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Football legend, Emanuel Petit (winner of the ’98 World Cup), joins UFX.com as brand ambassador. Watch as he gives his famous team mates some trading tips.

Mixed economic data lowers market Join UFX! http://bit.ly/1VznWp3 Wall Street finished mixed following mixed U.S. economic data. The Dow Jones rose by 0.10%, the S&P 500 by 0.13%, and the NASDAQ lost 0.14% from its value. Cisco share fell, closing at $29.07. The U.S. Dollar traded low against most major currencies after the IBD/TIPP Economic Optimism report came out less than expected at 48.2 combined with uncertainty about the timing of interest rate hikes.Today, the JOLTS Job Openings is expected at 5.67M vs. 5.76M previously. Gold fell, closing at $1,246 an ounce. Crude Oil rose, closing at $50.42 a barrel. Continue reading UFX Daily Forex Currency Trading News 08-June-2016→

S&P 500 hits yearly high Join UFX! http://bit.ly/1OdVfYU Wall Street finished in the green with the S&P 500 reaching its highest level this year. The Dow Jones rose by 0.64%, the S&P 500 rose by 0.49%, and the NASDAQ added 0.53% to its value. Twitter sharerose, closing at $15.27. The U.S. Dollar traded moderately higher against most major currencies as FED Chair Janet Yellen’s speech implied a delay in the long-awaited rate hike. The Labor Market Conditions Index came at -4.8 vs. -3.4 previously. Today, the Revised Non-farm Productivity and the Revised Unit Labor Costs are expected at -0.6% and Continue reading UFX Daily Forex Currency Trading News 07-June-2016→

Consumer Spending Down Join UFX! http://bit.ly/1LCq0XV Wall Street traded mixed as economic reports showed conflicting data on U.S. consumer spending. The Dow Jones fell by 0.48%, the S&P 500 by 0.10%, and the NASDAQ added 0.29% to its value. Microsoft shares rose by 1.30%, closing at $53.00. The U.S. Dollar finished almost unchanged against most major currencies after U.S. economic data failed to support expectations for a June or July Federal Reserve interest rate hike. The CB Consumer Confidence came out lower than expected at 92.6 vs 96.1 forecast. Today, the ISM Manufacturing PMI is expected at 50.5 vs 50.8 Continue reading UFX Daily Forex Currency Trading News 01-June-2016→