2022 offered an awful array of geopolitical and economic problems, none of which are going to get better just because the calendar flips.

from DailyFX – Market News https://ift.tt/FNonwy4
via IFTTT

Tesla’s market capitalization plunged 72% since last year’s peak, which means it no longer towers over competition like it used to. Meanwhile, the Nasdaq 100 sank with Fed woes.

from DailyFX – Market News https://ift.tt/d3ItyOc
via IFTTT

While most traders are focusing in on a single asset or perhaps market heading into the new trading year, I believe it pays to have a perspective on the broader system. And, for that fundamental backdrop, I believe the Nasdaq-Dow ratio offers interesting insight.

from DailyFX – Market News https://ift.tt/IXSc0Ug
via IFTTT

It was a big year for FX markets as the US Dollar jumped for the first three quarters of 2022 only to snap back with aggression in Q4. What’s in store for 2023?

from DailyFX – Market News https://ift.tt/d9Ewbyq
via IFTTT

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 and most Dollar crosses disarmed key technical patterns. The exception remains EURUSD. Will pressure force this pair in the final week of 2022?

from DailyFX – Market News https://ift.tt/QqpWv2n
via IFTTT