Fundamental

The Canadian dollar extends gains as USD/CAD breaks key support, with downside risk toward 1.3550 while broader US dollar weakness remains the main driver.

Financial markets are on pause as the Christmas holidays begin.

The British pound extends gains against the US dollar, with 1.35 acting as a key pivot and upside toward 1.37 if dollar weakness continues.

The Nasdaq 100 may see short-term choppiness and mild pullbacks, but strong support and mega-cap leadership continue to favor upside.

Apple remains in a strong uptrend, with holiday-thinned pullbacks attracting buyers as AI exposure and consumer demand support higher prices.

The US dollar is stabilizing against the yen, with positive carry and holiday-thinned liquidity likely to keep USD/JPY range-bound into year-end.