Fed Chair Yellen on September 24 strengthened the odds in favour of a rate hike from the FOMC by the end of the year, in line with our view. Simultaneously the market is speculating that the ECB may be prepared to increase its asset purchasing programme, potentially by the end of the year. In essence this re-establishes the theme of interest rate differentials bearing down on EUR/USD in the coming months and we have maintained our forecast that EUR/USD can head lower towards 1.08 on a 6-months view”. Oct 02,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

NZD: Commodity price index posts first gain in six months – Deutsche Bank FXStreet (Delhi) – Darren Gibbs, Chief Economist at Deutsche Bank, notes that the ANZ index of prices for New Zealand’s main commodity exports rose 5.5% mom in September in world price terms – the first increase since March. Key Quotes “As expected the increase was led by the dairy sector (average prices rising 15.1% mom), with partially offsetting contributions from price declines for meat, horticultural, forestry and seafood commodities.” “The index was still down 18.2% yoy but should show some further improvement in October as rising dairy prices continue to feed through. With the NZ dollar weakening in September the NZD-denominated index rose 9.3% mom and was 2.7% higher than a year earlier.” Oct 02,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

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Brazil HSBC PMI Manufacturing increased to 47 in September from previous 45.8 FXStreet.com (Barcelona) For more information, read our latest forex news. Oct 01,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD extends the rebound to 1.1170 FXStreet (Edinburgh) - The common currency keeps recovering ground vs. the dollar on Thursday, now pushing EUR/USD to the area of 1.1165/70. EUR/USD a tad better on US data The pair has trimmed further its earlier losses after US Initial Claims have ticked higher to 277K in the week ended on September 25th, missing forecasts at 270K and up from 267K recorded in the previous week. In the meantime, market participants keep waiting for the more relevant ISM Manufacturing, expected at 50.6 for the last month, followed by the speech by the President of the Federal Reserve Bank of San Francisco, John Williams. EUR/USD levels to watch As of writing the pair is losing 0.14% at 1.1159 and a breakdown of 1.1116 (low Sep.25) would aim for 1.1105 (low Sep.22) and then 1.1057 (low Aug.12). On the other hand, the initial resistance aligns at 1.1260 (high Sep.30) ahead of 1.1281 (high Sep.29) and finally 1.1296 (high Sep.24). Oct 01,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

