#CryptoComeback Here's a 150-word summary about the Trade of the Week:
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Trade of the Week
This week’s standout trade was driven by stronger-than-expected earnings from several tech giants, which lifted investor sentiment across global markets. The Nasdaq led the gains, with a notable surge in semiconductor and AI-related stocks. Nvidia and AMD saw significant upticks as demand for AI chips continued to grow. Meanwhile, oil prices remained volatile due to geopolitical tensions in the Middle East, influencing energy sector trades. The U.S. dollar held steady, while gold slightly pulled back after touching recent highs. On the forex front, the Japanese yen weakened, prompting increased interest in USD/JPY trading. Bitcoin also saw a brief rally, pushing past a key resistance level before correcting slightly. Investors showed renewed confidence amid signs of economic resilience in major markets. Overall, the trade of the week was characterized by tech-driven momentum, cautious optimism in commodities, and strategic currency plays — all reflecting a market balancing innovation, risk, and global events.
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