Advertisements


Peso recovers against dollar on ‘slightly better’ trade data

THE PESO recovered against the dollar on Tuesday following the resumption of trade talks between the United States and China as well as the country’s “slightly better” December trade data......»»

Category: financeSource: bworldonline bworldonlineFeb 12th, 2019

Strong peso helps shore up PH forex reserves

The country's dollar reserves rose slightly in January as bullish sentiment on the peso encouraged investors to keep their assets denominated in the local currency during the period.   In a statement, Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. said the country's gross international reserves rose to $82.13 billion as of end-January 2019, according to preliminary data.   This was higher than the $79.19 billion recorded in December 2018 due mainly to inflows arising from the net foreign currency deposits by the national government, BSP's foreign exchange operations, revaluation gains from BSP's gold holdings resulting from the increase in the price of go...Keep on reading: Strong peso helps shore up PH forex reserves.....»»

Category: newsSource:  inquirerRelated NewsFeb 8th, 2019

Peso inches up vs dollar

THE PESO strengthened slightly versus the dollar even as the country posted its widest trade deficit in October......»»

Category: newsSource:  bworldonlineRelated NewsDec 11th, 2018

Peso climbs slightly on Trump comments, inflation data bets

THE PESO went up a tad against the dollar on Monday amid safe-haven trading due to remarks from US President Donald J. Trump. The local currency closed Monday’s session at P53.46 versus the greenback, 1.5 centavos stronger than its P53.475-per-dollar finish on Friday. The peso opened the session weaker at P53.53 versus the dollar, slipping… link: Peso climbs slightly on Trump comments, inflation data bets.....»»

Category: newsSource:  manilainformerRelated NewsSep 3rd, 2018

Peso climbs slightly on Trump comments, inflation data bets

THE PESO went up a tad against the dollar on Monday amid safe-haven trading due to remarks from US President Donald J. Trump. The post Peso climbs slightly on Trump comments, inflation data bets appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 3rd, 2018

Peso books slight gains vs dollar ahead of low-level US-China talks

THE PESO strengthened slightly against the dollar on Monday as markets await the minutes of the latest meeting of the US Federal Reserve and trade talks between Washington and Beijing. The post Peso books slight gains vs dollar ahead of low-level US-China talks appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 20th, 2018

Peso gains slightly on lingering trade war concerns

The peso strengthened slightly on Monday, July 23, as the dollar weakened amid sustained concerns over the the trade spat between the United States and China. The local unit ended Monday’s session at P53.48 versus the greenback, stronger by three centavos from the P53.51-per-dollar finish on Friday. Dollars traded declined to $399.6 million from the […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 23rd, 2018

Peso ends flat following positive US data, renewed trade tensions

THE PESO ended flat against the dollar on Thursday following upbeat US producer price data and renewed trade tensions between China and the US......»»

Category: newsSource:  bworldonlineRelated NewsJul 12th, 2018

Peso weakens on PHL trade data

THE PESO depreciated against the dollar on Tuesday after local data showed a wider trade deficit......»»

Category: newsSource:  bworldonlineRelated NewsJul 10th, 2018

FOREX-Dollar takes breather as trade concerns linger, yuan remains in focus

Dollar softer amid lingering trade war fears China central bank to keep yuan stable, helping cool-off market Canada dollar gains on manufacturing data, higher oil prices Mexico peso jumps on soothing words from president-elect U.S. holiday could keep trading thinner TOKYO, July 4 (Reuters) – Major currencies marked time on Wednesday while the Chinese yuan […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 4th, 2018

Peso inches up as investors await BSP policy meeting

The peso inched higher against the dollar on Tuesday, May 8, ahead of the local monetary policy meeting as well as inflation data in the US. The local currency ended at P51.85 on Tuesday, two centavos stronger than the P51.87-per-greenback finish on Monday. The peso traded within the range, opening the session slightly stronger at […] The post Peso inches up as investors await BSP policy meeting appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2018

