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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.
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Free AccessUSD/PHP Still Hovers Above PHP48.00
Spot USD/PHP sits at PHP48.04 at typing, marginally below neutral levels. The PHP48.00 figure continues to provide the key near-term support and a break here would open up Oct 20, 2016 low of PHP47.95. Bulls need a clearance of the 50-DMA/Jan 11 high at PHP48.12/13 to gain a fresh impetus.
- BSP said in a statement that Gov Diokno was discharged from the hospital Wednesday and will be ready to chair the Monetary Board meetings from next week.
- Commission on Elections spokesman Jimenez said that the Philippines is considering opening more polling centres for the 2022 presidential election to protect voters from contracting Covid-19.
- The Filipino docket is empty during the remainder of this week, focus moves to next Wednesday's trade report & next Thursday's GDP.
To read the full story
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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.