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OctaFX.com - Vote for OctaFX in the 2014 FX Empire Awards! FX Empire announced the nominees for annual FX Empire Awards! OctaFX team is proud to confirm, that this time we have been chosen to represent two categories at once! OctaFX is nominated for the Best Broker and Most Reliable Broker titles in the year 2014. We need all your support - to vote for OctaFX click here. We would like to thank you for your appreciation in advance! The voting is open until February 16th, 2015. We have received 2013 award for Best Customer Service Broker and hope that your votes will bring us new awards from FX Empire this time! Support your top-notch broker - vote for OctaFX! 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!

Russian rouble steadies around 68.00 levels per USD FXStreet (Mumbai) - The Russian rouble erased gains, taking the USD/RUB to 68.00 levels after oil prices, Russia's chief export, fell towards USD 49/barrel. Talk of more sanctions on Russia The Rouble also came under pressure on news that the EU foreign ministers, at a meeting tomorrow, are likely to consider more punitive action against Russia. The Russian stock markets and the Rouble could also take a hit if the EU decided to impose more sanctions on Russia. However, the Rouble has managed to halt the slide around 68.00 per dollar after Russian PM Dmitry Medvedev has signed a one-year anti-crisis plan worth USD 35 billion designed to stabilize the economy. USD/RUB Technical Levels The immediate resistance is seen at 69.31, above which gains could be extended to 68.529 levels. Meanwhile, support is seen at 66.426 and 65.883 levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

Comex Copper drops FXStreet (Mumbai) - Comex Copper erased gains to trade losses after a strong US dollar pushed Copper prices down in Shanghai by 5%. Growth concerns dominate market sentiment Commodity sell-off continues as weak data from the China and the disappointingly weak Durable goods orders data in the US renewed growth concerns. The metal is also under pressure after the London Metal Exchange (LME) data showed yesterday the inventories rose for 11 straight session, the longest run since April 2013. The red metal currently trades 0.28% lower at USD 2.456/pound, after having declined from the high of USD 2.493/pound levels. Copper Technical Levels The immediate support is located at 2.446, under which losses could be extended to 2.42 levels. Meanwhile, resistance is seen at 2.493 and 2.51 levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

Further weakness lies ahead for CAD – TDS FXStreet (Edinburgh) - Strategists at TD Securities expect the Canadian dollar to extend the current bearishness in the short term. Key Quotes “We look for another cut from the BoC in March, which will support moderately lower yields for 2s and 5s (more easing is mostly priced in)”. “The expected sell-off in Treasuries will pull 10 and 30-year yields higher, with the curve steepening”. “Canada should outperform versus the US in the belly and front-end”. “The CAD will have to act as the economic shock absorber for the sharp decline in energy prices; we do not think oil weakness is fully priced in yet”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

NZD/USD remains capped below 0.7500; FOMC, RBNZ on tap FXStreet (Córdoba) - NZD/USD inched slightly higher throughout the day as Kiwi investors square positions ahead of the FOMC-RBNZ decisions. NZD/USD has risen more than half a cent and reached a peak of 0.7494, but it has, so far, lacked momentum to break above the 0.7500 psychological level. At time of writing, the pair is trading at 0.7490, up 0.62% on the day. The FOMC will release a policy statement at 19:00 GMT with attention centered in the "patience" approach to hiking rates. The more interesting to locals RBNZ decision will follow at 20:00 GMT. The Reserve Bank of New Zealand is expected to turn neutral on policy given the global economic situation. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

RBA and RBNZ might keep rates unchanged – Growth Aces FXStreet (Barcelona) - The Growth Aces Research Team expects both the RBA and the RBNZ to keep rates unchanged, anticipating the RBNZ action to be positive for NZD/USD and AUD/USD. Key Quotes “The RBA meeting is scheduled for next week and we do not expect any changes in interest rates.” “The AUD rose also against the NZD after the CPI data. In our opinion the rise was short-lived and the AUD/NZD rate is likely to go down again today after the Reserve Bank of New Zealand meeting (today 20:00 GMT), as we do not expect monetary easing in New Zealand.” “If the RBNZ keeps interest rates unchanged, it will be supportive not only for the NZD/USD but also for the AUD/USD.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

