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Peso strengthens on progress in US-China talks

THE PESO appreciated further on Friday on the back of market optimism that a phase one deal with China was already approved by the United States.

Peso up on Fed, BSP decisions

THE PESO strengthened against the greenback on Thursday after both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) decided to maintain key policy rates.

Peso weakens on US-China issues

THE PESO weakened against the dollar on Wednesday due to mixed signals from the US and China on the new set of tariffs on Chinese goods set to take effect this month.

Peso climbs ahead of US data

THE PESO appreciated on Tuesday ahead of US inflation data and amid positive signals regarding the US-China trade war.

Peso ends flat vs dollar ahead of BSP policy meeting

THE PESO moved sideways on Monday following the latest round of cuts to banks’ reserve requirement ratios (RRR) and as markets await the Bangko Sentral ng Pilipinas’ (BSP) monetary policy decision.

Peso may strengthen on trade data, BSP decision

THE PESO may strengthen this week as the market awaits the release of local trade data as well as the possibility of a final round of easing at the central bank’s last policy meeting for this year, which happens this week.

Peso continues rally against dollar

THE peso continued to rally against the dollar on Friday on positive market sentiment about inflation.

Peso rebounds on inflation, US-China trade talks

THE PESO regained its strength versus the dollar on Thursday as markets picked up a sense of optimism that trade talks between the US and China are still in progress despite the situation in some of China’s territories and following data showing manageable inflation in November.

Peso down on trade deal issues

THE PESO weakened to the P51-per-dollar level anew on Wednesday following US President Donald J. Trump’s statement on Tuesday that he has “no deadline” for a phase one deal with China amid their ongoing trade war.

Peso climbs vs dollar on weak US data

THE PESO bounced back on Tuesday after sinking to the P51-per-dollar level on Monday, with the market pricing in unexpectedly weaker US manufacturing data for November.

Peso sinks back to P51:$1 level

THE PESO depreciated on Monday, returning to the P51-per-dollar mark, due to strong demand for the dollar and amid expectations of better US manufacturing data.

Peso may strengthen vs dollar on remittances, inflation data

THE PESO could strengthen this week on the back of support from continued remittance inflows this month.

Peso weakens as China warns US of action on Hong Kong...

THE PESO depreciated anew on Friday as China threatened to impose countermeasures after the US passed a bill in support of Hong Kong.

Peso climbs versus dollar

THE PESO strengthened on Thursday amid risk-on sentiment following the passage of a US legislation supportive of Hong Kong’s autonomy.

Peso climbs on US-China deal progress

THE PESO strengthened on Wednesday as US President Donald J. Trump said Washington’s “phase one” trade deal with China is inching closer to completion.

Peso drops as BSP chief says another cut possible

THE PESO depreciated on Tuesday due to developments in the US-China trade negotiations, as well as comments from Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno that a rate cut is still possible within the year.

Peso strengthens on prospects of US-China deal

THE PESO appreciated on Monday on the back of positive developments in the US-China trade talks as well as US manufacturing data.

Peso likely to strengthen further amid inflow of OFW remittances

THE PESO may strengthen further this week as the inflow of remittances due to the upcoming holiday season support the currency.

Peso barely moves after unclear US-China dialogues

THE peso barely moved against the dollar on Friday as talks between the world’s two biggest economies to finalize their trade deal continued to be uncertain.

Peso flat as US-China deal in limbo

THE PESO closed sideways on Thursday with new uncertainties in the US-China trade deal as US legislators pass bills to support Hong Kong protesters’ human rights.

Peso rebounds vs dollar ahead of US Fed minutes

THE PESO recovered on Wednesday as markets went profit taking before the policy minutes from the US Federal Reserve.

Peso weakens vs dollar

THE PESO succumbed to the dollar on Tuesday amid the lack of clarity on a final trade deal between the world’s top two economies.

Peso inches lower amid cautious trade

THE PESO moved sideways as it traded within a tight range yesterday with the market staying on the sidelines, anticipating central bank developments overseas.

Peso to rally on revived US-China trade hopes

THE PESO is poised to appreciate this week on renewed hopes that US and China will be able to hammer out a “phase one” trade deal.

Peso inches higher on dovish Fed

THE PESO moved sideways on Friday as the US Federal Reserve hinted it is done with rate cuts for the year and as the market looked for more solid developments in the US-China trade talks.

Peso strengthens as BSP keeps interest rates steady

THE PESO strengthened on Thursday as markets expected the central bank to keep rates steady at its policy meeting later in the day.

Peso drops on tensions

THE PESO weakened on Wednesday amid worsening political tensions in Hong Kong and negative developments in the US-China trade negotiations.

Peso rebounds against dollar

THE PESO bounced back on Tuesday as the market took a wait-and-see approach amid global trade uncertainties and a possible pause in the central bank’s monetary policy.

Peso plunges on geopolitical concerns

THE PESO plunged on Monday due the escalating tensions in Hong Kong, negative developments in the US-China trade war, as well as the continued decrease in inflows of foreign direct investments (FDI) into the Philippines.

Peso to strengthen as BSP halts easing cycle

THE PESO is seen to climb this week on the back of local economic data coming up and signals of a pause in monetary easing from the central bank.

Peso barely moves as market waited for US-China deal

THE peso slightly weakened against the dollar on Friday as markets waited for details of a trade tariff deal between the US and China.

Peso strengthens on GDP data

THE PESO strengthened against the dollar on Wednesday on the back of the rebound in economic growth as well as the growth in gross international reserves (GIR).

Peso weakens against the dollar on US non-manufacturing data

THE PESO weakened against the dollar on Wednesday following its rally amid better-than-expected US data reported late Tuesday.

Peso extends climb as inflation eases

THE PESO rallied further on Tuesday as inflation eased to a three-year low in October.

Peso rallies on US-China talks

THE PESO CONTINUED to strengthen against the dollar on Monday on the back of optimism on a US-China trade deal.

Peso to climb on inflation, GDP

THE PESO may strengthen this week on the back of expectations of lower inflation and faster economic growth.

Peso strengthens to one-year high

THE PESO closed at its best level in more than a year on Thursday as the US Federal Reserve cut rates and following weak US economic data.

Peso strengthens on Fed rate-cut prospect

THE PESO rallied against the dollar on Wednesday amid market expectations of another rate cut by the US Federal Reserve, whose members were set to decide on policy hours later.

Peso ends flat vs dollar

THE PESO moved sideways against the dollar on Tuesday on bargain hunting as the local unit approached the P51 level.

Peso edges higher ahead of Fed

THE PESO moved sideways against the dollar on Monday as the market awaits the US Federal Reserve’s meeting this week, as well as positive developments in the US-China trade talks.

Peso to strengthen ahead of Fed policy meeting

THE PESO may strengthen this week on expectations of another rate cut from the US Federal Reserve and amid the ongoing US-China and Brexit talks.

Peso rises after RRR cuts

THE PESO strengthened on Friday on the back of a fresh reserve requirement ratio (RRR) cut announced by the central bank, as well as risk-on sentiment due to an unclear Brexit, which supported currencies in emerging markets.

Peso weakens anew versus dollar

THE PESO weakened on Thursday due to risk-off sentiment arising from geopolitical tensions in Hong Kong and Europe.

Peso up on Brexit delay

THE PESO rallied against the dollar on Wednesday with risk-on sentiment in the market rising, as another delay in Britain’s exit from the European Union looms.

Peso weakens on profit taking

THE PESO slipped versus the dollar on Tuesday as the market pocketed gains from its recent rally.