The US dollar showed varied performance against major currencies amid rising yields and mixed economic signals.
The US dollar finished the session mixed as higher Treasury yields and resilient economic data competed with geopolitical risks and shifting risk sentiment. Gains were seen against the Swiss franc and Canadian dollar, while the yen, euro, and New Zealand dollar advanced. The dollar remained nearly flat against the British pound and Australian dollar, with all major pairs moving less than 0.24% on the day.
US stock indices closed in opposite directions, with the Dow declining while the S&P and NASDAQ posted gains. May employment trends softened slightly, registering 107.01 versus a revised 107.88 in April. Geopolitical tensions persisted, with Israel and Iran continuing military posturing despite diplomatic efforts.
Currency movements reflected cautious optimism, as traders weighed stronger US data against ongoing Middle East uncertainties. Silver prices dipped below their 200-day moving average for the first time since April, signaling potential technical weakness.