USD/CAD deflates to 1.2430 FXStreet (Edinburgh) - The US dollar is losing the grip on Wednesday sending USD/CAD back to visit the 1.2430 region. USD/CAD weaker, eyes on Fed After hitting fresh multi-year highs around the 1.2500 mark earlier in the week, spot triggered a correction lower that extended to 1.2380 in response to poor Durable Goods Orders in the US economy on Tuesday. In light of the upcoming FOMC meeting this evening in Europe, the pair will remain under pressure as prior surveys regarding the potential tone of the statement remain quite divided”. “We remain conviction CAD bears from a fundamental perspective—and not just against the USD”, commented Shaun Osborne, Chief FX Strategist at TD Securities. USD/CAD significant levels At the moment the pair is advancing 0.16% at 1.2424 with the initial barrier at 1.2502 (2015 high Jan.27) ahead of 1.2507 (high Apr.21 2009) and then 1.2600 (psychological level). On the downside, a breach of 1.2390 (low Jan.28) would aim for 1.2379 (low Jan.27) and finally 1.2360 (low Jan.23). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

Dovish Fed may push GBP/USD to 1.54 levels – FXStreet FXStreet (Barcelona) - According to FXStreet Editor and Analyst, Omkar Godbole, GBP/USD may rise to 1.54 levels if the tone of the Fed’s statement comes out dovish, expecting markets to witness a correction in the Dollar across the board. Key Quotes “The US dollar witnessed a bout of profit booking across the board after the release of the surprisingly weak US Durable goods data yesterday. The 10-year Treasury yields hit a low of USD 1.75%, while Gold prices rallied to near USD 130/Oz levels. The US dollar index fell to 94.22 levels.” “Meanwhile, the GBP/USD pair rose to 1.52 levels today, marking another day of struggle around the same.” “GBP/USD may rise to 1.54 levels if the Federal Reserve (Fed) comes-out less hawkish than expected.” “The bullish view is largely dependent on the view that the Federal Reserve would come out less hawkish amid non stop action from all other central bankers.” “Even if the Fed does not change much of its stance and language with respect to the interest rates, the market is likely to witness the correction in the US dollar across the board.” “Technically, the bears are likely to stay on the sidelines so long as the pair trades below 1.51 levels.” “Thus, overall the up move anticipated at current levels provides an attractive risk reward ratio.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

USD/CAD might see a correction – TDS FXStreet (Barcelona) - Shaun Osborne, Chief FX Strategist at TD Securities, believes that unless USD/CAD makes a new high the chances of the pair seeing a sustained correction will rise. Key Quotes “We remain conviction CAD bears from a fundamental perspective—and not just against the USD. Similar considerations (policy and fundamental divergence) apply for GBPCAD and price gains (long-term consolidation break out and a move to new cycle highs) suggest the broader bull trend here is getting back on track.” “Note that the CAD is the primary under-performer in the G-10 space today, with GBPCAD making marginal new cycle highs earlier in the session just under 1.90.” “For the balance of the session, the absence of any Canadian domestic data leaves the CAD once again a slave to the flows and technical factors. Though we would note that EIA (DoE) crude inventory data at 10.30 ET warrant attention (we look for an inventory build after last night’s API data—this may be CAD-negative if the data gives the soft-looking WTI another push lower).” “On the charts, USDCAD has pushed a little higher on the day but yesterday’s peak around 1.25 and subsequent sell-off formed a bearish key reversal session on the daily chart—unless USDCAD can make new highs very quickly, the chances of a more sustained correction in the recent trend higher will rise.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

BNP Paribas: Fed retaining its December’s view might boost USD – eFXnews FXStreet (Barcelona) - The eFXnews Team shares BNP Paribas’ expectations for today’s FOMC statement. Key Quotes “BNP Paribas economics team is looking for Wednesday’s FOMC statement to closely resemble what was communicated back in December, with the Committee consensus looking beyond recent oil-fuelled drops in headline inflation and holiday distorted weakness in earnings.” “Confirmation that the FOMC has not changed its view since December should allow markets to rebuild Fed rate hike expectations, supporting the USD," “We are particularly focused on upsides prospects for USDJPY and USDCHF this week. The risk scenario for our view would be some evidence of increased Fed concern with falling headline inflation rates or, more significantly, some reference to the disinflationary impact of USD strength.” This content has been provided under specific arrangement with eFXnews. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 28,2015 OctaFX.Com News Updates

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Data ahead: Eurozone CPI expected to fall – BBH FXStreet (Barcelona) - The Brown Brothers Harriman Team previews the Eurozone CPI data to be released later this week, anticipating it to register a negative print at -0.5%. Key Quotes “The January flash CPI report will give a taste of the challenge of the ECB's efforts to put prices back on track to reach its target of near, but below 2% on the headline rate. By simply deciding that its target is really the core rate, some pressure would be alleviated. Egos and inertia, more than economic rationality, lies behind the reluctance. Deflation is likely to have intensified.” “January CPI is expected to have fallen to -0.5% from -0.2% in December. The core rate is expected to be unchanged at 0.7%; low but not deflation. The ECB model projects its asset purchases will push CPI up by 0.4% this year and 0.3% next.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 24,2015 OctaFX.Com News Updates

