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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.

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.

PSEi ends week on a high note

LOCAL stocks rallied on Friday, missing the 7,400-mark by a hair as China remained silent on the United States’ latest move on their trade spat.

Peso ends flat following positive US data, renewed trade tensions

THE PESO ended flat against the dollar on Thursday following upbeat US producer price data and renewed trade tensions between China and the US.

Peso slips to near two-week low

THE PESO weakened on Wednesday, slipping to a near two-week low against the dollar, due to a fresh escalation in trade tensions between China and the United States.

Peso weakens on PHL trade data

THE PESO depreciated against the dollar on Tuesday after local data showed a wider trade deficit.

Peso climbs slightly as dollar slips after mixed US jobs data

THE PESO strengthened a tad against the dollar on Monday following the release of unemployment data in the United States last Friday.

Peso gains slightly vs dollar after US jobs report

The peso strengthened a tad against the dollar on Monday, July 9, following the release of unemployment data in the United States last Friday. The...

Peso to move within tight range after positive US data

THE PESO will likely move sideways against the dollar this week on the back of likely mixed economic data in the United States and as well as potentially weak Philippine trade figures.

Peso flat vs. dollar in rangebound trading

THE peso ended flat against the dollar on Friday after the release of the minutes of the June meeting of the US Federal Reserve.

Peso ends the week flat after Fed minutes released

The peso ended flat against the dollar on Friday, July 6, after the release of the minutes of the June meeting of the US...

Peso drops as inflation picks up in June

THE PESO depreciated against the dollar on Thursday as headline inflation for the month of June accelerated to a fresh five-year high.

Peso inches up vs dollar

THE PESO strengthened a tad against the dollar on Wednesday as the market looked ahead to the release of local inflation data as well as the minutes of the US Federal Reserve’s June meeting.

Peso up ahead of inflation report

THE PESO rebounded slightly on Tuesday as the market waits for the release of local inflation data and as the dollar weakened due to positive developments in Germany.

Peso weakens anew on concerns over trade war, positive US data

THE PESO weakened anew on Monday as the dollar strengthened due to lingering trade war concerns and following upbeat personal consumption data in the United States.

Peso seen sideways ahead of data

THE PESO will likely move sideways versus the dollar this week as market players anticipate the release of key economic data in the Philippines and in the United States, searching for hints about future rate decisions from the central banks of these countries.

Peso rebounds amid lingering overseas concerns

THE PESO strengthened versus the dollar on Friday to log its best showing in a week, as market players unwound their long positions and amid disappointing economic data in the United States.

Peso slips to new low

THE PESO weakened anew on Thursday, slipping to a fresh 12-year low, as the dollar went up amid renewed trade war concerns.

Trade gap, inflation to push local currency past P54:$1

THE PESO could weaken further to breach the P54 level against the dollar this year amid a persistent trade gap and faster inflation, analysts at BMI Research said, with recent rate hikes still not enough to keep the currency competitive.

Peso flat on lingering concerns

THE PESO was mostly flat on Wednesday as the dollar weakened due to continued fears over a trade war between the world’s two largest economies.

Peso declines further vs dollar on geopolitical issues abroad

THE PESO slipped further against the dollar on Tuesday amid continued geopolitical concerns abroad.

Peso weakens on US-China trade tensions

THE PESO declined against the dollar on Monday as the market is still concerned over trade tensions between the United States and China.

Peso weakens vs dollar as trade war fears linger

The peso declined against the dollar on Monday, June 25, as the market is still concerned over the trade tensions between the United States...

Peso may consolidate vs dollar

THE PESO is seen to consolidate against the dollar this week due to likely hawkish speeches from some United States central bank officials and following the decision of the local monetary authority to raise interest rates.

Peso rebounds as trade war fears weaken dollar

THE peso rebounded on Friday as the dollar weakened amid continued concerns over the trade dispute between the United States and China.

Peso regains strength amid US-China trade tensions

The peso rebounded on Friday, June 22, as the dollar slid amid continued concerns over the trade spat between the United States and China. The...

Peso edges higher after BSP rate increase

THE PESO strengthened by a tad against the dollar on Thursday following the central bank’s decision to raise interest rates.

Peso strengthens on BSP policy rates decision

The peso strengthened a tad against the dollar on Thursday, June 21, following the local central bank's decision to raise its interest rates. The peso...

Peso weakens anew vs US dollar

THE PESO slid against the dollar on Wednesday as investors remain wary about trade tensions overseas and amid the decision of the local central bank to raise its interest rates.

Peso slides on renewed trade war fears

The peso slid against the dollar anew on Wednesday as investors were still wary about the trade tension overseas amid the decision of the...

Peso rebounds slightly on remittances

THE PESO regained some strength against the dollar on Tuesday on the back of stronger remittances in April.

Peso slumps to hit fresh trough

THE PESO slumped further against the dollar on Monday, hitting a fresh low, as trade tensions between the United States and China continued to worry investors.

Peso to weaken vs dollar

THE PESO is seen to weaken further against the dollar due to renewed tensions between the United States and China as well as expectations of a less hawkish stance from the local central bank.

Peso slips to fresh 12-year low

THE PESO slid to a fresh 12-year low against the dollar on Thursday following the interest rate hike of the US central bank.

Peso weakens to hit P53:$1 level

THE PESO plunged on Wednesday, sinking below the P53-per-dollar line to log a new 12-year low ahead of the policy meeting of the US Federal Reserve.

Peso to extend decline vs dollar

THE PESO will likely weaken against the dollar for the rest of the week as the market awaits the policy meetings of the US Federal Reserve and the European Central Bank (ECB).

Peso drops to near P53:$1 level

THE PESO plunged to a fresh low against the dollar on Monday, closing near P53 due to a wider trade deficit and lower foreign exchange reserves amid geopolitical tensions overseas.

Peso to move sideways vs dollar

THE PESO will likely move sideways against the dollar today amid geopolitical tensions overseas and ahead of the policy meeting of the US central bank.

Peso slumps to fresh low

THE PESO slumped against the dollar on Friday on the back of a wider local trade deficit.