News for USD/PHP (USDPHP)

Asian currencies, specifically the Thai Baht and Malaysian Ringgit, experienced notable declines as the US Dollar strengthened following indications that the Fe

The US Federal Reserve’s Federal Open Market Committee (FOMC) will announce its decision on interest rates after the conclusion of its meeting on Wednesday morning in the US, in the early hours of Thursday before the PSE’s open here in the Philippines.

Federal Reserve Chairman Jerome Powell’s recent statement that “the time has come for policy to adjust” has set the stage for a potential reversal in the dollar’s long-term strength.

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THE Philippine peso could depreciate further against the US dollar level as the upcoming Monetary Policy meeting happens on Thursday next week, according to economists. Data from the Bankers Association of the Philippines (BAP) showed the peso closed at P58.8 to the US dollar on Friday. This marked a 20-month…

IF I was a Civilian rather than a “Want-to-be-Warrior” in the realm of economics and the financial markets, I would probably concentrate on getting my “financial literacy” from the “New & Popular” section of Netflix instead of the Main Stream Media and its illegitimate child Social Media. Since the days…

THE weakness of the Philippine peso may lead to higher food and oil costs in the Philippines, according to local economists and analysts. Some analysts, such as Rizal Commercial Banking Corporation (RCBC) Chief Economist Michael L. Ricafort, told BusinessMirror it could lead to inflation averaging 4 percent in June and…

Goldman Sachs strategists don't foresee a material impact from the elections on monetary policy in the short term but do revise their forecast for the onset of rate cuts, now expecting easing to...

STRONGER-THAN-EXPECTED growth in 2023 and expectations that prices are already slowing are enough reasons to expect the Monetary Board to maintain key policy rates next week, according to an HSBC economist. In an economic brief, HSBC Asean economist Aris Dacanay said he remained confident that the Bangko Sentral ng Pilipinas…

Bullish bets on the Indian rupee firmed most in two-and-a-half years, while investors maintained bearish positions across most Asian currencies amid uncertainty over China's economic recovery and...

Asian FX bears hold ground as robust dollar, China woes dent confidence: Reuters poll

Short bets on most Asian currencies eased marginally but remained firmly in the bearish territory, a Reuters poll found on Thursday, as diminishing hopes of an early U.S. interest rate cut kept...

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Bearish bets on Asian FX return on renewed woes over Fed rate hikes - Reuters poll

Investors returned to placing bearish bets on all Asian currencies shortly after on the increasing likelihood that the U.S.

US Dollar volatility in the ASEAN realm is low except for USD/THB. The Thai Baht is aiming for its best month since January 2019 as USD/SGD, USD/IDR and USD/PHP idle.