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Peso seen weakening on coronavirus outbreak

THE PESO may weaken against the dollar this week, with more infections of coronavirus disease 2019 (COVID-19) reported around the world and amid market volatility due to fears of the outbreak’s economic impact.

Peso strengthens as confidence improves after US stimulus package passes

THE peso strengthened Friday as market sentiment improved following the passage of a substantial US stimulus package as well as policy easing by the Federal Reserve.

Peso gains ground versus dollar on PSEi’s strength, US stimulus

THE PESO appreciated against the greenback on Thursday, reflecting gains in the local stock market and better market sentiment amid measures unveiled by the US government to mitigate the impact of the coronavirus disease 2019 (COVID-19).

Peso weakens versus the dollar as oil prices correct

THE PESO depreciated against the greenback on Wednesday as oil prices corrected and due to dollar demand from corporate clients.

Peso strengthens anew on RRR cut

THE PESO strengthened versus the dollar on Tuesday as the central bank cut banks’ reserve ratio anew and on the US Federal Reserve’s aggressive initiatives to lessen the economic impact of coronavirus disease 2019 (COVID-19).

Peso weakens anew in thin trade due to virus

THE PESO weakened anew against the dollar on Monday amid risk-off sentiment in the market after a stimulus bill to battle the economic impact of the coronavirus disease 2019 (COVID-19) was blocked in the US Senate.

Improved sentiment, lower oil prices to boost peso

THE PESO could find support from better market sentiment this week, as governments around the world announced more measures to help cushion the impact of the coronavirus disease 2019 (COVID-19) pandemic.

Peso returns to P50:$1 level

THE PESO climbed to return to the P50-per-dollar level on Friday after the central bank cut rates as well as some profit-taking.

Peso declines versus dollar ahead of BSP rate decision

THE PESO weakened anew against the greenback on Thursday as players anticipated a rate cut from the central bank and amid risk-off sentiment due to the sell-off in the stock market.

Peso rebounds as governments work to combat COVID-19 impact

THE PESO bounced back on Wednesday after a trading halt on the back of positive market sentiment, with the United States baring fiscal strategies to cushion the impact of the coronavirus disease 2019 (COVID-19) outbreak.

Peso sinks further as coronavirus continues to spread

THE PESO dropped on Monday and settled at the P51-per-dollar level for the second straight day as more investors opted for safer havens amid fears due to the spread of the coronavirus disease 2019 (COVID-19), which has now triggered an “enhanced community quarantine” for the whole of Luzon island.

Peso may depreciate further on virus economic impact worries

THE PESO may continue to depreciate this week due to market worries of the economic impact of the coronavirus disease 2019 (COVID-19) as it continues to spread in the country.

Peso weakens but comes off lows after stocks rebound

THE peso weakened against the dollar Friday as the market absorbed news of the further spread of coronavirus disease (Covid-19) in the Philippines, but came off its lows after a stock market rebound.

Peso sinks on virus fears

THE PESO sank against the greenback on Thursday due to negative investor sentiment as the coronavirus disease 2019 (COVID-19) continues to spread around the world, with the outbreak already declared a pandemic.

Peso weakens slightly as oil prices correct following sharp decline

THE PESO depreciated slightly on Wednesday due to a correction with oil prices, even as it has remained relatively resilient, according to analysts.

Peso climbs vs dollar on positive PHL trade data

THE PESO continued to strengthen against the dollar on Tuesday despite more confirmed cases of the coronavirus disease 2019 (COVID-19) in the country on the back of positive market sentiment due to positive trade data.

Peso climbs as oil prices decline

THE PESO strengthened against the greenback on Monday on the back of lower oil prices, which could mean slower inflation expectations.

Peso seen to weaken further as coronavirus continues to spread

THE PESO may continue to decline this week due to the prolonged coronavirus disease 2019 (COVID-19) outbreak, although it could get some relief from the release of key local and US data.

Peso drops vs dollar on local data

THE PESO succumbed to the dollar’s strength on Friday on data showing a higher unemployment rate and lower-than-expected inflation and the prolonged spread of the coronavirus disease 2019 (COVID-19).

Peso weakens slightly on February inflation report

THE PESO traded sideways on Thursday on slower-than-expected February inflation which could push the central bank to cut rates sooner rather than later.

Peso surges as Fed cuts rates amid COVID-19 fears

THE PESO surged against the dollar on Wednesday after the surprise rate cut from the US Federal Reserve and dovish signals from the Bangko Sentral ng Pilipinas (BSP).

Peso drops on weak data

THE PESO dropped against the greenback on Tuesday amid softer manufacturing data in key markets due to the coronavirus disease 2019 (COVID-19) outbreak and amid hints of possible rate cuts to cushion the impact of the outbreak on the economy.

