Weekly Market Wrap With Gary Thomson: Nasdaq 100, NVIDIA, EUR/USD, Gold price

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Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights. Read the latest news on Market Pulse

  • Tech Stocks Back in Vogue as Nasdaq 100 Rallies to Record High
  • After Earnings Report, NVDA Stock Price Exceeds $1,000
  • EUR/USD Price Forms Bullish Reversal Amid Key News
  • Gold Price Reaches Historic High

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This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Forex Analysis

USD/JPY and USD/CAD Continue to Rise Ahead of Key Data Releases

The US dollar continues to strengthen against major counterparts as markets await important macroeconomic data scheduled for release in the coming hours. Investors are focusing on US GDP figures, the Personal Consumption Expenditures (PCE) price index, and Canada’s labour

Shares

Oracle (ORCL) Shares Jump Above $160

Following a strong earnings report, Oracle shares surged above $160, marking roughly a 1.5-month high:
→ Earnings per share: expected $1.70, actual $1.79;
→ Revenue: expected $16.7bn, actual $17.2bn.

This is the first quarter in 15 years

Forex Analysis

USD/JPY Approaches Key Resistance Level

The USD/JPY chart shows a bullish trend at the start of March, influenced by the escalation of military activity in the Middle East.

On one hand, the US dollar is strengthening due to increased demand for safe-haven assets. On

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