Although the package delivery company expects a modest economic recovery next year, FedEx said "there is some uncertainty regarding the sustainability of current demand trends after our peak shipping season."
The dollar is rallying because Federal Reserve indicated that it would start pulling back some emergency supports as the economy improves despite the fact that FedEx see uncertainly regarding the sustainability of current demand after the holidays. The Federal Reserve, obvouisly talking up the dollar, conveniently omitted a timetable or indication of the size of the withdrawal in comparsion to the monsterous monetary injections that have already taken place.
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