Israel struck Iran with military action on their nuclear facilities and an ballistic military factories along with military leaders. That sent the US dollar higher. US yields are also marginally higher which is a bit unusual . Looking at the US yields: 2-year yield 3.911%, +0.6 basis point 5 year yield 3.962%, +0.4 basis points 10 year yield 4.359%,…
Brent crude is showing bullish continuation signals after confirming a double bottom and breaking above its consolidation range, with momentum indicators pointing toward further upside, Société Générale’s FX analysts note. Technical breakout in Brent crude signals further upside potential “Brent formed a double bottom near $58.40 recently and has overcome the upper limit of its base highlighting possibility of…
2025.06.13 2025.06.13 Platinum Leaves Gold Behind. Forecast as of 13.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Platinum is having its moment this summer. The precious metal is on track for its best monthly performance since 2008, driven by tightening supply and surging demand. It is a compelling alternative to gold. Let’s discuss it and make a trading plan. The article covers the following…
Prior +2.6%; revised to +2.4% Looking at the breakdown, there were decreases in output all around for intermediate goods (-0.7%), energy (-1.6%), capital goods (-1.1%), durable consumer goods (-0.2%), and non-durable consumer goods (-3.0%). This article was written by Justin Low at www.forexlive.com.
Bloomberg reported Japan’s top trade negotiator Ryosei Akazawa saying on Friday that “generally speaking, if we reach a deal it should secure special treatment for Japan, and exclude it from rules that apply to most countries,” when asked about US President Donald Trump’s comments that indicated he’s considering raising tariffs on imported cars further to boost production in the…
2025.06.13 2025.06.13 US Dollar Rises Due to Risk-Off Sentiment. Forecast as of 13.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In a rapid sequence of events, investors accepted that the Fed would soon make a rate cut, and Israel launched an attack on Iran’s nuclear facilities. The ongoing conflict in the Middle East may accelerate inflation in the US. Let’s discuss this topic and…
Iran International reports that “the sixth round of talks with the United States will not be held following the Israeli attacks” citing senior Iranian lawmaker Aladdin Boroujerdi, a member of parliament’s National Security and Foreign Policy Commission. This article was written by Giuseppe Dellamotta at www.forexlive.com.
Gold prices rose in Philippines on Friday, according to data compiled by FXStreet. The price for Gold stood at 6,193.86 Philippine Pesos (PHP) per gram, up compared with the PHP 6,118.13 it cost on Thursday. The price for Gold increased to PHP 72,240.67 per tola from PHP 71,360.65 per tola a day earlier. Unit measure Gold Price in PHP…
Guppy continues to consolidate with its higher lows and resistance at the 196.50 area, possibly gearing up for another test of its ascending triangle support. Or will we see a breakout soon? Check out these nearby inflection points on the 4-hour time frame: GBP/JPY 4-hour Forex Chart by TradingView Pound bulls have been attempting to take GBP/JPY higher over…
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…
