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US stocks falls amid tensions in Ukraine FXStreet (Córdoba) - Equities in Wall Street started the day with gains but following reports about an escalation of tensions Ukraine turned sharply to the downside. European markets also suffered and erased gains in the last hours of trade. The FTSE 100 finished slightly higher, with a gain of 0.06% at 6,689 far from 6,740 (daily high) while the Dax lost 1.43% and the Cac 40 declined 0.75%. In The US, the Dow Jones was falling 0.55% while the S&P 500 was down 0.37%. The US dollar was mixed in the currency market where the Swiss Franc was rising. On a volatile day, gold was trading above $1,300 after falling to $1,293 while crude oil was rising more than 1%, trading near $97.00 a barrel. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 15, 2014 OctaFX.Com News Updates

GBP/USD steady in the lows for week FXStreet (Guatemala) - GBP/USD is trading at 1.6687, up 0.01% on the day, having posted a daily high at 1.6703 and low at 1.6677. GBP/USD is steady in the lows for the week and as analysts at Rabobank noted, if there is was one take-away from the Inflation Report this week is that there is no real pressure on the BoE to hike rates until wages push higher. “It is difficult to argue this point. We would therefore suggest that the message from the Bank is fairly clear. That said, evaluating the outlook for wage changes could yet be contentious. The lack of wage inflation has surprised most economists this year and, in light of the fairly rapid drop in the unemployment rate, no doubt there will be some forecasters expecting wage growth to accelerate in the near–term. In fact the minutes of the July policy meeting concede that “some survey indicators of wage growth has already picked up materially”. GBP/USD hourly levels Spot is presently trading at 1.6688, and next resistance can be seen at 1.6690 (Hourly 20 EMA), 1.6699 (Yesterday's High), 1.6703 (Daily High), 1.6704 (Daily Classic R1) and 1.6723 (Daily Classic R2). Support below can be found at 1.6686 (Weekly Classic S2) and 1.6680 (Daily Classic PP). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 15, 2014 OctaFX.Com News Updates

Jackson Hole outcome not expected to signal delay in Fed tightening - TD Securities FXStreet (Łódź) - Jacqui Douglas, Senior Global Strategist at TD Securities believes that the outcome of the Jackson Hole conference, which kicks off on Thursday next week, will be tilted slightly toward the hawkish side in terms of the Fed monetary policy outlook. Key quotes "The theme of this year’s conference is 're-evaluating labour market dynamics,' an area that has raised a lot of questions for central bankers lately. For the US, the big question is whether the drop in the participation rate is structural or cyclical." "While Yellen has always leaned toward the latter, any research placing more weight on the structural explanation and suggesting that the Fed needs to start tightening policy sooner rather than later could certainly get some market attention." "In the UK in particular, there’s an ongoing discussion around why wage growth has been so slow to pick up while the unemployment rate has been tumbling, and there may be some debate around whether this type of scenario is going to be the new normal for some developed economies, or whether the lags are just longer than usual." "At the end of the day, we think that the outcome will be tilted slightly toward the hawkish side, with nothing coming from Jackson Hole to suggest that the Fed needs to put off the beginning of tightening any more than markets are already expecting." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 15, 2014 OctaFX.Com News Updates

OctaFX.com-Register in OctaFX Champion milestone round to receive tripled prize! OctaFX continues to engage more and more people in our promotions and contest! As a token of appreciation for everyone who participates in our most popular monthly contest, we have decided to make 30th round special! Our celebrated OctaFX Champion demo contest is running in 29th Round already, and during its history, winners received $28 000 from OctaFX Among our winners are traders from Indonesia, Malaysia, Bangladesh, India, Vietnam and other countries! The number of Indonesian winners astonishes – 49 traders in total! In order to commemorate this contest, we triple prize fund in the approaching 30th Round! $3000 prize fund will be traditionally divided between 4 traders: 1st place winner receives $1500 2nd place winner receives $900 3rd place winner receives $300 Last place winner receives $300 Are you ready to start the conquest of the Market? Participate in 30th round of OctaFX Champion Demo contest! Get the highest trading balance and celebrate your victory with OctaFX! You have 2 weeks to register in OctaFX Champion Round 30 to win tripled prize! Please stay tuned for the news and updates from OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! OctaFx is all about making the clients trading safe, convenient and fun. keep trading, we'll take care of the rest!

