- 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
- Data
- MNI Research
- 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 Softens, Broader Risk Dynamics In Play
Spot USD/PHP has crept higher in the wake of overnight developments related to the Russia/Ukraine crisis. The pair sits +0.067 at PHP51.457, with topside focus still falling on key resistance from PHP51.500. Conversely, a slide through Feb 10 low of PHP51.210 would allow bears to set their sights on Feb 3/Jan 5 lows of PHP50.920/50.900.
- USD/PHP 1-month NDF last +0.040 at PHP51.580. Bulls look to a move through Jan 18 high of PHP51.950, while bears keep an eye on Feb 16 low of PHP51.210.
- The Metro Manila Development Authority (MMDA) said that NCR mayors will announce their recommendation on the next alert level in the capital region today, after consulting data and reports re: on the ground situation. Health Sec Duque earlier said that Metro Manila could be moved to Alert Level 1, adding that the Philippines wants to vaccinate 80% of the vulnerable population before lowering its alert levels.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
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.