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THE PESO depreciated versus the greenback on Thursday as the market anticipates a recovery in imports and preference for the dollar following upbeat US economic data.
THE PESO may strengthen versus the dollar this week on market expectations of a continued low interest rate environment following the above-target headline inflation print logged last month.
THE PESO inched up against the greenback on Wednesday amid the push for the urgent passage of a stimulus package in the US and the global vaccination drive.
THE PESO strengthened against the greenback on Wednesday on investor optimism hours ahead of the formal transition to the presidency of Joseph R. Biden, Jr.
THE PESO strengthened against the greenback on Wednesday backed by risk-on sentiment following the extension of key measures for the government's pandemic response as well as a likely Democrat win in the Georgia senatorial runoff elections.
The world’s reserve currency fell on the first trading day of 2021, foreshadowing more losses to come, after a slew of improving Asian manufacturing...
THE peso appreciated further on Monday after another round of stimulus package in the US was signed into law while overseas Filipino workers (OFWs) continue to send remittances during the holidays.
THE PESO is expected to move sideways in the last trading week of 2020 amid the holidays and on expectations that next year’s budget will be signed on Monday.
THE PESO could appreciate against the greenback this week on the back of holiday flows and optimism on the timely passage of the 2021 budget.