Free Trial



EURHUF Testing 100DMA Resistance


NBH To Hike Rates By 30bps Today


5yr downside put

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Spot USD/PHP trades -0.023 at PHP50.405 amid improvement in broader risk appetite. Losses past Nov 19 low of PHP50.220 would shift bearish focus to Nov 15 low of PHP49.775. On the topside, focus falls on Nov 22 high of PHP50.765 and a break here would expose Oct 22 high of PHP50.907.

  • USD/PHP 1-month NDF last -0.080 at PHP50.480. A dip through Nov 19 low of PHP50.290 would open up Nov 12 low of PHP49.820. Bulls need a clearance of Nov 23 high of PHP50.890 before targeting PHP50.920, which limited gains on Nov 3 & 4.
  • The gov't expanded its list of "red list" countries by seven European countries, on top of several African countries redlisted earlier, in a bid to prevent the Omicron variant from spreading into the Philippines.
  • The Philippine data docket is fairly empty this week, includes Markit M'fing PMI, due Wednesday.