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EUR/USD remains above 1.1200 on US data FXStreet (Edinburgh) - EUR/USD manages to keep the trade above the 1.1200 handle on Monday, following the results from the US data releases. EUR/USD around 1.1220 The pair remained apathetic after US Personal Spending contracted more than expected 0.2% in January vs. 0.1% initially forecasted; Personal Income also disappointed investors, gaining 0.3% during the same period, below 0.4% expected albeit matching December’s reading. Further data showed the inflation measured by the Personal Consumption Expenditures rising 0.1% MoM while Core PCE rose above expected 1.3 on a year to January. EUR/USD levels to consider At the moment the pair is up 0.23% at 1.1216 with the initial hurdle at 1.1245 (high Feb.27) followed by 1.1317 (10-d MA) and finally 1.1345 (21-d MA). On the downside, a breach below 1.1100 (psychological level) would open the door to 1.1098 (11-year low Jan.26) and then 1.1000 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 02,2015 OctaFX.Com News Updates

GBP/USD weakens with fall in UK Gilt yields FXStreet (Mumbai) - The British Pound weakened due to weakness in the UK Gilt yields, taking the GBP/USD down to 1.5378 levels. The pair failed to sustain above 1.54 levels despite the UK manufacturing PMI in February rose to a seven month high. GBP/USD: Bond yields spread favors USD The Pound weakened as the yield spread between the UK 10-year yield and the US 10-year yield is in favor of the US dollar. The 10-year Treasury yield in the US is trading 1 basis point higher at 2.012%, while the UK 10-year Gilt yield is down 3.1 basis points to 1.746%. Moreover, the weakness in the Gilt yield contradicts the data released today, that showed manufacturing PMI at 54.1. The bond yield spread may tilt further in the favor of the USD if the ISM manufacturing index and personal spending and income data in the US beats the market expectations. GBP/USD Technical Levels The pair currently trades at 1.5384; down 0.35%. The immediate support is seen at 1.5342 and 1.5318 levels. On the flip side, resistance is seen at 1.5408 and 1.5447 (100-DMA) levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 02,2015 OctaFX.Com News Updates

CFTC: USD longs consolidation at their recent highs - Rabobank FXStreet (Barcelona) - The Rabobank Team reviews the IMM Net Speculators’ Positioning data as at 24 February 2014. Key Quotes “Long USD positions increased modestly last week. They appear to be consolidating off their recent highs but still at very elevated levels.” “EUR shorts fell for the third consecutive week although they remain substantial. News that Greece has agreed to a bailout extension with its creditors in addition to some better Eurozone data releases has lent the EUR some support. That said, the start of the ECB’s QE programme could pressure the EUR in March." “For the fifth consecutive week, net GBP shorts edged lower. Pre-election uncertainty remains a negative sterling factor. However, the fact that UK bonds still offer better yield relative to many European alternatives coupled with assurances from BoE Governor Carney that the Bank will look through disinflation pressures (on the basis that low commodity prices is good for growth), is lending the pound support.” “Net JPY shorts edged lower for a sixth week and are now less than half the size of their December highs. Any recovery in BoJ easing hopes could again undermine the JPY.” “AUD net shorts edged pushed higher. They are holding at their highest level since Jan 2014. Net CADs shorts increased to their highest levels since April 2014.” “CHF net shorts appear to have settled at moderately negative levels after January’s SNB’s surprise policy decision.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 02,2015 OctaFX.Com News Updates

Gold awaits US data FXStreet (Mumbai) - Gold prices are trading steady just above the 100-DMA located at USD 1215.54/Oz levels, ahead of the US personal income and spending data followed by the ISM manufacturing number. Gold: Strong US data could weaken prices The yellow metal could fall below 100-DMA if the personal spending in February enters positive territory after a 0.3% contraction seen in January. On similar lines, a better-than-expected ISM manufacturing figure in February could weigh on the yellow metal. In the meantime, the slight decline of 0.1% in the USD index is supporting the metal. The negative action in the European equities also helps the safe haven metal. Gold Technical Levels The metal currently trades at USD 1216.60/Oz; up 0.29%. The immediate resistance is seen at at 1219.5, above which prices could re-test the daily high of 1223.1. On the flip side, support is seen at 1215.46, under which losses could be extended to 1211.76 (5-DMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 02,2015 OctaFX.Com News Updates