OctaFX.com-Register in OctaFX Champion milestone round to receive tripled prize! OctaFX continues to engage more and more people in our promotions and contest! As a token of appreciation for everyone who participates in our most popular monthly contest, we have decided to make 30th round special! Our celebrated OctaFX Champion demo contest is running in 29th Round already, and during its history, winners received $28 000 from OctaFX Among our winners are traders from Indonesia, Malaysia, Bangladesh, India, Vietnam and other countries! The number of Indonesian winners astonishes – 49 traders in total! In order to commemorate this contest, we triple prize fund in the approaching 30th Round! $3000 prize fund will be traditionally divided between 4 traders: 1st place winner receives $1500 2nd place winner receives $900 3rd place winner receives $300 Last place winner receives $300 Are you ready to start the conquest of the Market? Participate in 30th round of OctaFX Champion Demo contest! Get the highest trading balance and celebrate your victory with OctaFX! You have 2 weeks to register in OctaFX Champion Round 30 to win tripled prize! Please stay tuned for the news and updates from OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! OctaFx is all about making the clients trading safe, convenient and fun. keep trading, we'll take care of the rest!

Jackson Hole outcome not expected to signal delay in Fed tightening - TD Securities FXStreet (Łódź) - Jacqui Douglas, Senior Global Strategist at TD Securities believes that the outcome of the Jackson Hole conference, which kicks off on Thursday next week, will be tilted slightly toward the hawkish side in terms of the Fed monetary policy outlook. Key quotes "The theme of this year’s conference is 're-evaluating labour market dynamics,' an area that has raised a lot of questions for central bankers lately. For the US, the big question is whether the drop in the participation rate is structural or cyclical." "While Yellen has always leaned toward the latter, any research placing more weight on the structural explanation and suggesting that the Fed needs to start tightening policy sooner rather than later could certainly get some market attention." "In the UK in particular, there’s an ongoing discussion around why wage growth has been so slow to pick up while the unemployment rate has been tumbling, and there may be some debate around whether this type of scenario is going to be the new normal for some developed economies, or whether the lags are just longer than usual." "At the end of the day, we think that the outcome will be tilted slightly toward the hawkish side, with nothing coming from Jackson Hole to suggest that the Fed needs to put off the beginning of tightening any more than markets are already expecting." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 15, 2014 OctaFX.Com News Updates

EUR/USD pushes against 1.3400... again FXStreet (Córdoba) - The EUR/USD is once testing the 1.3400 area in a choppy session where the pair has mainly wavered in a range, unable to define a clear direction. Despite the latest string of US data had little impact on the pair, the EUR/USD managed to sneak a peek above the psychological level and scored a high of 1.3402. However, the pair has been unable to hold above 1.3400 for long so far this week, printing lower highs over the last 3 days. At time of writing, the EUR/USD is trading at 1.3398, 0.26% above its opening price. On the data front, the NY Empire State manufacturing index fell to 14.7, versus a reading of 20.0 expected while PPI rose 0.1% in line with forecasts. EUR/USD levels to watch as for technical levels, immediate resistances could be found at 1.3415 (Aug 13 high), 1.3432 (Aug 8 high) and 1.3444 (Aug 1 high). On the flip side, supports are seen at 1.3358 (Aug 15 low), 1.3342 (Aug 13 low), 1.3332 (2014 low Aug 6) and 1.3300 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 15, 2014 OctaFX.Com News Updates

USD/JPY jumps to 10-day highs at 102.70 FXStreet (San Francisco) - The USD/JPY advanced 20 pips post-US data from 102.55 area to break above 102.60 and to trade at highs since August 5 at 102.73. Currently, USD/JPY is trading at 102.67, up 0.21% on the day, having posted a daily high at 102.73 and low at 102.44. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish. PPI rose 0.1% MoM during July; +1.7% YoY. NY empire state manufacturing index declined more than expected to 14.69 in July; lowest since April. USD/JPY levels In terms of options expiring in the NY cut, there are orders at 101.80/85 ($200 mln), 102.00 ($100 mln), 102.25 ($100 mln), 102.50 ($150 mln), 103.00, ($220 mln) and 103.50 ($455 mln) as FXBeat informed earlier in the day. If the pair broke above the 102.70 area, it will fce resistances at 102.80 and 103.00. On the downside, 102.60 becomes as the first support ahead of 102.45 and 102.30. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 15, 2014 OctaFX.Com News Updates

United States EIA Natural Gas Storage change fell from previous 82B to 78B in August 8 Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

