Home Tags Peso

Tag: peso

Peso likely to weaken

THE PESO is seen to weaken against the dollar this week following geopolitical tensions between the US and Iran as well as guidance from US Federal Reserve Bank of New York.

Peso weakens on dovish Fed comments

THE PESO weakened against the dollar on Friday as the market positioned following dovish pronouncements from a US Federal Reserve official and ahead of the release of US data on consumer confidence.

Peso rebounds vs dollar

THE PESO recovered against the dollar on Thursday as the market consolidated due to a lack of fresh leads.

Peso plunges on strong US data

THE PESO plunged against the dollar on Wednesday, dragged by reduced expectations of a rate cut by the US Federal Reserve due to upbeat June US retail sales data.

Peso strengthens to P50:$1 level ahead of key US economic data

THE PESO continued to strengthen against the dollar on Tuesday to hit a new high on the back of profit taking ahead of the release of some US economic data.

Peso climbs to new high as markets eye rate cuts

THE PESO strengthened against the dollar to hit a fresh high on the back of continued bets of monetary policy easing by the US Federal Reserve.

Peso seen to strengthen on bets of policy easing

THE PESO will likely strengthen against the dollar this week on bets of monetary policy easing by the US central bank.

Peso continues rally vs dollar

THE peso continued to rally against the dollar on Friday amid lingering expectations of a rate cut by the U.S. Federal Reserve.

Peso up on Powell speech

THE PESO recovered sharply against the dollar on Thursday on the back of dovish remarks from US Federal Reserve chair Jerome Powell.

Peso weakens vs dollar as eyes turn to Powell

THE PESO SLID against the dollar on Wednesday following dovish remarks from Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno.

Peso inches up as market awaits Powell’s US Congress testimony

THE PESO gained a tad against the dollar on Tuesday as it moved sideways ahead of the testimony of Federal Reserve chair Jerome Powell before the US Congress.

Peso weakens vs dollar due to positive US data

THE PESO dropped against the dollar on Monday, dragged by better-than-expected jobs data in the United States.

Peso to strengthen vs greenback

THE PESO will likely strengthen against the dollar this week following the slower domestic inflation print in June.

Reserves climb for eighth straight month in June

GROSS international reserves climbed for the eighth straight month in June, the central bank reported Friday.

Peso weakens ahead of US jobs data

THE PESO declined against the dollar on Friday as the currency continued to trade sideways ahead of the release of jobs data in the United States.

Peso rises anew vs dollar

THE PESO strengthened against the dollar on Thursday on the back of weak economic data in the United States.

Peso weakens further

THE PESO weakened further against the dollar on Wednesday as market participants await economic data to be released later this week.

Peso declines against dollar ahead of key economic data

THE PESO weakened slightly against the dollar on Tuesday amid market uncertainty ahead of key economic data releases here and in the United States.

Peso appreciation to slow in the near term ahead of BSP...

THE PESO is seen to strengthen at a slower pace over the near term as market optimism on cooling US-China trade tensions fades and ahead of further monetary easing by the local central bank, Fitch Solutions said.

Peso hits new one-year high on US-China truce

THE PESO strengthened further against the dollar to hit a fresh one-year high amid market optimism driven by positive developments in US-China trade relations.

Peso rises on expected Fed easing, trade deal prospects

THE peso strengthened Friday ahead of an expected cut in Fed policy rates and amid positive sentiment generated by the G20 meeting.

Peso rises anew

THE PESO climbed against the dollar anew to hit a fresh one-year peak, driven by market optimism on China and the United States striking a trade deal.

Peso weakens on Fed remarks

THE PESO weakened against the dollar following less dovish remarks from US central bank officials.

Peso rises further versus dollar as US imposes new sanctions on...

THE PESO rose further to hit a fresh one-year high on Tuesday as the dollar remained weak due to tensions between the United States and Iran.

Peso climbs to new one-year high

THE PESO strengthened further against the dollar to hit a fresh one-year high on market optimism ahead of the trade negotiations between the United States and China.

Peso to rise further on US-China

THE PESO will likely strengthen against the dollar this week, as market players await the trade meeting between the United States and China.

Peso strengthens to one-year peak

THE PESO strengthened further against the dollar on Friday to hit a one-year high after the central bank kept interest rates unchanged.

Peso climbs to two-month high as Federal Reserve signals cuts

THE PESO strengthened further against the dollar on Thursday to hit a fresh two-month high, as risk appetite improved following the dovish statement of the US Federal Reserve.

Peso climbs further ahead of Fed

THE PESO strengthened further against the dollar on Wednesday as market players waited for the results of the US central bank’s policy meeting.

Peso rebounds to P51:$1 level

THE PESO recovered against the dollar on Tuesday to return to the P51 level as market participants took profit ahead of the policy meeting of the US central bank.

Peso drops vs dollar on positive US data

THE PESO weakened against the dollar on Monday following the release of strong US retail sales and weaker-than-expected remittances from overseas Filipinos.

Peso seen steady as mart awaits Fed, BSP reviews

THE PESO is expected to be broadly steady this week ahead of the policy meetings of the local and US central banks and as global crude oil prices stay within four-month lows despite growing tensions in the Middle East.

Peso declines on US-Iran tensions

THE PESO declined against the dollar on Friday, dragged by geopolitical tensions between the United States and Iran.

Peso slips on political concerns

THE PESO weakened slightly on Thursday amid ongoing protests in Hong Kong and bets on the United Kingdom’s next prime minister.

Peso climbs on US-Mexico deal

THE PESO strengthened on Tuesday as tensions between the United States and Mexico eased following a deal on immigration policies.

Peso declines further vs dollar

THE PESO weakened against the dollar on Monday, tracking regional currencies as the rally in emerging markets (EM) eased following weak China trade data.

Peso to move sideways vs dollar on soft US jobs data,...

THE PESO is seen to move sideways against the dollar this week following weaker-than-expected jobs data in the United States as well as positive developments in Washington’s trade issues.

Peso weakens on foreign selling at stock market

THE PESO weakened versus the dollar on Friday to go back to the P52-per-dollar level after some net foreign selling at the stock market.

Peso climbs on US job growth

THE PESO strengthened a tad to hit a seven-week high as the dollar weakened due to slower employment growth in the United States.

Peso may rise on dovish Fed comments

THE PESO is seen to strengthen against the dollar for the rest of the week following dovish remarks from the US central bank even as local inflation picked up slightly in May.

Peso climbs to six-week high as Fed official hints at cut...

THE PESO strengthened further against the dollar on Wednesday to hit a six-week high as market participants priced in dovish pronouncements from the US central bank.

Peso strengthens to P51:$1 level

THE PESO strengthened against the dollar on Monday, returning to the P51-per-dollar level, as market players await May inflation data.

Peso seen sideways on US-China tensions

THE PESO may move sideways against the dollar this week as market participants will likely flock to safer currencies amid heightened global trade tension.

Peso firms after Fitch maintains PHL sovereign rating

THE peso strengthened slightly against the dollar on Friday, as market participants reacted to a recent decision by Fitch Ratings to maintain its credit rating for the Philippines.

Peso rebounds ahead of data on US GDP growth

THE PESO recovered against the dollar on Thursday as market players positioned ahead of US gross domestic product (GDP) growth data released last night.