Tag: peso
Who’s Afraid of a Weak Peso?
Once upon a time, I was a co-panelist of Mr. Ronnie Concepcion in a program hosted by Ms. Kris Aquino. I don’t remember what...
Peso surges amid rising US-North Korea tensions
THE PESO gained strength on Friday to return to the P50 level versus the dollar to its best showing in over a month as...
Peso weakens on Fed
THE PESO weakened anew yesterday to return to the P51 level as hawkish statements from the United States Federal Reserve boosted the dollar.
The local...
Peso slips ahead of Fed decision
THE PESO weakened versus the dollar yesterday, with the sideways move ending a two-day rally amid market cautiousness ahead of the results of a...
Peso climbs to one-week high ahead of Federal Reserve, BSP
THE PESO picked up versus the dollar for the second straight session yesterday to its best showing in over a week, benefiting from risk-on...
Peso strengthens on weak key US data
THE PESO gained strength versus the dollar yesterday on the back of weak economic data in the United States, with the sideways move reflecting...
Peso seen sideways on US data
THE PESO may move sideways this week as the expected effect of two hurricanes on the United States could temper potentially hawkish remarks in...
Weaker peso forces Manila Water, Maynilad to raise water tariff
By Victor V. Saulon, Sub-Editor
MANILA Water Co. and Maynilad Water Services, Inc. will be raising water rates for the fourth quarter of the year...
Peso unchanged in choppy trade amid N. Korea tension
THE peso held steady against the dollar even as the greenback surged against the yen as currency traders brushed off the latest missile fired...
Peso back at P51:$1 level
THE PESO dropped to the P51 level anew, as markets expect strong US inflation data that may prompt the Federal Reserve to raise its...
Peso slips ahead of data
THE PESO snapped its week-long rally versus the dollar as it resumed trading yesterday as sentiment towards the United States recovered, and ahead of...
Peso dips amid lack of fresh leads
THE PESO traded sideways on Monday as it consolidated below P50 trading level amid the lack of fresh leads.
The local currency closed at P50.905...
Peso rallies to one-month high
THE PESO sustained its rally on Friday to remain at a one-month high, moving in sync with other Asian currencies as sentiment continued to...
Peso back at P50:$1 level on Federal Reserve hawk’s departure, Canada...
By Melissa Luz T. Lopez,
Senior Reporter
THE PESO strengthened anew yesterday to log its best showing in a month as the resignation of a Federal...
Peso up on dovish Fed remarks
THE PESO appreciated anew yesterday, reacting to a weaker dollar amid dovish comments from a Federal Reserve official on the next policy moves in...
Peso inches up on inflation data
THE PESO closed barely changed for the third straight session yesterday, picking up slightly as the dollar grew weaker across a host of currencies...
Peso ends flat on profit taking
THE PESO moved sideways yesterday amid mixed global developments, which was capped by profit taking as well as quiet trading as financial markets in...
Peso expected to climb on weak US jobs report
THE PESO will likely trade higher against the dollar this week on the back of softer-than-expected US labor data and ahead of the European...
Peso declines further on US GDP data
THE PESO finished the week lower against the dollar yesterday amid a quiet trading session due to upward-revised US economic growth in the second...
Peso slips as market awaits key US data
THE PESO moved sideways yesterday, slipping slightly, as the dollar fetched some gains as sentiment recovered following geopolitical tensions between United States and North...
Peso weakens on risk aversion
THE PESO went down against the dollar on Tuesday due to lack of fresh leads and demand for the safe-haven greenback amid rising geopolitical...
Peso to trade sideways ahead of key US reports
THE PESO will likely trade sideways versus the dollar in the coming days after the much-awaited speeches of central bank officials failed to shed...
Peso weakens in rangebound trade ahead of Fed, ECB remarks
THE peso weakened slightly against the dollar on Friday as market participants adopted a wait-and-see attitude ahead of remarks from central bank officials of...
Peso ends at two-week high
THE PESO strengthened versus the greenback yesterday to log its best showing in nearly two weeks, with dollar inflows and negative remarks by US...
Peso continues to climb
THE PESO continued to strengthen against the dollar on Wednesday ahead of the Jackson Hole Economic Policy Symposium amid the absence of catalysts offshore and at...
Peso climbs on BSP intervention
THE PESO started the week stronger versus the greenback, erasing a near 11-year low logged the previous session, after it tracked regional peers and...
Peso seen sideways ahead of US reports
THE PESO will likely trade sideways versus the greenback this week amid geopolitical noise offshore and bets of softer key US economic reports.
The peso...
Peso sinks to fresh trough on dollar demand, geopolitical concerns
THE PESO finished the week at a new low against the dollar on the back of strong corporate demand, with zero signs of intervention...
Peso slips to fresh low
THE PESO slipped to another near 11-year low amid strong appetite for the dollar intraday despite upbeat Philippine economic growth data and dovish minutes...
Peso slips ahead of GDP report
THE PESO ended almost flat versus the dollar on Wednesday but still logged another near 11-year low due to domestic corporate demand and ahead...
Central bank likely to hike rates within 2017 as inflation picks...
By Melissa Luz T. Lopez,
Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) will still have to raise interest rates by yearend to keep up with...
‘Imbalances’ to weigh on peso, prod monetary policy tightening
THE CENTRAL BANK will have to raise policy rates to contain rapid credit growth and a widening trade deficit in order to ease the...
Peso ends at P51:$1 level despite BSP call for calm
THE PESO started the week at a near 11-year low, closing at the P51-per-dollar level, due to negative market sentiment amid heightened political tensions...
Peso seen sideways ahead of Fed
THE PESO may trade sideways against the greenback this week on the back of softer US inflation as well as bets of upbeat key...
Peso closes at nearly 11-year low on Korea tensions
THE PESO closed lower against the dollar on Friday, breaching the P51-to-the-dollar level intraday, amid escalating tensions between the United States and North Korea.
The...
Peso sinks to three-week low on Fed bets
THE PESO continued to slump against the greenback on Thursday, hitting a three-week low, amid investor appetite for the dollar and stronger bets of...
Peso drops on US, North Korea tensions
THE PESO continued to weaken versus the dollar on Wednesday following a sell-off on the back of upbeat US labor data as well as...
Peso weakens further
THE PESO continued to slump against the greenback amid strong appetite for the dollar on the back of positive sentiment from upbeat key US...
Peso down on strong jobs data
THE PESO weakened versus the dollar yesterday due to better-than-expected jobs data in the United States, as market players anticipated fresh hints from the...
Peso climbs ahead of US jobs data
THE PESO strengthened against the dollar on Friday as investors turned cautious ahead of the release of US non-farm payrolls data.
The local unit closed...
Peso slips ahead of US jobs data
THE PESO finished almost flat versus the dollar on Wednesday amid consolidation and profit taking, with investors on a wait-and-see mode ahead of key...
Peso climbs to five-week high
THE PESO continued to gain against the greenback on Tuesday to hit its strongest level in more than a month on the back of...
Peso rises ahead of US payrolls report
THE PESO opened the week higher versus the dollar ahead of key US labor data to be released on Friday and as investors focused...
Peso to weaken after strong US GDP data
THE PESO may move sideways versus the dollar this week after the US economy grew faster in the second quarter and amid bets of...
Peso flat amid dollar weakness; awaiting US GDP data
THE PESO ended the week little changed in quiet trading and as global markets await the release of key US economic data, traders said.
The...
