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Peso declines on US-Iran tensions

THE PESO declined against the dollar on Friday, dragged by geopolitical tensions between the United States and Iran.

Far from devalued, euro surges as trade war hits yuan

LONDON — If evidence is needed of how far ripples from the Sino-US trade war are reaching, have a look at Europe where the yuan’s slump is driving up the euro’s value against trade partners’ currencies, handicapping the export-reliant bloc’s economy.

Peso slips on political concerns

THE PESO weakened slightly on Thursday amid ongoing protests in Hong Kong and bets on the United Kingdom’s next prime minister.

Baht, rupee firm; most trade sideways

ASIAN CURRENCIES traded narrowly on Wednesday, with the Thai baht and Indian rupee firming as investors looked to data that could raise prospects of an early cut in US interest rates.

Bump in the night: Foreign currency flash crashes put regulators on...

LONDON/NEW YORK — The increasing frequency of flash crashes in the $5.1 trillion-a-day foreign exchange (FX) market has regulators scrambling for answers.

Peso climbs on US-Mexico deal

THE PESO strengthened on Tuesday as tensions between the United States and Mexico eased following a deal on immigration policies.

Peso declines further vs dollar

THE PESO weakened against the dollar on Monday, tracking regional currencies as the rally in emerging markets (EM) eased following weak China trade data.

Peso to move sideways vs dollar on soft US jobs data,...

THE PESO is seen to move sideways against the dollar this week following weaker-than-expected jobs data in the United States as well as positive developments in Washington’s trade issues.

Peso weakens on foreign selling at stock market

THE PESO weakened versus the dollar on Friday to go back to the P52-per-dollar level after some net foreign selling at the stock market.

Peso climbs on US job growth

THE PESO strengthened a tad to hit a seven-week high as the dollar weakened due to slower employment growth in the United States.

Peso may rise on dovish Fed comments

THE PESO is seen to strengthen against the dollar for the rest of the week following dovish remarks from the US central bank even as local inflation picked up slightly in May.

Peso climbs to six-week high as Fed official hints at cut...

THE PESO strengthened further against the dollar on Wednesday to hit a six-week high as market participants priced in dovish pronouncements from the US central bank.

Peso strengthens to P51:$1 level

THE PESO strengthened against the dollar on Monday, returning to the P51-per-dollar level, as market players await May inflation data.

Peso seen sideways on US-China tensions

THE PESO may move sideways against the dollar this week as market participants will likely flock to safer currencies amid heightened global trade tension.

Philippines, Japan mull peso-yen direct trading

THE PHILIPPINES and Japan are looking at the possibility of setting up a peso-yen direct trading framework in a bid to encourage wider use of both currencies and deepen bilateral ties.

Peso firms after Fitch maintains PHL sovereign rating

THE peso strengthened slightly against the dollar on Friday, as market participants reacted to a recent decision by Fitch Ratings to maintain its credit rating for the Philippines.

Peso rebounds ahead of data on US GDP growth

THE PESO recovered against the dollar on Thursday as market players positioned ahead of US gross domestic product (GDP) growth data released last night.

Peso drops on positive US data

THE PESO declined slightly against the dollar on Wednesday, dragged by upbeat consumer sentiment data in the United States as well as persistent risk-off sentiment due to the trade war between the US and China.

Peso declines further vs dollar on ongoing US-China trade war

THE PESO weakened against the dollar on Tuesday as market players flocked to the greenback for safety amid persistent uncertainty on the trade negotiations between the United States and China.

Peso weakens on profit taking

THE PESO weakened against the dollar on Monday, dragged by profit taking after it hit its support levels intraday.

Peso to move sideways vs dollar

THE PESO will likely move sideways against the dollar this week on the back of a seasonal pickup in remittances as well as uncertainties abroad.

Peso strengthens further ahead of US data, RRR cuts

THE PESO strengthened further against the dollar on Friday ahead of US data and the implementation of the first wave of reductions in banks’ reserve requirement ratios (RRR).