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US Session Recap: Greenback profits taken off table FXStreet (Guatemala) - Since the ECB made the deaccession to launch its sovereign QE programme, and with the SNB recent chopping the EUR/CHF floor, investors are liking the US more and more. The greenback is maintaining the top spot, despite profit taking, although it is losing the competitive edge when it comes to the currency wars, strengthening further vs the euro and subsequently across the board and analysts are now citing parity in 2016/17 - not good for US exporting business. Anyway, Stocks performed well as diversification of cash flows continues to favour the US assets. Stocks were posting scores on the board close to January's highs earlier on in the session. There were a handful of data events at the start of the shift, but thereafter, the session was down to traders to determine ebbs and flows of the currency tides for themselves. EUR/USD took back some ground lost from down on the lows at 1.1114 and managed a close back on to the 1.12 handle, albeit down from the highs of the recovery drift at 1.1289 down to 1.1207. GBP/USD is essentially following in the tracks of the EUR and this move from the ECB is dangerous for committed and stubborn Sterling bulls, as where the euro goes the pound will likely follow. Bears stamped on attempts through 1.5020 resistance drowning the pound back below the 1.50 handle to 1.4985, although finishing up on the day close to half a cent. USD/JPY stuck to a tighter range on the session of a choppy week, and settled into a sideways pattern around 117.80 resistance/support level post an early session recovery from 117.53. USD/CAD was trading better bid with good retails sales figures and the Bank of Canada Consumer Price Index Core (MoM) (Dec) coming in higher than expected. We went form 1.2377 to 1.2438 in the session. EUR/CHF was a choppy affair recovering from 0.9791 to 99.11 before dropping back to 0.9843, spiking again to 99.10 and chopping its way down through a drift to 98.50 and recovering for a close at 0.9870. USD/CHF was volatile with large swings, more so than EUR/CHF but with a load up on dips strategy with a low of 0.8707 for a high of 0.8811. Key Events: Bank of Canada Consumer Price Index Core (MoM) (Dec) bullish -0.3 vs -0.4 expected Canadian Consumer Price Index (MoM) (Dec) bearish -0.7% vs -0.6% exp Canadian Retail Sales (MoM) (Nov) bullish 0.4% vs -0.2% exp US Markit Manufacturing PMI (Jan) bearish 53.7 vs 54.0 exp US CB Leading Indicator (MoM) (Dec) bullish 0.5% vs 0.4% exp Existing Home Sales Change (MoM) (Dec) neutral 2.4% OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 24,2015 OctaFX.Com News Updates

EUR/DKK hits 3-week high after DNB cuts rates for second time this week FXStreet (Córdoba) - EUR/DKK rose to fresh 3-week high after the Danish Nationalbank cut its deposit rate to -0.35% from -0.2%, the second cut in 4 days, in response to ECB expanded asset purchase programme. The Danish Central Bank had lowered its deposit rate to -0.2% from -0.05% on Monday. EUR/DKK climbed to a recovery high of 7.4470 after the ECB and the DNB moves. At time of writing, the pair is trading at the 7.4420 area. The Danish decision came 90 minutes after the ECB announcement as the DNB fights to prevent the krone to appreciate. EUR/DKK fell to a low of 7.4283 on Jan 15 in the aftermath of the SNB decision to remove the EUR/CHF floor. Increasing pressure on the euro has supposedly force the Danish Bank to intervene in the FX market and to conduct its second rate cut this week. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 22,2015 OctaFX.Com News Updates

ECB meeting: Euro to move lower after a short term squeeze higher – Investec FXStreet (Barcelona) - Jonathan Pryor, head of FX dealing at Investec Corporate and Institutional Treasury, expects euro to move lower and weaken further, supported by the ECB pumping Euro 1trn into the market over the next one and half years. Key Quotes "In the short term we risk a squeeze higher in the Euro now all policy is announced and there is no additional stimulus for the market to price in or pre-empty - what traders call ‘buy the rumour, sell the fact’. Once the dust has settled, we expect the Euro to move lower from here as the continued effect of negative deposit rates, combined with the flooding of over Euro 1 trillion extra into the market over the next year and a half, should continue to weaken the single currency." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 22,2015 OctaFX.Com News Updates

Draghi: no special rule for Greece FXStreet (London) - Responding to questions over Greece’s eligibility under the EUR60bn-a-month asset purchase programme announced by Mario Draghi today, the European Central Bank president said that: “we don't have a special rule for Greece but there are some conditions that need to be fulfilled.” It follows the original statement on the ECB programme that additional eligibility criteria will be applied in the case of countries still under an EU/IMF adjustment programme. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 22,2015 OctaFX.Com News Updates

