- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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 AccessPeso Rangebound, BSP Gov & Econ Secs Set To Speak
Spot USD/PHP trades at PHP47.900, little changed on the day, after rising to its best levels since May 28 on Monday. Bulls look for further gains past the 50-DMA (PHP48.090), towards May 27 peak (PHP48.185). Bears keep an eye on Jun 11 low of PHP47.685, followed by Jun 8 low of PHP47.640.
- USD/PHP 1-month NDF last +0.050 at PHP47.980. Topside focus falls on yesterday's high of PHP48.010, followed by the 50-DMA at PHP48.197. Bears look for a dip through Jun 7 cycle low of PHP47.670.
- Pres Duterte decided to effectively extend military pact with the U.S. by another six months, despite earlier threatening to ditch the deal. In Feb 2020, Manila said it will terminate the agreement, but has since suspended the execution of the initial decision.
- Worth noting that the Philippines slightly relaxed restrictions in the NCR+ bubble yesterday, including shortening curfew hours, despite earlier extending lockdown in the capital region.
- BSP Gov Diokno will appear alongside Finance, Budget & Economic Planning Secs at Economic Journalists Association of the Philippines forum.
- Philippine overall BoP and overseas remittances are expected to hit the wires today.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.