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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.
The peso strengthened against the dollar on Friday, July 20, after the local central bank hinted at another interest rate hike during its next...
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).
THE PESO ended flat against the dollar on Thursday following upbeat US producer price data and renewed trade tensions between China and the US.
THE PESO strengthened a tad against the dollar on Monday following the release of unemployment data in the United States last Friday.
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...
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.
The peso ended flat against the dollar on Friday, July 6, after the release of the minutes of the June meeting of the US...
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.
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.
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.
THE PESO slipped further against the dollar on Tuesday amid continued geopolitical concerns abroad.
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...