Author: Admin

Is the S&P 500 about to continue its surge in 2026? You can read our forecast in this article or watch it in video format below.BlackRock, the world’s largest asset manager, ran an online survey in early December asking respondents whether attractive returns for risk assets would continue for a fourth straight year in 2026. Respondents overwhelmingly signaled in the affirmative, choosing the most bullish option available by just under 59%. That poll, likely composed largely of retail traders, is surprisingly mirrored by most Wall Street analysts as well. The S&P 500 projections for 2026 obtained by FXStreet span from Wells…

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GBP/USD slips slightly as holiday-thinned markets keep trading subduedThe British Pound (GBP) softens against the US Dollar (USD) on Wednesday, with the Greenback finding mild support amid reduced liquidity during the shortened US holiday session. At the time of writing, GBP/USD trades around 1.3500, easing slightly after briefly touching an intraday high near 1.3534, its strongest level since September 19. Read More…Pound Sterling outperforms US Dollar amid firm Fed dovish bets for 2026The Pound Sterling (GBP) revisits the three-month high around 1.3535 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair trades firmly as the Greenback underperforms, with unexpectedly stronger…

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    What Is a Santa Rally? Santa Magic The Santa Rally is a well-known seasonal pattern in the stock market where prices tend to rise during the final trading days of December and the first few trading days of January. Traders and investors often watch this period closely, as it can offer short-term trading opportunities and insight into broader market sentiment heading into the new year. In this article, we’ll explain what a Santa Rally is, why it happens, how often it occurs, and whether it’s actually tradable.   Santa Magic What Is a Santa Rally? A Santa Rally…

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Gold (XAU/USD) trades on the back foot on Wednesday after surging to a fresh all-time high near $4,526 earlier in the day. Volatility picked up amid thin holiday liquidity ahead of Christmas, encouraging mild profit-taking at elevated levels. At the time of writing, XAU/USD trades around $4,470, up nearly 3% this week.Bullion’s historic rally this year has been nothing short of remarkable, with prices up more than 70% year to date, putting Gold on track for its strongest annual performance since 1979. The rally has been driven by strong safe-haven demand amid persistent geopolitical risks and economic uncertainties, as well…

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The Canadian Dollar (CAD) holds modest gains against the US Dollar (USD) on Wednesday, even as the Greenback trades firm amid limited movement as markets drift into holiday mode. At the time of writing, USD/CAD is trading around 1.3675, hovering near its lowest level since July 25.Gross Domestic Product (GDP) data released on Tuesday did little to shift sentiment around USD/CAD. Canada’s economy contracted by 0.3% MoM in October, matching forecasts and reversing a 0.2% gain in the prior month. Meanwhile, the preliminary estimate of third-quarter GDP showed the US economy grew at a strong annualised pace of 4.3%, beating…

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