Peso slightly strengthens vs dollar, touches P51 level

THE PESO slightly strengthened against the dollar on Tuesday, touching the P51 level intraday, due to weaker-than-expected jobs data in the United States. The local currency ended yesterday’s session at P52 against the dollar, two centavos stronger than the P52.02-per-greenback finish on Friday. The peso moved sideways for most of the day, opening the session […] The post Peso slightly strengthens vs dollar, touches P51 level appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 10th, 2018

Peso inches up on weak US jobs data

The peso slightly strengthened against the dollar on Tuesday, April 10, touching the P51 level intraday, due to weaker-than-expected jobs data in the US. The local currency ended Tuesday’s session at P52 against the dollar, two centavos stronger than the P52.02-per-greenback finish on Friday. The peso moved sideways the whole day, opening the session stronger […] The post Peso inches up on weak US jobs data appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 10th, 2018

Peso to climb on weak US data

THE PESO is seen to strengthen against the dollar in the first few days of the week due to lukewarm US labor data and escalating trade tensions between the US and China. Last Friday, the peso strengthened against the greenback, ending the session at P52.02 ahead of the long weekend. Week on week, the peso […] The post Peso to climb on weak US data appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 9th, 2018

Peso strengthens as US political turmoil sparks trade-war risk

The peso strengthened against the dollar on Thursday, March 15, as investors stayed on the sidelines amid the geopolitical noise coming from President Donald J. Trump. The local currency finished at P52.03 against the dollar on Thursday, gaining four centavos from its P52.07 close on Wednesday. The peso opened slightly weaker at P52.08 versus the […] The post Peso strengthens as US political turmoil sparks trade-war risk appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 15th, 2018

Peso weakens on strong US inflation data

The peso weakened against the dollar on Wednesday, March 14, due to strong US inflation data amid the offshore geopolitical noise. The local currency ended Wednesday’s session at P52.07 versus the greenback, three centavos weaker than the P52.04 finish on Tuesday. The peso opened the session slightly weaker at P52.06 per dollar. Its intraday low […] The post Peso weakens on strong US inflation data appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 14th, 2018

Peso weakens vs dollar on strong US CPI report

THE PESO weakened against the dollar on Wednesday due to strong US inflation data and offshore geopolitical noise. The local currency ended yesterday’s session at P52.07 versus the greenback, three centavos weaker than its P52.04-per-dollar finish on Tuesday. The peso opened the session slightly weaker at P52.06 per dollar. Its intraday low stood at P52.12, […] The post Peso weakens vs dollar on strong US CPI report appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 14th, 2018

PESO ends flat on trade data

THE PESO ended flat against the dollar on Friday amid the wider yet lower-than-expected local trade deficit in January. The local currency ended the week closing at P52.03 versus the greenback on Friday, flat from its finish on Thursday. The peso traded weaker the whole day, opening the session at P52.12-per-dollar, while its intraday low […] The post PESO ends flat on trade data appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 9th, 2018

Peso drops on weak trade data

THE PESO weakened further against the dollar on Friday as the country’s trade deficit expanded in December. The local currency closed the week at P51.48 versus the dollar, down 17 centavos from its P51.31 finish on Thursday. The peso traded weaker the whole day, opening the session at P51.58 against the greenback. It hit a […] The post Peso drops on weak trade data appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 9th, 2018

Peso continues to drop

THE PESO continued to decline against the dollar on Thursday due to strong dollar demand  following the release of data showing a wider Philippine trade deficit. The local currency ended yesterday’s session at P50.80 versus the greenback, nine-and-a-half centavos weaker than its P50.705-per-dollar close on Wednesday. This is the peso’s weakest close in nearly two […] The post Peso continues to drop appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 18th, 2018

Peso extends decline vs dollar

THE PESO continued to decline against the dollar yesterday following the release of local trade data for November, which further underscored the “weakness” in the country’s external payments position. The local currency closed Wednesday’s session at P50.38 versus the greenback, losing nine centavos from its P50.29-per-dollar finish on Wednesday. The peso opened weaker at P50.35 […] The post Peso extends decline vs dollar appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 10th, 2018