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THE peso strengthened further to a fresh one-month high against the dollar following upbeat Chinese trade data.
THE BANGKO SENTRAL ng Pilipinas (BSP) has forged agreements with the central banks of Indonesia, Malaysia and Thailand as they look to set up direct settlement systems across currencies.
THE PESO strengthened versus the dollar on Friday, bolstered by dovish cues from the Bangko Sentral ng Pilipinas (BSP) despite a slower-than-expected March inflation print.
THE PESO strengthened against the dollar on Tuesday amid “quiet” trading as investors continue to wait for local inflation data to be released on Friday.
THE peso strengthened against the dollar on Friday, as investors sought to park their funds in riskier currencies pending the outcome of the United States-China trade negotiations.
THE PESO strengthened against the dollar on Tuesday on the back of profit taking as worries over a possible recession in the United States lingered.
THE PESO dipped against the dollar on Monday dragged by risk off sentiment amid concerns of a slowdown in the global economy.
THE peso declined further against the dollar on Friday, following reports of delays in a meeting between US President Donald J. Trump and Chinese President Xi Jinping.
THE PESO is expected to move sideways against the dollar this week as weaker-than-expected labor data may offset negative sentiment due to increasing signs of slowing global growth.
THE PESO slipped to two-week low versus the dollar on Friday, reeling from negative market sentiment following a dimmer global outlook from the European Central Bank (ECB).
THE peso was flat against the dollar on Friday following stronger-than-expected economic data in the United States, triggering speculation of central bank intervention in the market.
THE PESO strengthened versus the dollar on Friday, buoyed by hawkish comments from a central bank official and offshore inflows ahead of the sale of retail Treasury bonds next week.