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Fixed exchange rate ‘dangerous’ for PHL economy, BSP chief says

THE BANGKO SENTRAL ng Pilipinas (BSP) will not opt to set a fixed exchange rate for the peso, with its chief calling it a “dangerous” move for the economy.

Peso to weaken on Fed

THE PESO is seen to weaken against the dollar for the rest of the week as investors expect the minutes of the latest meeting of the US Federal Reserve to support further monetary policy tightening.

Trump’s Fed comments dent dollar

London, United Kingdom -- The dollar fell versus the euro and yen Tuesday after US President Donald Trump hit out at the Federal Reserve's...

Peso expected to weaken on possible Fed hawkish stance

The peso is seen to weaken against the dollar for the rest of the week as investors expect the minutes of the latest meeting...

Peso books slight gains vs dollar ahead of low-level US-China talks

THE PESO strengthened slightly against the dollar on Monday as markets await the minutes of the latest meeting of the US Federal Reserve and trade talks between Washington and Beijing.

Peso likely to strengthen

THE PESO will likely strengthen on Monday, with the dollar seen to depreciate as risk appetite improves following positive developments in the trade relations between the United States and China.

Peso firms in thin trading as US, China resume trade talks

THE peso firmed against the dollar on Friday as the announcement of trade talks between China and the United States next week encouraged some risk-on sentiment on the market, though trading came in a narrow range and volume declined.

Peso rebounds against US dollar as Qatar’s pledge supports lira

THE PESO strengthened slightly against the dollar on Thursday as Qatar’s investment pledge supported the Turkish lira.

Peso weakens further as market remains cautious

THE PESO declined further against the dollar on Wednesday to hit a three-week low as investors continued to flock to safe-haven currencies due to concerns over the Turkish economy.

Peso declines on risk-off mood

THE PESO slipped further against the dollar on Tuesday due to continued risk-off sentiment in the market due to concerns over the Turkish economy.

Fed’s Powell to keep hiking as US growth overshadows Turkey turmoil

Don’t count on a Powell Pause. That’s the message seasoned watchers of the Federal Reserve have for any investors hoping that turmoil in Turkey and...

Peso drops on Turkey’s troubles

THE PESO plunged against the dollar on Monday, tracking the movement of the Asian currencies following the crash of the Turkish lira.

Peso seen mixed after rate move

THE PESO will likely move sideways against the dollar this week ahead of likely mixed economic data in the United States and following the policy rate adjustment by the local central bank.

Peso slips ahead of key US data

THE PESO slipped versus the dollar on Friday to its weakest in a week, as investors await the turnout of key economic data in the United States and further hints on its ongoing trade war with China.

Peso weakens vs dollar

The peso slipped versus the dollar on Friday, Aug. 10, to its weakest in a week, as investors await the turnout of key economic...

Peso slips on slower GDP growth

THE PESO slipped against the dollar on Thursday following data showing slower-than-expected Philippine economic growth in the second quarter and ahead of the central bank’s move to raise interest rates anew.

Peso drops further vs dollar

THE PESO weakened against the dollar on Wednesday due to a wider trade deficit and as market players await for the central bank’s monetary policy decision.

Peso down as inflation data fuel views of hike

THE PESO weakened against the dollar on Tuesday following the faster-than-expected July inflation print which supported views of another rate hike from the central bank.

Peso at two-month high on rate hike bets

THE PESO strengthened against the dollar on Monday to hit a two-month high as market players anticipate a rate hike at the central bank’s meeting this week.

Peso to rise ahead of PHL data

THE PESO will likely strengthen this week ahead of likely upbeat economic reports in the Philippines, boosted by the softer-than-expected jobs data out of the United States.

Peso weakens ahead of data, monetary policy decision

THE peso declined against the dollar on Friday with market participants awaiting jobs data from the US as well as a slew of Philippine economic data next week.

Things are looking up for the Philippine peso

Things are looking up for the Philippine peso after it suffered one of the biggest losses in the region in the first half of...

