TEST
Home Tags Currency

Tag: currency

Peso rebounds on Brexit negotiations

THE PESO recovered on Wednesday against the dollar on the back of positive developments in the Brexit negotiations and as remittances from overseas Filipino workers (OFW) rose in August.

Peso weakens anew vs dollar

THE PESO weakened anew against the dollar on Tuesday following reports of China’s plan to send out delegations to the United States to fine-tune the first phase of their trade deal.

Peso inches higher on US-China trade deal

THE PESO inched higher against the dollar on the back of risk-on sentiment as the first phase of trade negotiations between the United States and China went well, with Beijing vowing to buy $50 billion worth of agricultural products from the world’s largest economy.

Peso may climb further on US-China trade talks

THE PESO may climb further on corporate flows and amid continued optimism regarding the trade talks between the United States and China.

Peso strengthens further on hopes of US-China trade deal

THE PESO climbed further on Friday on the back of optimism on a trade deal between the United States and China.

Peso up on trade talks

THE PESO climbed versus the dollar on Thursday as the United States and China restart trade talks and following positive local data.

Peso weakens vs dollar

THE PESO traded sideways on Wednesday as the US widened its trade black list to include Chinese artificial intelligence firms.

Peso climbs on record-high GIR

THE PESO strengthened against the dollar on the back of positive local data and in line with the performance of regional currencies.

Peso weakens versus greenback on US non-farm payrolls report

THE PESO ended weaker on Monday due to concerns over weaker-than-expected US non-farm payrolls data released last week.

Peso may strengthen on weak US economic data

THE PESO may climb further against the dollar as the market continues to price in weak data out of the United States.

Peso climbs further as inflation eases

THE PESO extended its climb on Friday amid slower inflation and bets of another rate cut in the United States.

Peso rebounds on weak US labor data

THE PESO rebounded on Thursday on weak data out of the United States which boosted bets of another rate cut in the world’s largest economy.

Peso inches sideways ahead of inflation data

THE PESO inched sideways against the dollar on Wednesday ahead of the release of September inflation data and following a weak manufacturing report out of the United States.

Peso weakens vs dollar

THE PESO weakened against the dollar amid expectations of easing inflation.

Peso up ahead of US-China talks

THE PESO gained against the dollar on hopes that the United States and China will resolve their trade dispute in talks scheduled this month.

Peso expected to strengthen against dollar

THE PESO could further strengthen against the US dollar this week, on optimism arising from the central bank’s dovish stance after it reduced both policy rates and lenders’ reserve requirement ratio (RRR).

Peso strengthens after BSP cuts rates

THE peso strengthened against the dollar on Friday on positive market sentiment after the Philippine central bank cut benchmark interest rates by 25 basis points.

Peso strengthens on rate cut expectations

THE peso firmed against the US dollar on Thursday, amid market expectations of a policy rate cut.

Peso weakens against dollar on Donald Trump impeachment bid

THE PESO weakened on Wednesday, weighed by political risks arising from the US House of Representatives’ move to open a formal impeachment inquiry against US President Donald J. Trump, causing the market to seek refuge in the safe haven dollar.

Peso up on fresh US-China talks

THE PESO climbed on Wednesday on news of fresh trade talks between the US and China.

Peso weakens vs dollar

THE PESO declined on Monday ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting and amid weak data from large European economies.

Peso to strengthen before BSP review

THE PESO is poised to strengthen further this week as central banks around the world continue to ease monetary policy, with the Bangko Sentral ng Pilipinas (BSP) expected to follow suit in its review this week.

Peso strengthens on rate cut expectations

THE peso appreciated against the dollar on Friday after monetary policy decisions from several central banks this week, including the US Federal Reserve cutting interest rates.

Peso inches up as Fed cuts rates

THE PESO edged up on Thursday on positive sentiment following the US Federal Reserve’s decision to cut benchmark rates anew.

Peso climbs ahead of Fed meet

THE PESO continued to recover on Wednesday on the market’s anticipations of a rate cut by the US Federal Reserve and amid stabilizing oil prices after Saudi reported progress in restoring its oil facility.

Peso inches higher on US-Japan deal, FOMC

THE PESO rose slightly on Tuesday amid optimism on the United States and Japan’s trade pact and ahead of the policy meeting of the US Federal Reserve.

Peso drops on risk-off sentiment after attack on Saudi oil facilities

THE PESO weakened against the dollar as investors flocked to safe havens after an attack on Saudi Arabia’s oil facilities drove up crude prices and worsened tensions between the United States and Iran.

Peso seen sideways ahead of Fed

THE PESO may move sideways this week amid expectations of an interest rate cut by the US Federal Reserve and geopolitical tensions.

Peso inches higher on bets of US-China deal

THE PESO strengthened slightly on Friday on optimism that the US and China will have an interim trade deal by October.

Peso rises as US, China grant trade concessions

THE PESO regained strength against the dollar on the back of market optimism from positive developments in US-China trade relations.

Peso weakens as dollar rebounds vs most units

THE PESO weakened on Wednesday as the dollar regained its dominance across global markets.

Peso weakens on US data bets

THE PESO closed on a weaker note on Tuesday on the back of expectations of upbeat US producer inflation data.

Peso rises versus dollar on US nonfarm payrolls

THE PESO strengthened against the dollar on Monday on weaker-than-expected US jobs data.

Peso strengthens on inflation data

THE peso strengthened against the dollar on Friday after slower-than-expected inflation for August and in line with a market rally in major economies.

Peso slips on rate cut bets as inflation slows

THE PESO weakened on Thursday despite positive developments regarding the US-China trade war and slower Philippine inflation in August.

Peso climbs on US data

THE PESO recovered versus the dollar on Wednesday following the contraction of the US manufacturing index and amid geopolitical concerns.

Peso weakens further on concerns over Brexit, fresh US-China tariffs

THE PESO extended its losing streak on Tuesday on continued US-China trade war jitters paired with Brexit issues looming anew amid election prospects.

Peso weakens as fresh round of US-China tariffs take effect

THE PESO weakened on Monday as the United States and China kicked off a fresh round of tariffs and with the market expecting slower Philippine inflation in August.

Peso strengthens ahead of first round of US tariffs

THE PESO ended stronger on Friday ahead of the first tranche of the planned tariffs by the United States on some Chinese-made goods on Sept. 1.

Peso strengthens on profit taking ahead of likely weak US GDP...

THE PESO finished stronger on Thursday ahead of an expected downward revision in US economic growth data.

Peso down on BSP easing bets

THE PESO edged lower on Wednesday as the Bangko Sentral ng Pilipinas (BSP) chief hinted on another rate cut this year.

Japan closely watching yen moves ‘with urgency’

TOKYO — Japanese Finance Minister Taro Aso said on Tuesday he was monitoring currency moves “with a sense of urgency” after a recent spike in the yen, using a phrase suggesting policy makers’ concern about excessive volatility.

Peso flat amid geopolitical issues

THE PESO ended flat on Tuesday due to uncertainty amid the ongoing US-China trade dispute.

Peso falls ahead of Fed chairman’s speech

THE peso weakened against the dollar on Friday on the back of less dovish remarks by the US Federal Reserve ahead of its chairman’s speech.

Peso inches up ahead of Powell speech

THE PESO moved sideways on Thursday following the release of minutes of the US Federal Reserve’s July meeting and as markets stayed on the sidelines ahead of the US central bank chief’s Jackson Hole speech.