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THE peso barely moved against the dollar on Friday as talks between the world’s two biggest economies to finalize their trade deal continued to be uncertain.
THE PESO strengthened on Thursday as markets expected the central bank to keep rates steady at its policy meeting later in the day.
THE peso slightly weakened against the dollar on Friday as markets waited for details of a trade tariff deal between the US and China.
THE PESO weakened against the dollar on Wednesday following its rally amid better-than-expected US data reported late Tuesday.
THE PESO inched higher against the dollar on the back of risk-on sentiment as the first phase of trade negotiations between the United States and China went well, with Beijing vowing to buy $50 billion worth of agricultural products from the world’s largest economy.
THE PESO climbed further on Friday on the back of optimism on a trade deal between the United States and China.
THE PESO ended weaker on Monday due to concerns over weaker-than-expected US non-farm payrolls data released last week.