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The US dollar started the North American trading session with mixed performance, moving within relatively tight ranges against major currency pairs. Early market data shows the greenback gaining slightly against EUR, JPY, GBP, and CHF, while weakening against AUD and NZD. Low-to-high intraday trading ranges remain constrained, with EUR/USD spanning just 22 pips and USD/JPY restricted to 40 pips, leaving potential room for range extensions as liquidity builds. In equity and commodity markets, US stock futures showed a positive bias driven largely by technology shares following strong quarterly earnings from Nvidia. The chip manufacturer reported a 106% year-over-year surge in revenue to $96.22 billion, beating Wall Street expectations. Meanwhile, Gold traded near $4,598.41, Oil hovered around $82.20 per barrel, and Bitcoin advanced 0.66% to reach $79,544. Traders are focusing on key technical support and resistance boundaries ahead of high-profile central bank speeches, including Fed remarks at the Jackson Hole summit. With Treasury yields inching higher across the curve, market participants should watch for potential breakouts from these initial consolidation ranges during the session.
