BSP tightening path supports PHP – UOB

BSP tightening path supports PHP – UOB

UOB economists Julia Goh and Loke Siew Ting note that Philippine inflation unexpectedly eased in May but remains above the Bangko Sentral ng Pilipinas (BSP) target, keeping risks tilted to the upside. They expect the BSP to deliver a 25bps hike to 4.75% on 18 June and another 25bps to 5.00% in 3Q26, then hold […]

XAG crashes toward 200-day SMA, eyes $61.00

XAG crashes toward 200-day SMA, eyes .00

Silver (XAG/USD) price tanks and challenges the 200-day Simple Moving Average (SMA) near $67.79 on Friday, as the white metal registers a daily loss of nearly 8% and is poised to end the week down by almost 10%, amid a stronger-than-expected US Nonfarm Payrolls report. XAG/USD Price Forecast: Technical outlook Silver has extended its losses […]