Happy Monday in a stunted week that will be the final one of 2024 and the first one of 2025.
It's the final full trading day of the year and it's been quiet so far in FX. That's not the case in equities where S&P 500 futures are down nearly 1%.
It's all about positioning and re-positioning today so I wouldn't read too much into the moves, though I strongly suspect we will see profit-taking in high-flying names early in the year, if only due to tax considerations.
Today's economic calendar will be a non-factor as we get the Chicago PMI (9:45 am ET), pending home sales (10 am ET) and the Dallas Fed (10:30 am ET). For more, see the economic calendar.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about pending home sales highlight a light us economic calendar was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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