Peso slips on hawkish Fed

THE PESO slipped on Thursday, inching back to the P52 level intraday, as tracked the dollar in tight trade due to the hawkish stance of the US central bank.

Peso inches higher as market eyes BSP meet

THE PESO strengthened further against the dollar on Wednesday as the market pocketed gains ahead of an expected tightening by the local central bank this month.

Peso up on higher inflation estimate

THE PESO strengthened against the dollar on Tuesday to a seven-week high as the central bank said inflation likely quickened further last month.

Many Asian currencies weaken as investors dig in ahead of central...

MOST ASIAN CURRENCIES weakened on Monday as investors braced ahead of a busy week lined with central bank meetings, corporate results and updates on US inflation and payrolls.

Peso higher vs dollar amid stock investment inflows, BSP rate remarks

THE PESO strengthened further against the dollar on Monday on the back of equity flows and hawkish statements from the Bangko Sentral ng Pilipinas (BSP).

Peso to drop on strong US data

THE PESO will likely weaken this week as the dollar is seen to strengthen on the back of the upbeat US economic data as well as a likely hawkish statement out of the policy meeting of the Federal Reserve.

Peso climbs on hawkish BSP

THE PESO gained strength versus the dollar on Friday, with hawkish remarks from the Bangko Sentral ng Pilipinas (BSP) boosting the currency to a one-month high.

Peso down on corporate demand, US deal with EU

THE PESO depreciated against the dollar on Thursday due to corporate demand following the “favorable” agreement between the United States and the European Union on trade policies.

Peso climbs vs dollar

THE PESO strengthened to hit three-week high against the dollar on Wednesday as the market continued to wait for the central bank’s policy decision amid hints on a fresh hike.

Peso climbs on easing tensions

THE PESO strengthened further against the dollar on Tuesday amid risk-on market sentiment due to subdued geopolitical noise abroad.

Peso inches up versus US dollar

THE PESO strengthened slightly on Monday as the dollar weakened amid sustained concerns over the trade spat between the United States and China.

Peso gains slightly on lingering trade war concerns

The peso strengthened slightly on Monday, July 23, as the dollar weakened amid sustained concerns over the the trade spat between the United States...

Emerging markets at mercy of falling yuan as currency war looms

China’s yuan is back at the top of emerging-market investor worries as the deepening standoff between the U.S. and China over trade threatens to...

Peso seen sideways

THE PESO is seen to move sideways against the dollar this week due to a possible rate hike from the local central bank as well as geopolitical concerns abroad.

Peso higher after BSP remarks about rate hike plans

THE peso strengthened against the dollar on Friday after remarks from the central bank were taken to mean it is planning another interest rate hike during its next monetary policy meeting.

Peso slightly firms up on BSP’s hint of August rate hike

The peso strengthened against the dollar on Friday, July 20, after the local central bank hinted at another interest rate hike during its next...

Peso slips on Fed rate hike bets

THE PESO weakened against the dollar on Thursday following more hawkish statements from the US Federal Reserve chairman.

Peso declines vs dollar

THE PESO weakened on Wednesday as the dollar gained ground following the upbeat testimony of US Federal Reserve Chair Jerome Powell.

Peso up ahead of Powell speech

THE PESO bounced back on Tuesday as the dollar weakened across major currencies ahead of the testimony of US Federal Reserve Chairman Jerome Powell and following the stronger remittance data released Monday.

Peso drops to fresh 12-year low as Trump calls EU a...

THE PESO weakened against the dollar to hit a fresh 12-year low due to continuous corporate demand for the dollar as well as the negative statement of US President Donald J. Trump against the European Union (EU).

Peso seen moving sideways

THE PESO is seen to move sideways against the dollar this week ahead of likely mixed economic data in the US as well as key summits abroad.

BSP asks NBI’s help in search for fake money peddlers

THE BANGKO SENTRAL ng Pilipinas (BSP) has tapped the National Bureau of Investigation (NBI) for a crackdown on peddlers of fake money on social media.

Peso slips amid lack of leads

THE PESO traded sideways versus the dollar on Friday, moving in sync with regional currencies due to a lack of leads.