US NFP this Friday to raise the prospect of a Fed rate hike – BTMU FXStreet (Barcelona) - According to Derek Halpenny, European Head of GMR at Bank of Tokyo-Mitsubishi UFJ, Friday’s NFP will likely come out stronger and raise the prospect of a rate hike by the Fed, and further adds that a delay in the rate hike will not undermine USD strength, as global easing will keep the dollar supported. Key Quotes “On Friday, the NFP data is likely to confirm another solid month of job gains that will leave open the prospect of the Federal Reserve raising the federal funds rate for the first time since 2006.” “One key area of the report will of course be the growth in average earnings. The 0.5% gain last month is expected to be followed by a 0.2% gain and our internal estimate based on other measures of labour market spare capacity continue to point to an acceleration in annual wage growth toward 3.0% in the second half of the year.” “Wages and Salaries in the Employment Cost Index report is showing a pick-up is underway with the annualised growth rate in the second half of last year at 2.5%.” “With gasoline and energy prices lower, the boost to real incomes will be key for supporting personal consumption and giving the Fed the confidence to believe economic growth has become more sustainable.” “The employment reports are always important – but the next few reports will be crucial in determining whether market rates have to adjust sharply higher or the FOMC has to adjust its message to the markets on the timing of the first rate increase.” “Crucially though, while a delay may undermine the dollar, the dollar will remain supported by the much more active easing taking place internationally.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Mar 02,2015 OctaFX.Com News Updates

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OctaFX.com-Happy weekend to all! “We are honored to receive this award - public votes decided the winners, and to our team there’s nothing more valuable than the fact that we are trusted by our clients and FX Empire audience”. OctaFX Team! Trade with OctaFX - the Most Reliable Forex broker! Stand out for outstanding with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com-Happy weekend to all! “We are honored to receive this award - public votes decided the winners, and to our team there’s nothing more valuable than the fact that we are trusted by our clients and FX Empire audience”. OctaFX Team! Trade with OctaFX - the Most Reliable Forex broker! Stand out for outstanding with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com-OctaFX receives the title of Most Reliable Forex Broker in FX Empire Awards 2014! OctaFX is proclaimed Most Reliable Forex broker 2014 by FX Empire! The voting took place at FX Empire website and lasted for one month! We would like to thank FX Empire readership and our clients for the support shown. In FX Empire words, “reliability is paramount in online retail trading. This award marks security, platform performance and general reliability and trust-ability”. is happy to be recognized by this Forex-themed portal second year in a row. “We are honored to receive this award - public votes decided the winners, and to our team there’s nothing more valuable than the fact that we are trusted by our clients and FX Empire audience”. OctaFX Team! FX Empire Network covers the field of Forex trading and developed most expert opinion on any topic connected with financial decision-making. FX Empire award announcement states: “The rapid growth which this broker has seen may be attributed to its strive for perfection. This is displayed no less than through its list of security and reliability measures, which is what truly marks this broker as a forerunner for the award”. As a response to this highest evaluation of our services, we would like to confirm that we put all our efforts into creating comfortable trading environment and overall positive image of OctaFX. Trade with OctaFX - the Most Reliable Forex broker! Stand out for outstanding with OctaFX! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

