MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Peso Gains As BSP Gov Diokno Recognises Need To Withdraw Stimulus

PHP

Spot USD/PHP has gone offered this morning and last deals -0.085 at PHP52.035. Bears look for a break under the 50-DMA/Apr 13 low at PHP51.921/51.875 before targeting the 100-DMA at PHP51.395. Bullish focus remains on the PHP52.500 figure.

  • USD/PHP 1-month NDF last seen -0.070 at PHP52.260. Should the 50-DMA at PHP52.126 give way, bears could target the 100-DMA at PHP51.618. Bulls look for a clearance of Apr 20 high of PHP52.750.
  • The Philippines has found its first case of the Omicron subvariant BA.2.12 in a traveller who arrived from Finland earlier this month.
  • BSP Gov Diokno said his Monetary Board is cognisant of the need to scale back pandemic-era policy support as the economy recovers. He flagged that the timing and conditions of policy exit will be determined by medium-term inflation and growth outlook as well as public health considerations and economic risks.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.