Tag: peso

THE PESO plunged on Monday due the escalating tensions in Hong Kong, negative developments in the US-China trade war, as well as the continued decrease in inflows of foreign direct investments (FDI) into the Philippines.

THE PESO is seen to climb this week on the back of local economic data coming up and signals of a pause in monetary easing from the central bank.

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 strengthened against the dollar on Wednesday on the back of the rebound in economic growth as well as the growth in gross international reserves (GIR).

THE PESO weakened against the dollar on Wednesday following its rally amid better-than-expected US data reported late Tuesday.

THE PESO rallied further on Tuesday as inflation eased to a three-year low in October.

THE PESO CONTINUED to strengthen against the dollar on Monday on the back of optimism on a US-China trade deal.

THE PESO may strengthen this week on the back of expectations of lower inflation and faster economic growth.

THE PESO closed at its best level in more than a year on Thursday as the US Federal Reserve cut rates and following weak US economic data.

THE PESO rallied against the dollar on Wednesday amid market expectations of another rate cut by the US Federal Reserve, whose members were set to decide on policy hours later.

THE PESO moved sideways against the dollar on Tuesday on bargain hunting as the local unit approached the P51 level.

THE PESO moved sideways against the dollar on Monday as the market awaits the US Federal Reserve’s meeting this week, as well as positive developments in the US-China trade talks.

THE PESO may strengthen this week on expectations of another rate cut from the US Federal Reserve and amid the ongoing US-China and Brexit talks.

THE PESO strengthened on Friday on the back of a fresh reserve requirement ratio (RRR) cut announced by the central bank, as well as risk-on sentiment due to an unclear Brexit, which supported currencies in emerging markets.

THE PESO weakened on Thursday due to risk-off sentiment arising from geopolitical tensions in Hong Kong and Europe.

THE PESO rallied against the dollar on Wednesday with risk-on sentiment in the market rising, as another delay in Britain’s exit from the European Union looms.

THE PESO slipped versus the dollar on Tuesday as the market pocketed gains from its recent rally.

THE PESO went up further against the dollar on Monday on the back of positive developments in the US-China trade talks.

THE PESO is expected to climb further this week on weak economic data out of the United States last week and as Brexit negotiations continue.

THE PESO rose further on Friday on the back of positive Brexit developments and a series of weak US data.

THE PESO ended stronger against dollar yesterday following weaker-than-expected US data on retail sales, which fanned expectations of another policy rate cut by the US Federal Reserve.

THE PESO recovered on Wednesday against the dollar on the back of positive developments in the Brexit negotiations and as remittances from overseas Filipino workers (OFW) rose in August.

THE PESO weakened anew against the dollar on Tuesday following reports of China’s plan to send out delegations to the United States to fine-tune the first phase of their trade deal.

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 may climb further on corporate flows and amid continued optimism regarding the trade talks between the United States and China.

THE PESO climbed further on Friday on the back of optimism on a trade deal between the United States and China.

THE PESO climbed versus the dollar on Thursday as the United States and China restart trade talks and following positive local data.

THE PESO traded sideways on Wednesday as the US widened its trade black list to include Chinese artificial intelligence firms.

THE PESO strengthened against the dollar on the back of positive local data and in line with the performance of regional currencies.

THE PESO ended weaker on Monday due to concerns over weaker-than-expected US non-farm payrolls data released last week.

THE PESO may climb further against the dollar as the market continues to price in weak data out of the United States.

THE PESO extended its climb on Friday amid slower inflation and bets of another rate cut in the United States.

THE PESO rebounded on Thursday on weak data out of the United States which boosted bets of another rate cut in the world’s largest economy.

THE PESO inched sideways against the dollar on Wednesday ahead of the release of September inflation data and following a weak manufacturing report out of the United States.

THE PESO weakened against the dollar amid expectations of easing inflation.

THE PESO gained against the dollar on hopes that the United States and China will resolve their trade dispute in talks scheduled this month.

THE PESO could further strengthen against the US dollar this week, on optimism arising from the central bank’s dovish stance after it reduced both policy rates and lenders’ reserve requirement ratio (RRR).

THE peso strengthened against the dollar on Friday on positive market sentiment after the Philippine central bank cut benchmark interest rates by 25 basis points.

THE National Government’s outstanding debt rose 1.73% or P135.03 billion from a month earlier to P7.939 trillion as of end-August, due to the peso’s depreciation and net issuances of both external and domestic loans, the Treasury bureau said in a statement on Friday.

THE peso firmed against the US dollar on Thursday, amid market expectations of a policy rate cut.

THE PESO weakened on Wednesday, weighed by political risks arising from the US House of Representatives’ move to open a formal impeachment inquiry against US President Donald J. Trump, causing the market to seek refuge in the safe haven dollar.

THE PESO climbed on Wednesday on news of fresh trade talks between the US and China.

THE PESO declined on Monday ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting and amid weak data from large European economies.

THE PESO is poised to strengthen further this week as central banks around the world continue to ease monetary policy, with the Bangko Sentral ng Pilipinas (BSP) expected to follow suit in its review this week.

THE peso appreciated against the dollar on Friday after monetary policy decisions from several central banks this week, including the US Federal Reserve cutting interest rates.