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Peso weakens after Fed minutes

THE PESO slid on Thursday despite the slightly dovish tone of the minutes of the US Federal Reserve’s Sept. 19-20 meeting, with the market buying the...

Peso rebounds ahead of Fed officials’ statements

THE PESO rebounded on Wednesday, as some traders took profit from the previous day’s trough ahead of key speeches and amid repositioning due to...

Peso hits two-month low

THE PESO dropped on Tuesday to close at its worst in nearly two months due to weaker-than-expected data and strong demand for the dollar. The...

Peso slips on mixed US jobs data

THE PESO dipped on Monday as strong US unemployment data revived bets of a December Federal Reserve policy move despite soft non-farm payroll figures. The...

Peso likely to rise on weak US data

THE PESO could appreciate this week as the dollar loses steam on the back of disappointing jobs data in the United States, which could...

Dollar reserves slip in September

By Melissa Luz T. Lopez, Senior Reporter THE country’s international reserves slipped in September on the back of lower gold valuations and as the government...

Peso weakens ahead of US non-farm payrolls data

THE PESO traded weaker against the dollar on Friday amid quiet trading as market players stood cautious ahead of the release of job creation...

Peso slips ahead of jobs report

THE PESO moved sideways versus the dollar yesterday, with market players taking a wait-and-see stance ahead of the release of official jobs data in...

Peso strengthens ahead of Yellen speech, US data

THE PESO appreciated for the second straight session yesterday, supported by strong buying among market players ahead of the release of jobs data in...

Peso rebounds on profit taking

THE PESO posted a slight recovery versus the dollar yesterday, with the sideways move driven by profit taking that lent some support to the...

Peso weakens on Fed rate bets

THE PESO weakened versus the dollar on Monday, moving in sync with regional currencies as higher yields in the United States supported the currency...

Peso expected to weaken this week

THE PESO may weaken this week as markets expect hawkish remarks from US Federal Reserve officials to reinforce a December rate hike despite possible...

Peso rallies on month-end support

By Elijah Joseph C. Tubayan, Reporter THE peso rallied against the dollar on Friday on profit-taking typical of month-end trading, ignoring the upward revision to...

Peso climbs ahead of US GDP growth data

THE PESO inched higher on Thursday as the market saw profit-taking ahead of the release of United States’ gross domestic product (GDP) data. The local...

Peso drops to P51:$1 level anew

THE PESO weakened to drop to the P51-per-dollar level anew on Wednesday, as the US Federal Reserve affirmed its hawkish tone, hinting on another...

How Taiwan’s currency became world’s dullest

FOR A CURRENCY that surged the most in almost a decade in the first quarter of the year, the Taiwan dollar sure has turned...

Peso weakens on geopolitical risk

THE PESO weakened versus the dollar on Tuesday on safe-haven buying amid jitters between the United States and North Korea. The local currency closed at P50.935 against...

Peso inches up against dollar amid quiet trade

THE PESO inched up against the dollar on Monday, as traders await the next move of North Korea amid rising tensions with the United...

Peso seen to depreciate vs US dollar this week

By Melissa Luz T. Lopez, Senior Reporter THE PESO could depreciate versus the dollar this week amid renewed bets of a monetary policy hike in the...

Peso surges amid rising US-North Korea tensions

THE PESO gained strength on Friday to return to the P50 level versus the dollar to its best showing in over a month as...

Peso weakens on Fed

THE PESO weakened anew yesterday to return to the P51 level as hawkish statements from the United States Federal Reserve boosted the dollar. The local...

Peso slips ahead of Fed decision

THE PESO weakened versus the dollar yesterday, with the sideways move ending a two-day rally amid market cautiousness ahead of the results of a...

China’s under-the-radar bond boom may be next risk target as sales...

CHINA’S riskiest borrowers are ramping up sales of short-term dollar debt again, reigniting speculation the authorities will clamp down on what has become a...

Peso climbs to one-week high ahead of Federal Reserve, BSP

THE PESO picked up versus the dollar for the second straight session yesterday to its best showing in over a week, benefiting from risk-on...

A winning bearish dollar bet: local currency emerging market bonds

NEW YORK — One of the best strategies to cash in on the dollar’s slide since Donald Trump’s election victory is a rather exotic...

Peso strengthens on weak key US data

THE PESO gained strength versus the dollar yesterday on the back of weak economic data in the United States, with the sideways move reflecting...

Peso seen sideways on US data

THE PESO may move sideways this week as the expected effect of two hurricanes on the United States could temper potentially hawkish remarks in...

Peso unchanged in choppy trade amid N. Korea tension

THE peso held steady against the dollar even as the greenback surged against the yen as currency traders brushed off the latest missile fired...

Peso back at P51:$1 level

THE PESO dropped to the P51 level anew, as markets expect strong US inflation data that may prompt the Federal Reserve to raise its...

Peso slips ahead of data

THE PESO snapped its week-long rally versus the dollar as it resumed trading yesterday as sentiment towards the United States recovered, and ahead of...

Most Asian currencies weaken as North Korea concerns ease

MOST ASIAN currencies weakened on Tuesday as the US dollar strengthened for a second day as Hurricane Irma proved not as destructive as first...

Peso dips amid lack of fresh leads

THE PESO traded sideways on Monday as it consolidated below P50 trading level amid the lack of fresh leads. The local currency closed at P50.905...

Peso rallies to one-month high

THE PESO sustained its rally on Friday to remain at a one-month high, moving in sync with other Asian currencies as sentiment continued to...

Peso back at P50:$1 level on Federal Reserve hawk’s departure, Canada...

By Melissa Luz T. Lopez, Senior Reporter THE PESO strengthened anew yesterday to log its best showing in a month as the resignation of a Federal...

Peso up on dovish Fed remarks

THE PESO appreciated anew yesterday, reacting to a weaker dollar amid dovish comments from a Federal Reserve official on the next policy moves in...

Peso inches up on inflation data

THE PESO closed barely changed for the third straight session yesterday, picking up slightly as the dollar grew weaker across a host of currencies...

Yuan’s new role as haven is last great hope for dim...

A RECORD RALLY in the offshore yuan is rekindling hope for the dim sum bond market. With China’s currency defying North Korea tensions to be...

Peso ends flat on profit taking

THE PESO moved sideways yesterday amid mixed global developments, which was capped by profit taking as well as quiet trading as financial markets in...

Peso expected to climb on weak US jobs report

THE PESO will likely trade higher against the dollar this week on the back of softer-than-expected US labor data and ahead of the European...

Peso declines further on US GDP data

THE PESO finished the week lower against the dollar yesterday amid a quiet trading session due to upward-revised US economic growth in the second...

Peso slips as market awaits key US data

THE PESO moved sideways yesterday, slipping slightly, as the dollar fetched some gains as sentiment recovered following geopolitical tensions between United States and North...

Peso weakens on risk aversion

THE PESO went down against the dollar on Tuesday due to lack of fresh leads and demand for the safe-haven greenback amid rising geopolitical...

Peso to trade sideways ahead of key US reports

THE PESO will likely trade sideways versus the dollar in the coming days after the much-awaited speeches of central bank officials failed to shed...

Peso weakens in rangebound trade ahead of Fed, ECB remarks

THE peso weakened slightly against the dollar on Friday as market participants adopted a wait-and-see attitude ahead of remarks from central bank officials of...

Peso ends at two-week high

THE PESO strengthened versus the greenback yesterday to log its best showing in nearly two weeks, with dollar inflows and negative remarks by US...