Peso continues to drop
THE PESO weakened further against the dollar on Wednesday ahead of likely upbeat US economic data and following comments from the local central bank’s chief.
Peso weakens ahead of BSP meeting
THE PESO weakened versus the dollar on Thursday ahead of the central bank’s latest policy decision and after the New York City government ordered schools to close again amid rising cases of the coronavirus disease 2019 (COVID-19) there.
Peso inches higher as oil prices drop sharply
THE PESO started the week slightly stronger against the dollar as oil prices hit an 18-year low and despite cautious trading due to market jitters over the enhanced community quarantine in Luzon.
Peso likely to weaken
THE PESO is seen to weaken against the dollar this week following geopolitical tensions between the US and Iran as well as guidance from US Federal Reserve Bank of New York.
Peso weakens vs dollar
THE PESO weakened on Wednesday with the market factoring in a possible rate cut this Thursday and on expectations of upbeat US non-manufacturing data.
Peso rallies versus dollar
THE PESO went up further against the dollar on Monday on the back of positive developments in the US-China trade talks.
Peso rallies to three-year high as US economy contracts
THE PESO logged a fresh three-year high versus the dollar following the US economy’s contraction in the second quarter.
Peso weakens versus the dollar on virus case tally, Q3 GDP contraction
THE PESO weakened versus the dollar on Tuesday as the daily tally of coronavirus disease 2019 (COVID-19) cases increased again and after the government posted a worse-than-expected economic contraction in the third quarter.
Peso climbs on PHL stock market’s gains
THE PESO strengthened against the greenback on Monday following the stock market’s climb and signals of more inclusive policies in the United States to help combat the coronavirus pandemic.
Peso drops on weak data
THE PESO dropped against the greenback on Tuesday amid softer manufacturing data in key markets due to the coronavirus disease 2019 (COVID-19) outbreak and amid hints of possible rate cuts to cushion the impact of the outbreak on the economy.
Peso surges to three-year high
The peso climbed versus the dollar on Friday to its strongest level in over three years on progress in the development of a vaccine...
Peso to strengthen slightly against dollar
THE PESO is expected to strengthen slightly against the dollar this week as it will likely sustain the upward trajectory seen last Friday following the pronouncements of the Bangko Sentral ng Pilipinas (BSP).