GBP: Narrower current account deficit and stronger growth comes to rescue - MUFG FXStreet (Delhi) – Lee Halpenny, Currency Strategist at MUFG, suggests that the UK pound has underperformed during the current period of heightened risk aversion which has pushed it lower than justified by relative economic fundamentals in our view but the recently released stronger GDP data and narrower current account deficit are likely to support the GBP. Key Quotes “The still favourable relative economic fundamentals were evident again yesterday in the latest UK GDP report which revealed an upward revision to growth. The economic recovery in the UK since the global financial crisis was stronger than initially recorded leaving real GDP at the end of Q2 at 5.9% higher than the peak prior to the global financial crisis compared to the previous estimate of 5.2%.” “There was also a more favourable development in the UK’s current account deficit which narrowed more sharply than expected to 3.6% of GDP in Q2 from 5.2% of GDP in Q1. The narrowing was mainly driven by the trade deficit which reached its lowest level since 1998. The trade balance can be erratic and likely exaggerates the underlying improvement in the current account deficit, which remains elevated and a long-term concern. We still see scope for the pound to regain lost ground ahead.” Oct 01,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/SEK rangebound between 9.30-9.60 – Danske Bank FXStreet (Edinburgh) - Senior Analyst at Danske Bank Sverre Holbek believes the cross could remain trading within the 9.30-9.60 range in the near to medium term. Key Quotes “The improving risk appetite is spilling over into Scandi currencies with in particular EUR/SEK falling sharply”. “We expect that EUR/SEK will continue to respect the 9.30- 9.60 range given the threat of further Riksbank rate cuts”. “Interestingly, FX flow data from Norges Bank for the week including the Norges Bank rate cut last week showed that the weakening of the NOK was far greater than what a historical/statistical relationship would suggest, supporting an underlying liquidity- and risk premium in NOK”. “We expect EUR/NOK to stabilise in coming weeks forecasting EUR/NOK at 9.40 in 1M”. Oct 01,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR: ECB easing speculations bolstered by dipping inflation – MUFG FXStreet (Delhi) – Lee Halpenny, Currency Strategist at MUFG, notes that the speculations about further easing from the ECB has been strengthened by the falling inflation in the Eurozone as the euro has weakened modestly driven both by the tentative improvement in the global investor risk sentiment. Key Quotes “The release of the weaker than expected inflation report from the euro-zone revealed that the annual rate of headline inflation fell back into negative territory declining by 0.2 percentage point to -0.1% in September. However, it was reassuring that the annual rate of core inflation remained stable at 0.9%.” “The ECB has signalled clearly that it has moved closer to easing policy further and is sensitive to downside risks to inflation in the near-term. S&P announced yesterday the most aggressive forecast yet for further ECB stimulus expecting it to extend QE beyond September 2016 and most likely until mid-2018 which could result in total purchases of EUR2.4 trillion which is more than double the original commitment of around EUR1.1 trillion.” “It appears unlikely that the ECB will announce such aggressive easing in the near-term, although S&P’s forecast highlights that the euro still remains subject to downside risks ahead.” Oct 01,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD recovers to 1.1165 as EU stocks rally fizzles FXStreet (Mumbai) - The EUR/USD pair found fresh bids just below the 100-DMA then located at 1.1140 levels and attempts a weak recovery as the European stocks take a breather in their rally, with markets digesting a set of dismal PMIs from the Euro zone. Heads towards daily highs The EUR/USD pair trades -0.18% lower at 1.1157, recovering from fresh weekly lows struck at 1.1136 levels post the PMIs. The offered tone around the EUR/USD pair eased a bit as the stocks on the European indices halted their upsurge and retreated from highs, in a delayed reaction to the weak German and EU manufacturing PMI reports. The pan-European benchmark, the Euro Stoxx 50 now trades 0.77% higher at 3,124, retreating from 3,142 .50 highs. While the DAX also drops from 9,786 highs and trades +0.46% at 9,700 levels. On the data space, the final manufacturing PMI for the euro zone came in at 52.0 points in the ninth month of the year, and below August's reading of 52.3, although matched estimates. While Germany’s final PMI for manufacturing sector fell to 52.3 in Sept, down from August's final reading of 53.3 points, against 52.5 expectations. Later in the day, attention turns towards a slew of US macro data including the ISM manufacturing survey, weekly jobless claims and construction spending data for fresh incentives. EUR/USD Technical Levels The pair has an immediate resistance at 1.1179 (Today’s High), above which gains could be extended to 1.1204 (50-DMA) levels. On the flip side, support is seen at 1.1100 (Psychological levels) below which it could extend losses to 1.1079 (200-DMA) levels. Oct 01,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD keeps lows around 1.1140 on PMIs FXStreet (Edinburgh) - The shared currency remains entrenched in the negative territory in the second half of the week, taking EUR/USD to the mid-1.1100s so far. EUR/USD lower on risk-on trade Auspicious prints from the Chinese manufacturing PMI have sparked a wave of risk appetite early in the day, hurting the demand for EUR and prompting spot to extend the ongoing correction lower to the 1.1140/35 band. The final figures of the manufacturing PMIs in Euroland for the month of September have come in mixed today, intensifying the downside pressure on the pair. In the data space, the ISM Manufacturing is taking centre stage across the pond, seconded by Markit’s manufacturing PMI, Initial Claims and the speech by FOMC member Williams. EUR/USD levels to watch As of writing the pair is losing 0.27% at 1.1143 and a breakdown of 1.1116 (low Sep.25) would aim for 1.1105 (low Sep.22) and then 1.1057 (low Aug.12). On the other hand, the initial resistance aligns at 1.1260 (high Sep.30) ahead of 1.1281 (high Sep.29) and finally 1.1296 (high Sep.24). Oct 01,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

OctaFX.com-OctaFX Spreads and conditions! Please find information about OctaFX forex spreads and other trading conditions on this page including actual swap rates, pip prices for various currency pairs and all the relevant information for your trading. * 1 point (pip) is calculated as: For 5-digit pricing currency pairs - by 4th digit (0.0001); For 3-digit pricing currency pairs - by 2nd digit (0.01). For XAUUSD - by 1st digit (0.1). Stand out for outstanding with 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!

