US technology stocks were in the spotlight yesterday following the sudden resignation of Nvidia CEO Jensen Huang, which prompted a broader sell-off in AI-linked shares even as competitors and hyperscalers attracted dip-buyers. Escalating tensions in the Middle East pushed oil prices sharply higher, while hawkish Federal Reserve commentary and surging inflation expectations drove Treasury yields back above 5% and lifted the dollar to its highest level since April 2025. European equities outperformed, touching record highs before closing slightly lower. In today's show, Tim Gagie, Head of FX Advisory in Geneva, shares his insights on gold, the US dollar, and the Brazilian real.