GBP/JPY back to square one FXStreet (Mumbai) - The GBP/JPY pair is back to trade near its opening rate of 184.04 as the British Pound weakened post the release of the better-than-expected US GDP data. GBP/JPY: rejected at key Fibo level The pair failed to sustain gains above the 61.8% retracement level of the down trend from 189.68 to 175.48 located at 184.27 levels. The pair hit a high of 184.39, but failed to sustain gains after the second estimate of the US Q4 GDP came-in at 2.3.5, beating the estimated 2%. The GBP/USD pair weakened to 1.54 levels, although the USD/JPY pair remained largely unchanged. Consequently, the GBP/JPY cross fell to 184.00 levels. GBP/JPY Technical Levels The immediate resistance is located at 184.27, above which it could rise to 185.00 levels. On the flip side, support is seen at 183.52 and 183.00 levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 27,2015 OctaFX.Com News Updates

EUR/USD stablized into the NA opening hours - Scotiabank FXStreet (Guatemala) - Camilla sutton, Chief FX strategist at Scotiabank explained that after yesterday's USD induced EUR weakness, driven by hawkish Fed comments and stronger than expected core CPI, today has EUR stabilized. Key Quotes: "Fundamental data included stronger than expected French consumer spending and Italian CPI, with Germany’s regional CPI also firming." "This highlights an important theme for EUR, with data now improving and beating expectations how much lower will the currency fall. We expect that Fed interest rate hikes juxtaposed against negative interest rates in Europe and negative sentiment will continue to weigh on EUR; however for now the currency is contained within a month‐long range of 1.1098 to 1.1542. We hold a year‐end forecast of 1.05. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 27,2015 OctaFX.Com News Updates

EUR/JPY falls to session low FXStreet (Mumbai) - The better-than-expected US Q4 second estimate pushed the EUR/JPY lower to a fresh daily low of 133.46. Yen relatively resilient The exhaustion in the US Treasury yields around 2.02%, ensured the Japanese Yen stayed relatively resilient against the USD. The USD/JPY pair inched 0.04% higher at 119.47. On the other hand, the EUR/USD pair fell to 1.1181; down 0.15%, compared to the pre-US data level of 1.1230. Moreover, the yields failed to rise significantly lending support the Yen as the second estimate showed GDP at 2.3%, compared to the initial estimate of 2.6%. However, the data managed to beat the expected rate of 2.0%, which weighed heavily on the shared currency. Consequently, the EUR/JPY cross was pushed lower to 133.46 levels. EUR/JPY Technical Levels The immediate support is seen at 133.00, under which losses could be extended to 132.53 (Feb. 4 low). On the flip side, resistance is seen at 134.00 and 134.76 levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 27,2015 OctaFX.Com News Updates

EUR/USD returns to 1.1220 on US data FXStreet (Edinburgh) -The single currency is giving away port of the initial gains vs. the dollar on Friday, sending EUR/USD to the 1.1225/20 band. EUR/USD trims gains on GDP After hitting session highs near 1.1240, the pair shed some pips following a better-than-expected US GDP, expanding 2.2% on a yearly basis during Q4. Consumer Prices tracked by the Personal Consumption Expenditures, contracted 0.4% inter-quarter during the same period, bettering consensus for a 0.5% drop. Next on tap will be the Chicago PMI, Pending Home Sales and the Reuters/Michigan index. EUR/USD relevant levels As of writing the pair is advancing 0.26% at 1.1227 with the next hurdle at 1.1300 (psychological level) followed by 1.1335 (10-d MA) and finally 1.1350 (21-d MA). On the downside, a dip beyond 1.1184 (low Feb.26) would expose 1.1098 (11-year low Jan.26) and then 1.1047 (low Sep.8 2003). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 27,2015 OctaFX.Com News Updates

