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For more currency & commodity news & info, visit http://ufx.co/UFXM-youtube U.S Major Indices declined slightly on Monday after the Federal Reserve hinted that the bond buying program may begin tapering off soon. The S&P 500 ended down 0.07%, the NASDAQ declined by 0.07% and the Dow Jones lost 0.12% from its value. Apple shares gained [...]

For more currency & commodity news & info, visit http://ufx.co/UFXM-youtube For the second straight week, the Pound fell against the US Dollar amid investors’ speculation that the Federal Reserve will soon end its asset purchasing program, the likelihood of which is strengthening the US Dollar against all of its major counterparts. The Pound fell to [...]

For more currency & commodity news & info, visit http://ufx.co/UFXM-youtube Wall Street closed Friday in the green with the indices continuing to reach new highs and rising for the last 4 weeks with no signs of ending and with finance and technology leading the gains. Microsoft rose by 2.32% to close at $34.87. The S&P [...]

For more currency & commodity news & info, visit http://ufx.co/UFXM-youtubeU.S. indexes rose slightly despite disappointing economic data from the U.S.. Google shares rose for the first time above the price of $ 900.S & P 500 rose by 0,37%, NASDSAQ – by 0.15%, while the Dow Jones – by 0.36%. The dollar rose against major [...]

For more currency & commodity news & info, visit http://ufx.co/UFXM-youtube U.S Major Indices finished the week with modest gains. The S&P 500 rose by 0.43%, NASDSAQ gained by 0.80% and Dow Jones by 0.24%. JP Morgan shares finished almost unchanged as the controversy over CEO and Chairman Jamie Dimon continues bothering investors. In the upcoming [...]

For more currency & commodity news & info, visit http://ufx.co/UFXM-youtube U.S Major Indices finished almost unchanged as Fed exit talks lowered risk demand but strong retail sales stopped early declines. S&P 500 finished unchanged, NASDSAQ added 0.06 to its value and Dow Jones declined by 0.18%. Wal-Mart shares declined by 0.49% as Fed pressure to [...]

For more currency & commodity news & info, visit http://ufx.co/UFXM-youtubeAt a meeting in Aylesbury, England, the G-7 yet again refrained from criticizing the Bank of Japan’s devaluation of the Yen. Although G-7 central bankers and finance ministers expressed concern over the Bank of Japan’s monetary policy, they accepted the Yen’s ongoing decline against other major [...]

For more currency & commodity news & info, visit http://ufx.co/UFXM-youtubeWall Street closed the trading day in the green for the fifth session in a row due to optimism regarding global central bank stimulus. U.S companies’ earnings continue to beat forecasts, contributing to the current rally. The Dow Jones strengthened by 0.32%, NASDAQ gained by 0.49% [...]

For more currency & commodity news & info, visit http://ufx.co/UFXM-youtubeBenchmark indices hit new highs after receiving a push from the financial sector, especially from an HSBC gain of 2.15%. The Dow Jones reached a new high of 15,056, the S&P 500 a new high of 1625.96; the NASDAQ, however, declined by 0.08%, to 2952. The [...]

In response to better than expected economic data, the Pound climbed against the US Dollar for a second straight week. Reports on manufacturing and business confidence sent the Pound to an 11-week high against the US Dollar. The Pound was last trading at the level of 1.5571, which is an increase of 0.26%. The Canadian [...]