GBP/USD fresh lows likely before recovery - Scotiabank FXStreet (Córdoba) - Camilla Sutton, strategist at Scotiabank, said they expect the GBP/USD to eventually recover and retrace some of its weakness, but in the near-term fresh lows are likely. Key Quotes “GBP is weak, having dropped to a fresh multi‐month low and flirting with its 200‐day MA at 1.6664. The market is still adjusting to yesterday’s less hawkish BoE comments leaving GBP notably weak on all its crosses”. “Profit taking on long GBP positions has been an ongoing trend over the last several weeks (CFTC data suggest that the peak gross long was mid‐June); while the options markets have been pricing for the risk of GBP downside since early July”. “We expect GBP to eventually recover and retrace some of its weakness; however for the near‐term we are likely to see fresh lows first”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

Dollar lower across the board - FXStreet FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik notes that the dollar remains weak on Thursday, falling after the rise in US jobless claims. Key quotes "The EUR/USD trades near its daily high of 1.3403, and with the hourly chart showing price advancing above its moving averages while indicators head north in positive territory, supporting the upward strength." "In the 4 hours chart price advances above its 20 SMA that remains flat around 1.3370, while momentum grinds higher above its midline, supporting the shorter term view." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

GBP/USD recovers ground but remains vulnerable FXStreet (Córdoba) - The GBP/USD managed to bounce from fresh 4-month lows and erased intraday gains as the dollar weakens across the board amid falling US yields. However, the pound follows the greenback among the worst performers Thursday, as the British currency continues to suffer on the back of BoE dovish shift. The GBP/USD has been unable to regain the 1.6700 psychological level, and it is currently trading at 1.6690, virtually unchanged on Thursday. GBP/USD levels to watch In terms of technical levels, immediate resistances could be found at 1.6700 (psychological level), 1.6755 (Aug 12 low) and 1.6799/1.6800 (10-day SMA/psychological level). On the other hand, supports are seen at 1.6656 (200-day SMA/Aug 14 low) and the 1.6602/00 area (Apr 8 low/psychological level) OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

USD/CAD muted post-data FXStreet (Edinburgh) - The greenback remained mostly apathetic after the US docket on Thursday, with the USD/CAD meandering just below 1.0900 the figure. USD/CAD down from 1.0920 The pair continues to correct lower from recent peaks in the vicinity of the key handle at 1.1000, retreating for the fourth consecutive session so far. The only relevant release today in the US economy, Initial Claims, came in a tad higher at 311K in the week ending on August 8th, vs. 290K in the previous week. Canadian New Housing Price index advanced 1.5% in a year to June, matching May’s reading. “The recent consolidation around 1.0920/90 is clearly at an inflection point and, although we remain USDCAD bulls, it is hard to hold a strong conviction for pair either side of 1.09 in the short term”, observed Shaun Osborne, Chief FX Strategist at TD Securities. USD/CAD significant levels As of writing the pair is losing 0.18% at 1.0894 and a breakdown of 1.0864 (200-d MA) would expose 1.0856 (21-d MA) and finally 1.0808 (Kijun Sen). On the other hand, the initial hurdle lines up at 1.0941 (high Aug.13) ahead of 1.0954 (high Aug.12) and then 1.0986 (high Aug.6). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

EUR/USD reacts to the upside after data; 1.3400 on focus FXStreet (San Francisco) - The Euro is currently trading higher against the US Dollar as the pair reacted positive following the import and export price indexes and jobless claims in the US. The EUR/USD jumped around 20 pips from 1.3370 to trade at 1.3390 as the pair is attempting to test the 1.3400 level again. Currently, EUR/USD is trading at 1.3386, up 0.17% on the day, having posted a daily high at 1.3397 and low at 1.3348. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish. Jobless claims rises to 311K in Aug 8 week; highest since June. Export prices remained unchanged in July from June while import prices declined 0.2% versus 0.4% drop expected. EUR/USD sentiment "To my mind," comments Jamie Coleman from FXBeat, "the fact that the rallies are falling short of important technical levels like 1.3445 and 1.3480/1.3500 suggest that the market remains bearish overall." Coleman affirms that "it feels to me like the market is getting into better balance, with shorts being pared back, but without rising very far." Next resistance is 1.3395 ahead of 1.3400, then 1.3415 is the frontier. On he downside, support are at 1.3370, 1.3350 and 1.3335. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

AUD/USD clings to gains after US data FXStreet (Córdoba) - The AUD/USD trades near daily highs above 0.9300, holding onto gains and extending its recovery into a third consecutive day, despite a quick, short-lived drop seen after a series of US data. US initial jobless claims rose by 21,000 to 311,000 in the week ending August 9, versus 295,000 expected. Meanwhile, import price index fell 0.2% in July versus a 0.4% drop forecasted. The pair fall to a session low of 0.9299 but quickly bounced after the latest string of US data. At time of writing, the AUD/USD is trading at 1-week highs around 0.9320, recording a 0.19% gain on the day. The AUD/USD is taking advantage of broad-based greenback weakness and extending its recovery from multi-week lows scored last Friday at the 0.9240 zone. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

