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…
The Australian Dollar declines due to dampened risk sentiment amid rising tensions in the Middle East. Israeli military officials said that Israel attacked dozens of nuclear sites across Iran. The US Producer Price Index rose 0.1% MoM in May, against the expectation of a 0.2% rise. The Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, with…
Geopolitical tensions were in the spotlight for the most part of the day, followed a bit more progress in trade talks and another round of soft U.S. data. Here are headlines you may have missed in the last trading sessions! Headlines: New Zealand Electronic Retail Card Spending for May 2025: 0.9% y/y (0.1% y/y forecast; -0.3% y/y previous) New…
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…
GBP/USD closed above the 1.3600 level for the first time since February of 2022. UK economic data continues to soften, limiting bullish Cable momentum. US consumer sentiment figures to cap off the trading week. GBP/USD climbed into fresh 40-month highs on Thursday, closing above the 1.3600 handle for the first time in over three years. Broad-market investor sentiment climbed…
The latest financial stress reading has fallen. In the week ending June 6, the St. Louis Fed Financial Stress Index decreased to -0.81 from -0.54 the previous week. This is via the Federal Reserve, St. Louis branch research: measures the degree of financial stress in the markets and is constructed from 18 weekly data series: seven interest rate series,…
The Canadian Dollar gained fresh ground against the US Dollar on Thursday. Softer-than-expected US PPI inflation data pushed the Greenback lower as Fed rate cut bets rise. Canadian economic data remains limited through the rest of the month. The Canadian Dollar (CAD) lurched into fresh eight-month highs against the US Dollar (USD) on Thursday, pushing the USD/CAD pair to…
The final piece of the Fed puzzle next week could be a meaningful one if Bank of America is right. The retail sales report is due on Tuesday, just one day ahead of the FOMC decision. The consensus for the headline right now is +0.1% but they expect it to be soft, including a ‘control group’ reading at 0%….
