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Peso up on ‘hot money’ data

THE PESO strengthened slightly versus the dollar on Thursday following the release of data showing net hot money inflows in October.

Peso inches up vs dollar as Biden begins transition

THE PESO inched up versus the dollar on Wednesday after US President-elect Joseph R. Biden, Jr. started his formal transition to the White House and amid the race for the development of a vaccine against the coronavirus disease 2019 (COVID-19).

Peso strengthens on vaccine news

THE PESO strengthened versus the dollar on Tuesday after drug firm AstraZeneca and its partner University of Oxford claimed their vaccine can be 90% effective.

Peso rises on BSP decision, vaccine hopes

THE PESO strengthened versus the dollar on Monday after the central bank’s decision to cut rates and on the continued progress in vaccine candidates against the coronavirus disease 2019 (COVID-19).

Peso may climb vs the dollar on BSP easing, vaccine news

THE PESO may strengthen against the dollar this week after the central bank cut borrowing costs anew and on continued progress in trials for coronavirus disease 2019 (COVID-19) vaccine candidates.

Peso weakens ahead of BSP meeting

THE PESO weakened versus the dollar on Thursday ahead of the central bank’s latest policy decision and after the New York City government ordered schools to close again amid rising cases of the coronavirus disease 2019 (COVID-19) there.

Peso climbs vs dollar on US data

THE PESO rebounded against the dollar on Wednesday as drug firms in the United States race to launch vaccines against the coronavirus disease 2019 (COVID-19) and after US retail sales grew slower than expected in October.

Peso drops vs dollar on news of vaccine progress

THE PESO weakened versus the dollar on Tuesday despite news of progress in vaccine candidates against the coronavirus disease 2019 (COVID-19) and amid bargain hunting in the local stock market.

Peso inches lower vs the dollar as pandemic clouds US outlook

THE PESO weakened slightly versus the dollar on Monday following the release of latest remittances data and amid worries over the long-term impact of the coronavirus disease 2019 (COVID-19) pandemic on the United States economy.

Peso to climb further vs dollar ahead of remittances, BoP data

THE PESO may strengthen versus the dollar this week as coronavirus cases in the country continue to decline and ahead of the release of latest data on overseas Filipino workers’ (OFW) remittances and the country’s balance of payments (BoP) position.

Peso ends flat vs dollar

THE PESO was flat versus the dollar on Wednesday as the growth of domestic liquidity and bank lending eased in September and amid developments in trials of vaccines for the coronavirus disease 2019 (COVID-19).

Peso weakens versus the dollar on virus case tally, Q3 GDP...

THE PESO weakened versus the dollar on Tuesday as the daily tally of coronavirus disease 2019 (COVID-19) cases increased again and after the government posted a worse-than-expected economic contraction in the third quarter.

Peso climbs versus the dollar ahead of GDP data

THE PESO strengthened versus the dollar on Monday as the market expects the economy to have rebounded in the third quarter from its double-digit contraction in the April to June period.

Peso may rise on US vote results

THE PESO may climb further versus the dollar this week as the market expects a further decline in cases of the coronavirus disease 2019 and after the Democratic Party’s Joseph R. Biden, Jr. was projected to be the new 46th president of the United States.

Inflation data lift peso

THE PESO strengthened versus the dollar on Thursday as inflation inched up in October and amid early results of the United States presidential election.

Peso nearly flat vs dollar on election

THE PESO inched up versus the dollar on Wednesday on data showing the country’s trade deficit narrowed in September and amid uncertainties on the results of the presidential election in the United States.

Peso slips as data show contraction in manufacturing activity

THE PESO slipped versus the dollar on Tuesday on data showing the manufacturing industry contracted in October and ahead of the results of the presidential election in the United States.

FX markets to remain net short US dollar after election —...

BENGALURU — Bets against the US dollar were expected to linger or even increase in the immediate aftermath of the Nov. 3 presidential election,...

Peso to rise ahead of US vote, local data

THE PESO may strengthen this week as the market monitors the US presidential election and local trade and inflation data.

Peso weakens versus the dollar on higher foreign external debt

THE PESO weakened slightly versus the dollar on Thursday on data showing increased borrowings from the foreign market and as coronavirus cases in the United States increased.

Peso ends flat against the dollar on uncertainty over US stimulus

THE PESO was steady versus the dollar on Wednesday after the House of Representatives transmitted the 2021 national budget bill to the Senate and amid further delays in the passage of a stimulus measure in the United States.

Peso climbs on BoP surplus, vaccine news

THE PESO strengthened against the dollar on Tuesday as the country logged a balance of payments (BoP) surplus last month and on news that patients in the clinical trials of drug company AstraZeneca Plc showed a positive response to its coronavirus vaccines.

