News

Silver price sinks more than 1% on Friday, ahead of the weekend, after refreshing a five-day high of $36.83, ahead of $37.00. At the time of writing, XAG/USD trades at $36.16 due to a slight recovery in the US Dollar and rising US Treasury yields.

Japanese Retail Sales for May 2025

+ 2.2% y/y

• expected + 2.7%, prior +3.5%

more to come

Earlier:

• Tokyo June 2025 headline CPI +3.1% y/y (3.3% expected)
• Japan May unemployment rate 2.5% (expected 2.5%)

NASDAQ 100 Trading Just Below All-Time High, Stock Markets Bullish, Risk Sentiment Improves on Iran Ceasefire; Powell Testifies Happy to Wait for Rate Cuts; Australian Inflation Declines to 3.5-Year Low; Bank of Japan Hints at More Aggressive Tightening

S&P 500: ⬆️ Buy – S&P 500 reversed from support area – Likely to rise to resistance level 6065.00 S&P 500 index recently reversed from the support area between the support level 5930.00 (which reversed the price multiple times from.

Jerome Powell's speeches to Congress are central this week for insights about the US economy and monetary policy amidst uncertainties like armed conflicts and tariffs.

As the GBP/USD chart shows, the pair dropped sharply last night, falling below the 1.34170 level. This move marked the lowest point for the pound against the dollar since the beginning of June.

One of the main drivers behind this decline is the strengthening of the US dollar,

The Canadian Dollar (CAD) is holding its ground against the US Dollar (USD) on Tuesday, with USD/CAD moving sideways near 1.3575.

Introduction to USDCHF The USD CHF pair, often nicknamed the “Swissie,” tracks the exchange rate between the US Dollar and the Swiss Franc, reflecting the economic dynamics of two influential global economies. Traders favor this pair due to its stability and predictability, making it a reliable indicator of market sentiment and safe-haven appeal. Understanding movements […]

The post Is USD/CHF Ready to Reverse from Historic Lows? appeared first on UnitedPips Ltd.

The USD/CHF ended Friday’s session with gains of over 0.04%, but in the week fell over 1.37% to a one-month low of 0.8054. At the time of writing, the pair trades at 0.8104 due to increased demand for the Dollar amid risk aversion.

Q1 earnings are in the books and the S&P 500 did a pretty good job, sporting double-digit growth. What was the tone from the quarter, though? Before we dive in, let’s make sure you’re set to receive The Daily Breakdown each morning. To keep getting our daily insights, all you need to do is log…

The post Q1 Earnings: How Did Everyone Do? appeared first on eToro.