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Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range · 7–28-day calibrated zone
Forecast batch: 7/31/26
Market-data read
USD/PHP reads range-bound — no clean directional character at any horizon (ER 0.77 / 0.39 / 0.14). Recent action is directionless chop rather than a trend. Term-structure band: ±0.4% / ±0.6% / ±0.8% (7/14/28d).
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
7 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: S&P Global Manufacturing PMI (r=+0.60), Producer Price Index YoY (r=+0.58), Imports YoY (r=+0.32)
Inversely correlated: CPI (r=-0.71), Budget Balance (r=-0.53), Core Inflation Rate YoY (r=-0.53), Foreign Exchange Reserves (r=-0.31)
As of August 1, 2026, USD/PHP is trading at 61.2151. Our multi-model Sigmanomics forecast for this forex pair generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
Containment = how often the band held (backtest) — magnitude only, not a directional record.
Forecasts generated by Sigmanomics engine. Not financial advice.
Market-data read
The USD/PHP forex pair tracks the exchange rate between the US Dollar and the Philippine Peso. The USD/PHP pair closed at 61.2151 on August 1, 2026, reflecting a gain of 0.03% from the previous close of 61.1955.
Over the past 30 days, the pair has experienced a sideways movement with a decline of 0.38%, ranging between 61.1480 and 61.8756. The price currently trades below its 20-day moving average of 61.6120. The 14-day RSI stands at 35.1, in the lower part of its range. Among macroeconomic indicators in our coverage, CPI shows the strongest historical relationship with this instrument, negatively correlated (r = -0.71).
Over the same 30-day window, daily-return volatility was 0.14%, reflecting subdued price variability for this pair. Across the past 52 weeks, the pair has traded between 57.4449 and 62.0954, with the current price near the high end of that range.
Daily-return volatility of 0.14% is subdued for this pair, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. USD/PHP is currently trading 0.64% below its 20-day moving average and sitting in the upper portion of its 52-week range. Its 14-day RSI reads 35.1, currently in neutral territory. For cross-confirmation, the CPI indicator carries the strongest historical correlation with USD/PHP (r = -0.71) and is worth watching for context.
Auto-generated from Sigmanomics market data. Last update Aug 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.