FedEx shares with low volume ahead of Earnings Report.
Transport giant #FedEx is expected to release its fiscal second quarter 2023 results on Tuesday (20/12), after market close. The company previously announced cost-cutting measures including plans to lay off…
Read More »AUD/USD Forecast: Quiet Week Ahead Going Into 2023 for Aussie
AUD/USD hovers around 0.67 with potential to push lower.
Read More »Market Update – December 20 – Pre-Christmas Surprise from BOJ
The USD Index is betwixt and between amid various drivers. It closed at 104.706, inside the day’s 104.931 to 103.50 range. The advent of the holidays and year end have…
Read More »What to Expect from the S&P 500 In the Final Week of 2022?
There is only one week left in the trading year, and it will be contorted by holiday conditions. What should we expect from the S&P 500 (as a benchmark for…
Read More »Reminder – most of Asia is on holiday today, forex liquidity is extremely thin
<p>ICYMI,<a href="https://www.forexlive.com/news/a-barrage-of-asian-market-holidays-incoming-next-week-fx-guide-20221223/" target="_blank" rel="follow"> I posted last week on the holidays in major FX centres in Asia this week</a>. The whole week is going to be more or less a…
Read More »United States CFTC S&P 500 NC Net Positions climbed from previous $-230.1K to $-159.8K
United States CFTC S&P 500 NC Net Positions climbed from previous $-230.1K to $-159.8K
Read More »United Kingdom CFTC GBP NC Net Positions climbed from previous £-25.7K to £-5.6K
United Kingdom CFTC GBP NC Net Positions climbed from previous £-25.7K to £-5.6K
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Read More »EURUSD Left in a Technical Lurch as Markets In Full Holiday Liquidity
This past week ended with the Fed’s favorite inflation indicator addressing one of the top macroeconomic themes. The S&P 500 generated volatility but held to range, the VIX naturally deflated…
Read More »AUDJPY: Rounding Top Downside Breakout Detected
AUDJPY, Daily The RBA appeared to fulfil market expectations by offering clues in the RBA minutes on when it will end its tightening cycle. According to the minutes, the central…
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