Fundamental

Bitcoin is setting up for a potential Santa Rally as bullish derivatives positioning, strong technical signals, and holiday liquidity point toward a $100K breakout.

The EUR/USD pair flirted with the 1.1800 mark during European trading hours on Tuesday. The FX board is all about US Dollar (USD) weakness, with the American currency losing ground against all major rivals.

USD/JPY pulled back early in the week, but strong yield spreads continue to favor the US dollar despite short-term consolidation.

AUD/USD moved higher on Monday, but the 0.67 level remains a key ceiling as low holiday liquidity favors consolidation over a breakout.

The S&P 500 is gaining momentum into year-end, with a Santa Claus rally lifting prices toward fresh record highs.

Stiff competition and high debt levels counter the improved outlook following its latest earnings release. Should you disembark from Carnival?