by OverviewFX | Jun 6, 2025 | Economy
Following the publication of the Federal Council proposals for banking stability, UBS has issued a statement. UBS says it supports in principle most of the regulatory proposals the Swiss Federal Council published today. However, UBS strongly disagrees with the extreme...
by OverviewFX | Jun 6, 2025 | Economy
By RoboForex Analytical DepartmentThe USD/JPY pair rose to 143.80 on Friday, marking a second consecutive day of yen depreciation. The decline comes as traders adopt a wait-and-see stance ahead of a key report on US employment figures.Market cautious ahead of NFP;...
by OverviewFX | Jun 6, 2025 | Economy
Retail CFD and Forex broker FxPro today announced that Circle Internet Group (CRCL.N) – the company behind USDC – is now available to trade as a CFD on the FxPro platform and mobile app via an MT5 account. Circle’s IPO was priced at $31 per share on Wednesday, June...
by OverviewFX | Jun 6, 2025 | Economy
Wall Street closed lower on Thursday as investors grappled with the public feud between President Trump and Elon Musk, renewed trade uncertainty between the US and China, and growing signs of weakness in the labor market. At the end of Thursday, the Dow Jones...
by OverviewFX | Jun 6, 2025 | Economy
The review of the Credit Suisse crisis showed that the too big to fail regime needs to be improved in order to reduce risks for the state, taxpayers and the economy. For this reason, during its meeting on 6 June 2025 the Swiss Federal Council determined the parameters...
by OverviewFX | Jun 6, 2025 | Economy
Yen expected to be the most volatile in G10 space vs USDOngoing US-Japan talks, geopolitics & data could rock JPYOver the past year US CPI triggered moves of ↑ 0.7% & ↓ 1.7%Bloomberg FX model: USDJPY has 72% of trading within 141.26 – 146.52 over 1-week...