Peso strengthens further vs dollar on vaccine hopes

THE PESO strengthened versus the dollar on Monday as the country continued to record fewer cases of the coronavirus disease 2019 (COVID-19) and amid hopes for a vaccine availability in the United States by next month.

Peso likely to rise on fewer virus cases

THE PESO may continue climbing versus the dollar this week as the economy further reopens due to expectations of fewer cases of the coronavirus disease 2019 (COVID-19) in the country and strong liquidity.

COVID crisis strengthens US dollar’s role in global economy

Philippine and Indonesian companies have each sold more dollar bonds in 2020 than in any past full year. Overseas borrowers have flocked to the dollar...

Peso strengthens as US officials continue talks on fresh stimulus

THE PESO strengthened against the dollar on Wednesday as the United States government continues talks on a fresh stimulus to boost activity in the world’s largest economy amid the ongoing coronavirus pandemic.

Peso drops vs dollar as virus spreads in the US

THE PESO weakened versus the dollar on Tuesday as coronavirus disease 2019 (COVID-19) cases increased in the United States and after Metro Manila mayors recommended keeping current restrictions for the rest of the year.

Peso climbs on eased public transportation rules, US stimulus talks

THE PESO strengthened on Monday after the government eased public transportation rules within Metro Manila and as opposition lawmakers in the United States said they expect a deal on a fresh stimulus fund by this week.

Peso expected to rise on eased quarantine rules

THE PESO may strengthen this week following the passage of the 2021 national budget and the easing of quarantine measures in the country.

Peso drops further vs dollar on delayed passage of US stimulus

THE PESO extended its decline versus the dollar on Thursday after the US Treasury said the passage of a stimulus may be delayed further.

Peso weakens as US Senate sets vote on stimulus

THE PESO weakened further on Wednesday as the market waits for the House’s approval of the 2021 national budget and after lawmakers in the United States rejected a proposal for a fresh stimulus fund amid the coronavirus pandemic.

Peso declines further on budget, US stimulus talks

THE PESO weakened further on Tuesday as Congress continued deliberations on the 2021 national budget and amid prolonged talks in the United States on an economic stimulus program amid the coronavirus pandemic.

Peso weakens as market awaits 2021 budget approval

THE PESO weakened against the dollar on Monday as the market waits for developments in the 2021 national budget deliberations and amid stimulus hopes in the United States.

Peso to strengthen further this week as budget concerns ease

THE PESO may rise further this week as the market anticipates progress in the 2021 national budget deliberations.

Peso climbs on stimulus hopes

THE PESO rebounded on Thursday as sentiment improved following progress on a vaccine against the coronavirus disease 2019 and a fresh economic stimulus fund in the United States.

Peso slips as House suspends session amid row

THE PESO inched down on Wednesday after lawmakers suspended their session earlier than planned amid a speakership row and as the planned US stimulus fund faces another delay.

Peso strengthens as inflation slowed in September

THE PESO further strengthened on Tuesday following slower inflation for September and hopes of a deal on a stimulus fund in the United States meant to combat the economic impact of the coronavirus disease 2019 (COVID-19).

Dollar’s strength to be short-lived; volatility and weakness ahead

BENGALURU — The recent surge in the US dollar will last less than three months, according to a majority of foreign exchange strategists polled by Reuters who said the greenback would have a roller coaster ride in the run-up to the US presidential election.

Peso inches up vs dollar

THE PESO strengthened on Monday on expectations of slower inflation last month and following tepid manufacturing data from the United States.

Peso set to climb ahead of inflation, trade data

THE PESO is expected to strengthen this week ahead of the release of local inflation and trade data.

Peso strengthens further ahead of BSP policy decision

THE PESO strengthened further on Thursday as the market expected the central bank to keep rates steady at its policy meeting set to conclude later in the day.

Peso inches up versus the dollar on eased lockdown

THE PESO inched up versus the dollar on Wednesday amid the extended implementation of the general community quarantine in Metro Manila and expectations the central bank will keep rates unchanged at its meeting today (Oct. 1).

Peso set for best quarterly performance in a decade

The Philippine peso is heading for its biggest quarterly gain in a decade and still has scope to appreciate due to positive fund flows,...

Peso inches higher on US stimulus, extension of lockdown measures

THE PESO inched up Tuesday as the government extended current quarantine measures in Metro Manila for another month and after the US government renewed talks on a stimulus package.

Peso weakens ahead of new quarantine measures

THE PESO weakened on Monday as the market waits for the government’s announcement of quarantine measures for next month.