Free Trial

USD/PHP has climbed and last deals at....>

DOLLAR-PHP
DOLLAR-PHP: USD/PHP has climbed and last deals at PHP49.57, a dozen pips better
off. BSP Gov Diokno appeared today, noting that "at least for the next maybe two
years, we'll be willing to accommodate the economy", as the current crisis may
be protracted. 
- In case you missed it, the Philippine Daily Inquirer reported that existing
restrictions in Metro Manila probably won't be relaxed after Jul 15.
- Bulls need a push through Jul 8 high of PHP49.63 before attempting a move at
Jul 2 high of PHP49.88. Conversely, a fall through Jul 13 low of PHP49.38 would
turn focus to Jul 7 low of PHP49.33.

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.