Fundamental Analysis
Posted 1 hour ago
US Stock Rally Lifts Risk Sentiment; Nasdaq Nears All-Time Highs
Nvidia surged over 8% on strong AI results, driving Nasdaq +1.6% while S&P 500 gained 0.7% and DJI +0.2%. The Nasdaq now sits within 3% of May all-time highs, signaling renewed risk appetite. This equity strength typically supports higher-yielding currencies and risk assets, with implications for USD pairs and equity-correlated FX trades.
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