MARKET jitters over the government’s infrastructure spending controversy and expectations of monetary easing by the Bangko Sentral ng Pilipinas (BSP) have weighed on the peso, which breached the P59 ...
The Manila Times on MSN
Peso volatility seen easing as remittances strengthen
The peso’s recent volatility is expected to subside toward year-end, supported by a seasonal rise in remittances and ...
The US Dollar Index slipped to 99 as the government shutdown and dovish Fed stance eroded investor confidence. Markets price in two Fed rate cuts — 25 bps in October and another in December — as ...
I wrote on 20th April that the best trades for the week would be: 1. Long of the EUR/USD currency pair. Unfortunately, it fell by 0.24% over the week. 2. Short of the USD/JPY currency pair.
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