Peso rises slightly on fresh RRR cuts, oil prices

THE PESO strengthened against the greenback on Thursday as global crude oil prices declined and the reduction in smaller banks’ reserve requirement ratio (RRR) announced yesterday.

Peso drops on US-China issues

THE PESO weakened against the dollar on Wednesday as investors flocked to safer currencies following news of possible ban on Chinese firms in the United States.

Peso strengthens further

THE PESO strengthened further against the dollar on Tuesday as the market stayed on the sidelines ahead of the release of the minutes of the US central bank’s latest policy meeting.

Peso rebounds on profit taking

THE PESO recovered a tad against the dollar on Monday as banks pocketed profits amid uncertainties on the trade relations between the United States and China.

Peso to drop on US-China issues

THE PESO is expected to weaken against the dollar this week amid uncertainty over the trade negotiations between the United States and China and following the recent cut in banks’ reserve requirement ratio (RRR).

Peso closes at over seven-week low after RRR cuts

THE peso plunged further against the dollar on Friday to its seven-week low, as market participants responded to the 200-basis-point reduction in the reserve requirement ratio (RRR) for big banks.

Peso weakens ahead of RRR cut

THE PESO declined against the dollar to hit a fresh one-month low as market players awaited the central bank’s decision to trim lenders’ reserve requirement ratio (RRR).

Peso rebounds vs dollar

THE PESO recovered against the dollar yesterday following the upbeat statement of US President Donald J. Trump on its trade negotiations with China that slightly boosted the risk appetite of investors.

Peso at one-month low on US-China trade war

THE PESO plunged to a one-month low against the dollar on Tuesday due to China’s retaliation against the United States’ imposition of increased tariffs on Chinese goods.

Peso likely to strengthen

THE PESO is seen to strengthen against the dollar this week following the continuation of trade negotiations between the United States and China amid increased tariffs on Chinese goods.

Peso strengthens after BSP rate cut

THE PESO strengthened against the greenback on Friday after the central bank cut policy rates amid easing inflation expectations.

Peso weakens on GDP

THE PESO declined further against the dollar on Thursday due to slower-than-expected economic growth data and amid the market’s anticipation of the central bank’s policy decision.

Peso plunges vs dollar

THE PESO plunged against the dollar on Wednesday due to lower-than-expected Philippine trade balance data as well as market caution ahead of key data to be released today.

Peso rises against dollar as inflation slows in April

THE PESO strengthened against the dollar on Tuesday following upbeat inflation data.

Peso weakens as Trump fuels trade woes

THE PESO declined against the dollar on Monday as investors flocked to safer currencies following renewed trade tensions between the United States and China.

Peso likely to strengthen

THE PESO may strengthen this week as investors position ahead of the release of key economic data.

Peso closes slightly higher in rangebound trading ahead of US jobs...

THE peso firmed against the dollar on Friday in quiet trading ahead of the release of US jobs data.

Peso rises on S&P move

THE PESO strengthened against the dollar on Thursday, returning to the P51 level, as the sovereign credit rating upgrade from S&P Global Ratings boosted investor appetite for the local currency.

Peso to climb after S&P upgrade

THE PESO is seen to strengthen against the dollar for the rest of the week, propelled by the sovereign debt rating upgrade from S&P Global Ratings.

Peso ends flat vs dollar ahead of FOMC review

THE PESO closed flat against the dollar on Tuesday after treading a wide range as the market stayed on the sidelines ahead of the US central bank’s policy meeting.

Peso climbs as appetite improves

THE PESO strengthened against the dollar on Monday amid quiet trading as risk appetite increased following strong US economic data released last week.

Peso seen sideways on US data

THE PESO may move sideways against the dollar in the first two days of the week following better-than-expected economic growth data in the United States and the upgrade of a Japanese debt watcher of the country’s rating outlook.

Peso weakens on strong US economic data

THE PESO weakened on Friday due to appetite for the greenback following the release of a strong durable goods report in the United States.