Nexus Dubai USD Price & Performance (NXDUSD)

Nvidia shares surged 4.5% on Friday, breaking a four-day losing streak and pushing above $120. The move highlights a broader tech rally, although the Dow Jones remains below its 200-day Exponential Moving Average. Investors are eyeing next week’s Federal Reserve decision for further market direction.1

The NASDAQ 100 ended the week near 19,129, reflecting persistent weakness. Despite a slight bounce, the index lacks the momentum for a sustained recovery. Analysts question whether this marks a standard correction or a deeper market downturn, as trading volume inches higher.2

The NZD/USD pair climbed 0.63% to $0.5740, benefiting from a weaker US dollar. Contributing factors include disappointing US job data and escalating trade tensions with China. However, concerns over New Zealand’s economic exposure to Chinese trade risks temper optimism for further gains.3