BOJ: Investors awaiting the policy response in lieu of risk of recession – BBH FXStreet (Delhi) – Research Team at BBH, suggest that investors in Japan are focused on the likely policy response to the downdraft in the data. Key Quotes “The risk of a recession (defined as two quarters of contraction) is heightening speculation of a supplemental budget (though Prime Minister Abe has played this down) and changes in the BOJ's asset purchases.” “A recent Bloomberg survey shows that about a third of the respondents expects the BOJ to step up its efforts (from JPY80 trillion a year) as early as next month.” Sep 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USD/JPY rangebound within 118.60-120.90 – OCBC FXStreet (Edinburgh) - FX Strategist at OCBC Bank Emmanuel Ng expects USD/JPY to remain in a consolidative range between 118.60 and 120.90. Key Quotes “Look to the 3Q 15 Tankan late Wed/early Thursday with the surprise -0.5% mom contraction in Aug industrial production likely to keep the pair supported within a 118.60-120.90 range barring a further meltdown in risk appetite”. “In the interim, any sustained departure from the 120.00 handle may require either risk appetite or USD-centric headlines”. Sep 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

GBP/USD extends the UK GDP-rally towards 1.5200 FXStreet (Mumbai) - The bid tone around the GBP/USD pair remains intact in the mid-European trades, as the cable continues to benefit from the improving risk-on moods and also from solid economic growth confirmed in the UK. Holds above hourly 50-MA The GBP/USD pair trades 0.24% higher at fresh session highs of 1.5188, finding good support at hourly 50-MA. The cable bounced-off from close to multi-month lows and rallied more than 50 pips after the markets cheered the latest UK Q2 GDP report (confirmed at 0.7%). Moreover, the favourable risk conditions amid rallying European stocks, boosts the appetite for riskier currencies such as the GBP. The pan-European benchmark, the Euro Stoxx 50 jumps nearly 2.50% while the UK’s FTSE is up 2%. Meanwhile, the upcoming US datasets including the US ADP employment report and the Chicago PMI will influence GBP/USD. While the Fed Chair Yellen’s speech will be also closely eyed. GBP/USD Levels to consider The pair has an immediate resistance at 1.5208 (Sept 29 High) above which gains could be extended to 1.5243 (Sept 28 High) levels. On the flip side, support is seen at 1.5126 (Sept 29 Low) below which it could extend losses to 1.5100 levels. Sep 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/USD muted on EMU’s CPI FXStreet (Edinburgh) - The European currency kept the composure after the release of EMU’s CPI figures, with EUR/USD hovering over the 1.1230/20 band. EUR/USD in red above of 1.1200 The pair remained within the recent range despite consumer prices in the euro area have disappointed expectations, with CPI contracting at an annual pace of 0.1% vs. forecasts for a flat reading and down from July’s 0.1% advance. The core print stayed put at 0.9%, matching estimates. Further releases have seen the unemployment in the euro bloc ticking higher to 11.0% during August, up from the 10.9% previous and initially forecasted. Next of relevance in the pair will be the ADP Employment Change (195K exp.) followed by the speech by Chairwoman J.Yellen. EUR/USD levels to watch As of writing the pair is losing 0.18% at 1.1227 and a breakdown of 1.1194 (low Sep.29) would aim for 1.1146 (low Sep.28) and then 1.1105 (low Sep.23). On the other hand, the initial resistance aligns at 1.1281 (high Sep.29) followed by 1.1296 (high Sep.24) and finally 1.1330 (high Sep.21). Sep 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

