Posts Tagged ‘It’s’
The FedEx Corporation or the FDX in the New York stock Exchange is one of the major logistics company in the world. Like the UPS which I presented a few days back (kindly check my previous blog here) also gapped up following an upbeat earnings forecast. The shares of FedEx jumped [...]
In my last post about the EURCAD pair several days ago (July 9), I mentioned that the Loonie could be preparing for a revolt against the Canadian dollar. Back then, the pair already broke its downtrend line and appeared to be in the phase of forming the right shoulder of [...]
Today Greece officially asked the EU and IMF to activate the aid package/bailout to help Greece meet its debt obligations. This now puts the ball in the court of the EU, in its first real test of structural stability. As a result, the Euro is actually higher coming off one-year lows, bouncing just higher off [...]
It’s been a while since I last wrote about the Euro (October 26: Euro Optimism (And not just Dollar Pessimism)). That’s because my perspective recently has been mainly Dollar-centric; I continue to believe that much of the recent movement in forex markets (with the exception of certain cross rates) can best be explained by the [...]
