Tag: currency

THE PESO recovered on Friday to log its best showing in a week, tracking other currencies in the region that strengthened versus the dollar.

THE PESO is seen to strengthen against the dollar this year propelled by declining crude prices and decelerating domestic inflation, a foreign exchange research firm said.

THE PESO declined against the dollar anew on Thursday following weaker-than-expected Philippine growth data released yesterday.

THE PESO recovered against the dollar on Thursday from a one-month low the previous session following a negative development in US-China trade talks and amid market optimism due ahead of the release of the Philippine economic growth data.

THE PESO declined anew against the dollar on Tuesday, touching the P53-per-dollar level intraday, amid persistent safe-haven demand following the downward revision of the International Monetary Fund’s (IMF) global growth forecast.

THE PESO plunged further against the dollar to a one-month low yesterday, dragged by renewed concerns of a global growth slowdown due to slower Chinese economic growth.

THE PESO will likely weaken a tad against the dollar this week amid mixed geopolitical and economic signals abroad, as investors await the release of gross domestic product (GDP) growth data.

THE peso declined further against the dollar on Friday due to continued concerns over the UK’s exit from the European Union as well as the partial US government shutdown.

THE PESO plunged against the dollar on Thursday from its eight-month highs, as investors cut their short dollar positions amid geopolitical developments in the United Kingdom and the United States.

THE PESO weakened on Wednesday after a plan for the United Kingdom's exit from the European Union was thumbed down, adding more uncertainty to the market.

THE PESO rebounded against the dollar on Tuesday to a fresh eight-month high amid increased risk appetite from investors following the US central bank’s reassurance that it will be patient in hiking interest rates this year.

THE PESO declined against the dollar on Monday as investors pocketed profits following the US inflation data that came out before the weekend.

THE PESO may strengthen further this week as the dollar will likely remain weak due to recent dovish signals from the US Federal Reserve.

THE PESO sustained its rally on Friday to log its best showing in eight months, riding on a weaker dollar due to dovish comments from the US Federal Reserve.

THE PESO strengthened further against the dollar on Thursday to a near eight-month high following the release of the narrower trade deficit data for November.

THE PESO rebounded against the dollar on Wednesday to a fresh one-month high amid better risk appetite from investors on the back of positive developments in the US-China trade talks.

THE PESO slipped against the dollar on Tuesday as market participants await local trade data to be released today and amid risk-off sentiment in the stock market.

THE PESO maintained its strength for a second straight session on Monday, riding on dovish cues from the US Federal Reserve which kept the dollar at bay.

THE PESO is expected to strengthen this week as the dollar declined against the other currencies due to weaker-than-expected economic data as well as declining government bond yields.

THE peso rebounded against the dollar on Friday following the release of weaker-than-expected December inflation data.

THE PESO strengthened against the dollar on Wednesday driven by political and economic developments abroad.

THE PESO is seen to weaken further against the dollar this year as the surge of capital goods to support the infrastructure push of the government is expected to widen the trade deficit.

THE PESO strengthened further on Friday, paring losses in the last trading day of 2018 due to weaker economic data in the United States that kept the dollar on a losing streak.

THE PESO climbed against the dollar on Thursday as banks continued to build their peso holdings ahead of another long holiday break.

THE PESO is seen to strengthen this week amid temporary tightness in liquidity as well as pent-up inflows following the long weekend.

THE peso recovered against the dollar on Friday as banks built up their peso holdings ahead of the holiday break, a high-spending period when peso bills are also in high demand for gift-giving.

THE PESO weakened versus the dollar on Thursday as the US Federal Reserve made hawkish remarks despite expectations of a pause after its interest rate hike.

THE PESO ended flat against the dollar on Wednesday as market participants positioned ahead of the US Federal Reserve policy meeting.

THE PESO continued its decline against the dollar to log a fresh one-month low amid continued risk-off sentiment as market players await the policy decision of the US Federal Reserve.

THE PESO declined to a fresh one-month low against the dollar on Monday as it breached the P53 level intraday due to risk-off sentiment over economic concerns abroad.

THE peso is expected to weaken this week as the dollar will likely strengthen amid safe-haven buying, propelled by expectations of another rate hike from the US Federal Reserve.

THE PESO slipped to a one-month low on Friday, reacting to the central bank’s decision to keep rates steady and as the dollar picked up across the board in reaction to events in China and Europe.

THE PESO continued to strengthen against the dollar on Thursday as market participants awaited the policy decision of the local central bank.

THE PESO strengthened further against the dollar on Wednesday as trading remained volatile amid geopolitical and economic concerns here and abroad.

THE PESO strengthened slightly versus the dollar even as the country posted its widest trade deficit in October.

THE PESO depreciated against the dollar on Monday amid risk-off sentiment and renewed concerns over China-US trade relations.

THE PESO is seen to strengthen against the dollar this week as market players expect the local central bank to keep its policy rates steady during its Dec. 13 policy meeting -- the last for the year.

THE peso strengthened on Friday as the dollar was undermined by weak jobs data and lower global oil prices.

THE PESO extended its drop against the dollar to hit another three-week low, worsened by market jitters over the US-China trade dispute.

THE PESO plunged further against the dollar to hit a three-week low on Wednesday on profit taking amid slower inflation print for last month.

THE PESO declined against the dollar on Tuesday as the market looked ahead to the inflation data to be released today.

THE PESO continued to strengthen versus the dollar on Monday following the positive developments in the G-20 Summit.

THE PESO is expected to strengthen against the dollar this week on the back of potentially softer inflation for November, coupled with mixed developments in the United States as well as a seasonal surge in remittances for the holiday season.

THE PESO strengthened on Thursday as the greenback slid against major and Asian currencies following the dovish speech of US Federal Reserve Chair Jerome Powell.

THE PESO strengthened a tad against the dollar on Wednesday amid large trading volume ahead of the meeting between the US and Chinese leaders.