GBP/JPY above hourly 100-MA after UK GDP data FXStreet (Mumbai) - The GBP/JPY pair quickly jumped to trade above its hourly 50-MA located at 182.44 levels even though the annualised Q2 GDP figure was revised lower by the UK Office for National Statistics. Technical correction amid risk on rally Sterling is witnessing a technical correction after the ONS left the growth rate unchanged at 0.7% q/q. Meanwhile, the Japanese Yen is under pressure on account of the risk-on rally in the European equity markets. Even the US index futures are trading in the green. Consequently, the stage appears set for the GBP/JPY to witness a technical correction after having shed more than 700 pips in last six trading sessions. GBP/JPY Technical Levels The pair clocked a high of 182.70, before falling back slightly to trade around 182.50. The immediate resistance is located at 182.53 (5-DMA), followed by a major hurdle at 183.31 (Sep 29 high). On the other side, support is seen at 180.95 (Tuesday’s low) and 180.36 (Sep 7 low). Sep 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

EUR/GBP cracks 0.7300 on UK data FXStreet (Mumbai) - The cross in the EUR/GBP extended losses and hammered through 0.73 barrier, following the release of the UK’s GDP report and the current account data. EUR/GBP breaks below hourly 50-MA Currently, the EUR/GBP pair falls -0.42% to fresh session lows of 0.7392, failing to resist the hourly 50-MA then located at 0.7405. The EUR/GBP cross accelerated to the downside as the pound was boosted across the board after the UK Q2 GDP showed solid growth momentum while the current account deficit narrowed in the second quarter. The ONS showed that the UK's GDP stood solid in the second quarter, remaining at 0.7% q/q. While the current account deficit narrowed to GBP16.8 billion in Q2, down from a revised deficit of GBP24 billion in previous quarter. The cross remains pressured also on EUR/USD weakness as dismal German datasets continue to weigh on the investors’ sentiment. Meanwhile, focus now shifts towards the EZ CPI and employment data due later today for further momentum. EUR/GBP Technical Levels To the upside, the next resistance is located at 0.7431 (Today’s High) levels and above which it could extend gains to 0.7487 (May Highs) levels. To the downside immediate support might be located at 0.7333 (Sept 28 Low) below that at 0.7292 (Sept 11 Low). Sep 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USD/JPY at fresh highs amid risk-on rally in equities FXStreet (Mumbai) - The risk-on rally in the European equities reduced the demand for the Yen and other traditional safe haven assets, thereby ensuring the USD/JPY pair extended gains to print a fresh session high of 120.22 levels. Trades above hourly 200-MA The spot sits comfortably above its hourly 200-MA located at 120.07 levels. The risk-on seen in Europe pushed the Yen lower across the board and pushed the treasury yields higher. The pan-European Euro Stoxx 600 index strengthened more than 1%. Ahead in the day, the focus is likely to be on the US ADP employment report, which could show the private sector in the US added 190K jobs in September. Apart from that, the sentiment on the Wall Street could influence the pair as well. USD/JPY Technical Levels The immediate resistance is seen at 120.60 (Monday’s high), above which the pair could target 120.88 (200-DMA). On the other side, support is seen at 119.68 (daily low) and 119.00 levels. Sep 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!

USDCAD: GDP increase likely to break string of five consecutive declines – TDS FXStreet (Delhi) – Prashant Newnaha, Rates Strategist at TD Securities, suggests that Canadian industry-level real GDP is forecast to have increased by 0.2% m/m in July and this forecasted gain would build on the 0.5% monthly pop in June which in turn broke the streak of five consecutive monthly declines. Key Quotes “Growth should be supported in large part by the manufacturing industry and the temporary lift from the PanAm games. Activity elsewhere is expected to be more subdued, with a soft performance expected from the real estate sector and in retail sales.” “The rebound in growth to start Q3—currently tracking around 2.2-2.5%—will help eclipse the Bank of Canada’s very conservative 1.5% annualized forecast which will provide ample justification to keep the overnight rate on hold.” Sep 30,2015 OctaFX.Com News Updates Trade with OctaFX - the Most Reliable Forex broker!