Gold prices rose in Philippines on Friday, according to data compiled by FXStreet. The price for Gold stood at 6,068.33 Philippine Pesos (PHP) per gram, up compared with the PHP 6,040.26 it cost on Thursday. The price for Gold increased to PHP 70,779.77 per tola from PHP 70,452.41 per tola a day earlier. Unit measure Gold Price in PHP…
2025.07.04 2025.07.04 US Dollars Inches Higher After Strong Jobs Report. Forecast as of 04.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ If the US economy is truly thriving, as the US administration asserts, is there a need to further stimulate it with fiscal and monetary measures? The derivatives market perceives this as an erroneous move. Let’s discuss this topic and make a trading plan…
CAD/CHF just bounced off fresh 2025 lows, but nearby resistance levels could make life tough for the bulls. Is this a chance to catch the next leg lower in what’s been a steady downtrend? CAD/CHF 4-hour Forex Chart by TradingView CAD/CHF has been trending lower since mid-June, printing a series of lower highs and lows as oil prices slipped…
There is just one to take note of on the day, as highlighted in bold. It’s going to be a quiet day with it being a US holiday and the lack of any major expiries fits with the theme. However, there is a large one for AUD/USD to take note of at the 0.6600 level at least. It’s not…
The Indian Rupee gains sharply against the US Dollar ahead of the US NFP data for June. The US NFP data will significantly influence market expectations for the Fed’s monetary policy outlook. FIIs have sold Indian equities worth Rs. 3,531.76 crores in the first two trading days of July. The Indian Rupee (INR) surges against the US Dollar (USD)…
Markets fired on all cylinders Thursday after the U.S. posted a stronger-than-expected jobs report, sending the dollar surging and gold tumbling as Fed rate cut hopes took a hit. Stocks rallied, Treasury yields climbed to fresh highs, and Bitcoin managed to defy the usual macro moves with steady gains while oil swung on dollar strength and supply concerns. Here…
Australian Household Spending for May 2025 +4.2% y/y expected +3.5%, prior +3.8%) +0.9% m/m expected + 0.5%, prior 0.0% The Australian Bureau of Statistics says: ‘The rise in May was driven by spending on discretionary goods and services. ‘Discretionary spending rose 1.1 per cent, as households spent more on clothing and footwear, new vehicles, and dining out. ‘Meanwhile, non-discretionary…
USD/CAD rebounds to around 1.3595 in Thursday’s early European session. The pair keeps the negative outlook below the 100-day EMA with a bearish RSI indicator. The initial support emerges at 1.3555; the first upside barrier is located at 1.3700. The USD/CAD pair recovers some lost ground to near 1.3595 during the early European session on Thursday. The potential upside…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
USD/CNH struggles to gain any meaningful traction as traders keenly await the US NFP report. The technical setup favors bearish traders and backs the case for a further depreciating move. Any attempted recovery could be seen as a selling opportunity ahead of the key 7.1800 level. The USD/CNH pair extends its sideways consolidative price move for the third straight…