USD/CAD climbs to 1.2480 on US GDP FXStreet (Edinburgh) - The greenback is now picking up pace vs. the Canadian dollar, lifting USD/CAD back to the 1.2480 area. USD/CAD rebounds after US data The pair is looking to extend the current bounce beyond the 1.2480 level after the second revision of the US GDP figures came in above expectations today. The US economy expanded at an annual pace of 2.2% vs. 2.1% expected and 2.6% previous. Further data showed inflation figures gauged by the PCE contracting 0.4% inter-quarter during the same period; Core PCE rose 1.1%, matching forecasts. USD/CAD levels to consider The pair is now down 0.36% at 1.2481 and a breach of 1.2388 (low Feb.26) would allow 1.2360 (low Feb.17) and then 1.2353 (low Feb.3). On the flip side, the initial up barrier lines up at 1.2535 (high Feb.25) followed by 1.2600 (psychological level) and finally 1.2662 (high Feb.24). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 27,2015 OctaFX.Com News Updates

USD/JPY maintains the range, upside move possible as risk aversion falls – Scotiabank FXStreet (Barcelona) - Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, reviews the Japanese data releases and warns of a further easing by the BoJ, and further predicts USD/JPY to break out of its broader range as volatility and risk aversion falls lower across markets. Key Quotes “JPY is flat but still trading within its broader range, just above its 50‐day MA of 118.80. Data flow was disappointing, as inflation came in at 2.4% on headline, 2.2% ex fresh food and 2.1% ex food and energy; trending lower and still artificially elevated from the consumption tax increase.” “The jobless rate rose unexpectedly to 3.6%, household spending collapsed down to –5.1%, retail sales disappointed, falling –2.0%y/y while housing starts were down –13%; the only bright spot was a 4%m/m rise in industrial production.” “Governor Kuroda followed up, repeating comments that they expect to meet the BoJ’s CPI target (ex impact of inflation).” “The deterioration in the fundamental data is concerning and warns of the potential for further BoJ policy action.” “As volatility and risk aversion falls lower across markets, we expect USDJPY to break out of its recent narrow range towards the December highs of 121.85.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 27,2015 OctaFX.Com News Updates

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EUR/JPY dips below 134.00 FXStreet (Mumbai) - The EUR/JPY pair extended losses post the release of US data to trade below 134.00 levels. The upbeat US Durable goods data along with the sticky core inflation hurt the shared currency more than the Japanese Yen. EUR/JPY: Breaches key support The pair has breached the key support at 133.92 (Feb. 17 low) after the upbeat Durable goods orders data in the US weakened the EUR/USD pair to 1.1232; down 1.14%. On the other hand, the Japanese Yen weakened just 0.31% against the US dollar to trade at 119.22 per US dollar. Moreover, the rising Treasury yields in the US weighed more heavily on the shared currency compared to the Japanese Yen. The 10-year yield in the US has recovered losses to trade at 1.995%, up 2.6 basis points. EUR/JPY Technical Levels The pair currently trades at 133.89; down 0.85% for the day. The immediate support is seen at 133.50, under which losses could be extended to 132.68 levels. On the other hand, resistance is seen at 134.75 and 135.35 levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 26,2015 OctaFX.Com News Updates

US jobless claims increase 31k FXStreet (London) - In the week ending February 21, the advance figure for US seasonally adjusted initial claims was 313,000, an increase of 31,000 from the previous week's revised level according to the Department for Labor. The previous week's level was revised down by 1,000 from 283,000 to 282,000. The 4-week moving average was 294,500, an increase of 11,500 from the previous week's revised average. The previous week's average was revised down by 250 from 283,250 to 283,000. The Department for Labor reported that there were no special factors impacting this week's initial claims. The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending February 14, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 14 was 2,401,000, a decrease of 21,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 2,425,000 to 2,422,000. The 4-week moving average was 2,399,000, an increase of 1,750 from the previous week's revised average. The previous week's average was revised down by 750 from 2,398,000 to 2,397,250. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 26,2015 OctaFX.Com News Updates