United States Export Price Index (MoM) above forecasts (-0.2%) in July: Actual (0%) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

Poland Net Inflation: 0.4% (July) vs previous 1% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 14, 2014 OctaFX.Com News Updates

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BoE's August Inflation Report resolutely dovish - TD Securities FXStreet (Łódź) - Richard Kelly and Jacqui Douglas, TD Securities economists believe that the BoE August Inflation report today conveys MPC's reluctance to hike rates in the nearest future. Key quotes "The August Inflation Report was resolutely dovish when it came to handicapping odds of a 2014 hike, but did suggest more conviction on broader recovery and scope to start tightening next year." "BoE suggests spare capacity higher than expected and lowered GDP and inflation forecasts." "We remain comfortable with our forecast for the first hike to come in February 2015, if anything the odds shift slightly later, rather than sooner, and the tone today suggests we may have had no dissent to hike in August." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 13, 2014 OctaFX.Com News Updates

USD/CHF completes 60-pip decline to 0.9040 FXStreet (San Francisco) - The USD/CHF is extending its decline from 0.9100 area and following the US retail sales, the pair fell to 0.9040 where the USD found some buying interest. Now it is at 0.9055. The USD/CHF is joining its negative correlation with the EUR/USD as the unique currency jumped to trade above 1.3400 level just after weaker than expected data. Currently, USD/CHF is trading at 0.9056, down 0.23% on the day, having posted a daily high at 0.9100 and low at 0.9040. USD/CHF spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish. USD/CHF levels If the pair holds above 0.9040, next resistances would 0.9070 and 0.9100. On the downside, pair will face supports at 0.9040, 0.9030 and 0.9015. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 13, 2014 OctaFX.Com News Updates

Adjustments to CPI projections the highlight of BoE's August Inflation Report - RBS FXStreet (Łódź) - The RBS team of analysts believe that the most important takeaway from the BoE August Inflation Report was the fact that the MPC lowered the inflation forecast at 2-year point (1.77% from 1.89%) and barely altered at 3-year point (1.96% vs 1.95%). Key quotes "So a slightly larger undershoot over the policy-sensitive 2-3 year forecast period as a whole, but an essentially unchanged/at-target forecast at 3-years." "There was no change to the (neutral) skew of the forecast." "Overall, this gives the Report a marginally dovish feel. " "At any rate, had the MPC been materially closer to raising Bank Rate then we would have expected a higher CPI projection." "A high degree of uncertainty surrounds the timing of the first hike but we feel marginally more confident about our forecast for the first Bank Rate rise to come in February 2015 than we had done prior to the August Report." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 13, 2014 OctaFX.Com News Updates

EUR/USD jumps to 1.3400 post US retail sales FXStreet (San Francisco) - the Euro accelerates its gains versus the US Dollar as the pair reacted positive after the weaker than expected US retail sales data. The EUR/USD jumped around 50 pips post data to trade above the 1.3400 area and price t daily highs around 1.3405. US dollar is trading under pressure as data, unchanged in July, was below 0.2% rise expected by market. Currently, EUR/USD is trading at 1.3398, up 0.22% on the day, having posted a daily high at 1.3407 and low at 1.3342. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. EUR/USD sentiment "Small offers are seen at 1.3495/00 but another batch of stops are seen just above that level. If triggered, the familiar 1.3430/50 zone becomes the next battle ground," Jamie Coleman from FXBeat comments. "A move through that area should prompt a test of the downtrend at 1.3480." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 13, 2014 OctaFX.Com News Updates

United States Retail Sales (MoM) below expectations (0.2%) in July: Actual (0%) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 13, 2014 OctaFX.Com News Updates

Geopolitical tensions weigh on sentiment – Danske Bank FXStreet (Edinburgh) - Pernille Nielsen, Senior Analyst at Danske Bank, signaled the situation en Ukraine continues to be a critical factor for markets’ sentiment. Key Quotes “Yesterday most equities declined as uncertainty about Ukraine returned after Russia sent 280 trucks carrying what it said was humanitarian aid for eastern Ukraine”. “Kiev said any unilateral attempt to deliver aid would be viewed as an act of aggression”. “The risk sentiment was affected by a new decline in the German ZEW expectations”. “Despite the recent weakness in data, Bundesbank President Weidmann said yesterday that the central bank sticks more or less to its forecast (GDP of 1.9% in 2014 and 2% in 2015)”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 13, 2014 OctaFX.Com News Updates

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