Draghi: EUR60bn-a-month programme beginning in March FXStreet (London) - In his press conference following the European Central Bank rate decision, Mario Draghi, the ECB president, has announced the launch of an expanded asset purchase programme, which will include existing purchase programmes for asset-backed securities and covered bonds. Combined monthly purchases will be EUR60 billion, to be carried out at least until the end of September Purchases will continue until there is a sustained adjustment in the inflation path consistent with aim of inflation close to, but below 2 percent over the medium term. Purchases will start in March 2015 and include investment-grade euro area government, agency and EU institution securities. Purchases to be based on the Eurozone National Central Banks’ shares in the ECB’s capital key. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 22,2015 OctaFX.Com News Updates

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GBP/AUD inches closer to 100-DMA FXStreet (Mumbai) - The GBP/AUD pair rose sharply today as the gains in the UK Gilt yields pushed the Pound higher across the board, while the Aussie weakened on concerns of a slowdown in China. The pair currently trades 0.71% higher at 1.8536, after having recovered from a low of 1.8344 hit earlier today. The AUD/USD pair declined 0.19%, after the Chinese full year 2014 GDP came-in at 7.4%, the slowest in 24 years. Meanwhile, the gains in the UK Gilt yields at the short-end as well as the long-end of the yield curve helped GBP/USD to recovery early losses to trade 0.53% higher at 1.5192 levels. Thus, the GBP/AUD pair is now within a touching distance from the 100-DMA located at 1.8552 levels. GBP/AUD Technical Levels The immediate resistance is seen at 1.8552 (100-DMA), above which gains could be extended to 1.8590 levels. Meanwhile, support is seen at 1.8527 (hourly 200-SMA) and 1.8489 (hourly 100-SMA) levels. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 20,2015 OctaFX.Com News Updates

USD/CAD improves towards 1.2000 FXStreet (Edinburgh) - The greenback is quickly picking up pace on Tuesday, pushing USD/CAD towards the vicinity of the critical 1.2000 barrier. USD/CAD eyes on US docket The pair is re-gaining momentum vs. its Canadian counterpart in the first half of the week, looking to retake the 1.2000 handle and beyond. As the USD-strength gathers steam, the next data releases will be Canadian Manufacturing Sales (-0.6% MoM exp. Nov.) followed by the Housing Market index gauged by NAHB (58 exp. Jan), all preceding the more relevant BoC monetary policy meeting due tomorrow. In the view of Shaun Osborne, Chief FX Strategist at TD Securities, “Intraday charts are neutral but the longer-term charts are bullish and point to a test of 1.22 shortly (76.4% Fibonacci retracement of the 1.30/0.94 drop). USD/CAD levels to consider At the moment the pair is up 0.44% at 1.2000 with the next hurdle at 1.2047 (2015 high Jan.16) followed by 1.2070 (low Apr.24 2009) and then 1.2100 (psychological level). On the downside, a break below 1.1940 (low Jan.20) would aim for 1.1934 (low Jan.19) and finally 1.1922 (Tenkan Sen). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 20,2015 OctaFX.Com News Updates

GBP/JPY hits 1-week highs FXStreet (Córdoba) - The recovery of the pound after falling sharply during the Asian session and a weak yen amid risk appetite pushed GBP/JPY to the strongest level in a week. The pair opened the day trading around 177.60 and broke above 178.40, that was an important short term resistance and soared to 179.60, level last seen in January 13. From last week lows the pound has risen almost 400 pips. GBP/JPY technical outlook The pair continues to move within a bearish trend on a wider perspective but in the short term is moving with a bullish bias, on a recovery mode. Currently is testing an important resistance around 179.60/65 (Jan 15 high). The key short term support lies around 178.00, where an ascendant trendline originated at January 16 low stands. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 20,2015 OctaFX.Com News Updates

AUD/USD back above 0.8200 FXStreet (Córdoba) - The Australian dollar managed to erase intraday losses and climbed back above the 0.8200 level during the European session, to trade nearly flat on the day. AUD/USD failed to benefit from better-than-expected Chinese economic growth in the final quarter of 2014 as any optimism over China quickly faded after the IMF downgraded its global growth expectations. AUD/USD weakened and dropped to a low of 0.8159 during the Asian trade but eventually found buyers, took back losses and climbed to a daily high of 0.8217. At time of writing, the pair is trading at 0.8205, virtually unchanged on the day. ECB upcoming meeting on Thursday is absorbing most of market's attention, keeping investors cautious and sidelined. AUD/USD technical levels As for technical levels, immediate resistances for AUD/USD line up at 0.8217 (daily high), 0.8255 (Jan 16 high) and 0.8294 (Jan 15 high). On the other hand, supports are seen at 0.8159 (daily low), 0.8132 (Jan 15 low) and 0.8100 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jan 20,2015 OctaFX.Com News Updates