US inflation falls into negative territory FXStreet (London) - The Consumer Price Index for All Urban Consumers declined 0.7 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index decreased 0.1 percent before seasonal adjustment. The energy index fell 9.7 percent as the gasoline index fell 18.7 percent in January, the sharpest in a series of seven consecutive declines. The gasoline decrease was overwhelmingly the cause of the decline in the all items index, which would have risen 0.1 percent had the gasoline index been unchanged. The fuel oil index also fell sharply, and the index for natural gas turned down, although the electricity index rose. The food index was unchanged in January, with the food at home index falling for the first time since May 2013. The index for all items less food and energy rose 0.2 percent in January. The shelter index rose 0.3 percent, and the indexes for personal care, for apparel, and for recreation increased as well. The medical care index was unchanged, while an array of indexes declined in January, including those for household furnishings and operations, alcoholic beverages, new vehicles, used cars and trucks, airline fares, and tobacco. The all items index declined 0.1 percent over the last 12 months, the first negative 12-month change since the period ending October 2009. The energy index fell 19.6 percent over the span, with the gasoline index down 35.4 percent. The food index rose 3.2 percent, and the index for all items less food and energy increased 1.6 percent. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 26,2015 OctaFX.Com News Updates

United States Consumer Price Index Ex Food & Energy (MoM) registered at 0.2% above expectations (0.1%) in January Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 26,2015 OctaFX.Com News Updates

United States Consumer Price Index Ex Food & Energy (MoM) registered at 0.2% above expectations (0.1%) in January Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 26,2015 OctaFX.Com News Updates

Session Recap: USD recovers, US CPI eyed FXStreet (Edinburgh) - The greenback is posting meagre gains vs. its main rivals on Thursday, managing to recover ground lost following the recent dovish tone from Janet Yellen in both her testimonies on Tuesday and Wednesday. The immediate focus of attention in the FX community will be today’s consumer prices in the US economy tracked by the CPI, expected to contract 0.1% on a yearly basis, back to the negative ground for the first time since 2009, with the descent in energy prices taking centre stage. In the risk-associated space, the attention is now gyrating around the Bundestag vote on the recent Eurogroup-Greece deal on a 4-month loan extension, with dissenting voices already sounding in Germany. The euro and the sterling are trading on the back footing vs. the greenback, hovering over 1.1330 and retreating to the 1.5510 band, respectively. Data wise, mixed results from the euro area have seen improvement in the M3 Money Supply, Private Loans, Economic Sentiment and Consumer Confidence. Across the Channel, the British economy expanded 2.7% on a yearly basis during Q4 and 0.5% inter-quarter, in line with previous estimates. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 26,2015 OctaFX.Com News Updates

Bunds: bull flag triggered, targets 160.33 and 161.67 – RBS FXStreet (Barcelona) - Dmytro Bondar, Technical Analyst at RBS, notes that with the bull flag triggered, bund futures are now targeting 160.33 and 161.67. Key Quotes “The market triggered the bullish flag, which we eyed in our previous publications, confirming the view for another bullish swing towards 0.22% and potentially lower yields. The level stays as a key Fibonacci retracement from the May-Sep impulse wave.” “We have been buying against 158.20 futures level and see the next projected targets at 160.33 and 161.67. Stop can be moved higher to 159.00” “SUP: 159.52 159.00 158.70” “RES: 159.93 160.35 160.85” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 26,2015 OctaFX.Com News Updates

NZD/USD to extend towards 0.7700 by next week – Westpac FXStreet (Barcelona) - Imre Speizer of Westpac, gives the week ahead outlook for NZD/USD, stating that an extension towards 0.7700 won’t be surprising. Key Quotes “The recent rally is likely to extend next week. We target at least the 0.7610-0.7620 area (those were the main lows last Dec) but a run as far as 0.7700 would not surprise.” “NZ’s economic data pulse is currently running hot, with dairy prices rising, migration at record levels, and the domestic economy in solid shape.” “Combined with USD’s stall plus speculative positioning short NZD, an argument for multiweek NZD/USD strength can easily be made.” “Further out, we expect a reversal in the NZ data pulse by April, and are more constructive on the US dollar, implying a decline in NZD/USD to 0.7100 by mid-year.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 26,2015 OctaFX.Com News Updates