Peso rebounds vs dollar on positive data, BSP bets

THE PESO rebounded against the dollar following consecutive days of weakness as markets priced in better local manufacturing data and the possibility of another rate cut.

Peso to weaken further on virus

THE PESO may continue to weaken this week with markets following developments related to the spread of the coronavirus disease 2019 (COVID-19) outside China and as they factor in key local data to be released this week.

Peso weakens on further global spread of coronavirus

THE peso weakened against the dollar Friday, reflecting deepening fears about the global impact of the coronavirus disease (Covid-19), which is now spreading rapidly outside its country of origin, China.

Peso rebounds amid virus fears

THE PESO bounced back to the P50-per-dollar level on Thursday despite investors’ flight to safe havens amid the coronavirus disease 2019 (COVID-19) scare.

Peso drops to P51:$1 level on coronavirus

THE PESO succumbed to the P51 level against the greenback on Wednesday as investors continue to prefer safe-haven assets amid fears of a continued rise in cases of the coronavirus disease 2019 (COVID-19) outside China and a sell-off in the local stock market.

Peso to weaken further on risk aversion due to virus outbreak

THE PESO may continue to weaken in the coming days over continued risk aversion in the market due to the spread of the coronavirus disease 2019 (COVID-19) outside China and as markets await the release of key US data.

Peso weakens as COVID-19 spreads

THE PESO depreciated on Monday amid risk-off sentiment in the market after news of the spread of the coronavirus disease 2019 (COVID-19) to other countries in Asia and even in Europe.

Peso to decline due to negative sentiment on coronavirus spread

THE PESO may continue to depreciate on Monday as investors continue to have risk-off sentiment due to more cases of the coronavirus disease 2019 (COVID-19) recorded outside China.

Peso weakens as virus continues to spread

THE PESO weakened versus the dollar on Friday due to market jitters as more coronavirus disease (COVID-19) infections were reported outside China and following the balance of payments (BoP) deficit logged in January.

Peso weakens slightly as coronavirus cases increase

THE PESO slightly weakened on Thursday on risk-off sentiment due to new cases of the coronavirus disease 2019 (COVID-19) outside China and with signals that the US Federal Reserve might not tweak its rates anytime soon.

Peso rebounds vs dollar

THE PESO rebounded on Wednesday after two straight days of decline on the back of profit taking and amid positive sentiment in other Asian markets.

Peso weakens vs dollar

THE PESO weakened against the greenback on Tuesday as investors flocked towards safe-haven assets due to lingering concerns amid the ongoing outbreak of the coronavirus disease 2019 (COVID-19).

Peso inches lower on virus fears

THE PESO traded sideways against the greenback on Monday with the United States on holiday and as the market looked out for developments related to the coronavirus disease 2019 (COVID-19) outbreak.

Peso may weaken anew as virus death toll continues to increase

THE PESO could weaken anew this week following the previous week’s rally, depending on market sentiment on developments in the coronavirus disease 2019 (COVID-19) outbreak.

Peso firms week-on-week after Fitch raises outlook

THE peso weakened to P50.56 to the dollar on Friday, though it rode positive sentiment to strengthen week-on-week after a sovereign credit outlook upgrade by Fitch Ratings to “positive” from “stable.”

Peso rises further against dollar

THE PESO strengthened for the third consecutive day, showing resilience even with more people in China testing positive for the coronavirus disease 2019 (COVID-19) and as agent banks bought up the local currency.

Peso rallies versus dollar

THE PESO rallied versus the greenback on Wednesday on the back of positive market sentiment due to the credit rating outlook upgrade for the country and as investors took in positive remarks from the US Federal Reserve.

Peso climbs versus dollar ahead of Powell testimony

THE PESO strengthened on Tuesday as the market anticipates a dovish US central bank amid risks to the global economy.

Peso weakens anew on fears of growth slowdown due to virus

THE PESO depreciated slightly on Monday following the appreciation of the Chinese yuan and as markets continue to factor in a possible global growth slowdown due to the novel coronavirus outbreak.

Peso to climb further on US, local data

THE PESO is likely to rise this week with the market anticipating better trade deficit data and with the market factoring in the positive US jobs report released late last week.

Peso rises further on rate cut bets

THE PESO strengthened on Friday on prospects of another rate cut this year and amid developments in the trade talks between the world’s two biggest economies.

Peso climbs as equities rebound

THE PESO ended stronger against the greenback on Thursday as global equities and the local stock market continued to recover.

Peso weakens vs dollar

THE PESO weakened on Wednesday with the market factoring in a possible rate cut this Thursday and on expectations of upbeat US non-manufacturing data.