UFX Daily Forex Currency Trading News 13-June-2016

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Oil drop depresses market Join UFX! http://bit.ly/1LCq0XV Wall Street finished in the red with a drop in oil prices. The Dow Jones fell by 0.67%, the S&P 500 by 0.92%, and the NASDAQ lost 1.29% from its value. Technically, according to the 4-hour chart, the S&P 500 is trading above the support line at 2,088. Holding here may lead the index towards 2,120, while breaking below could take it to around 2,050. Citi Group shares fell by 2.47%, closing at $43.88. The U.S. Dollar traded higher against most major currencies after data showed that U.S. consumer sentiment deteriorated less than Continue reading UFX Daily Forex Currency Trading News 13-June-2016

UFX Daily Forex Currency Trading News 09-June-2016

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Rate hike weighs on dollar Join UFX! http://bit.ly/1VznWp3 Wall Street finished in the green as markets took a pause from a recent stretch of extreme volatility on a quiet day of trading. The Dow Jones rose by 0.37%, the S&P 500 by 0.33%, and the NASDAQ added 0.26% to its value. Google shares rose 1.62%, closing at $728.28. currencies as uncertainty over the timing of the next U.S. rate hike continues to dampen demand for the greenback. Yesterday, the JOLTS Job Openings came out at 5.79M vs. 5.67M forecast. Today, the Unemployment Claims is expected at 269K vs.267K previously. Gold Continue reading UFX Daily Forex Currency Trading News 09-June-2016