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U.S. Consumer Confidence falls in September

Swiss franc likely to gradually depreciate against euro in coming months

Swedish economic sentiment indicator rises in November

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

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U.S. personal income and spending rose less than expected in August

U.S. House prices increase slightly in July

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Malaysian headline inflation falls further in October, likely to remain negative in 2020

Canada's economy shows growth in July, but growth stalled in

Germany's unemployment exceeds expectations in September

U.S. vehicle sales fall again in November

U.S. weekly jobless claims unexpectedly decrease

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

U.S. existing home sales decline in August

U.S. existing home sales rise above expectations in October

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Outlook for USD/PHP - Get bullish

Monday, June 8, 2015 5:52 PM UTC

BofA Merrill Lynch says:

Get bullish USD/PHP, pair is resuming its long-term bull trend after a year and a half of range trading.

The Friday closing break of Triangle / trend line resistance at 45.00 points to further gains in the weeks and months to come, with long term targets seen to 47.20 (Triangle objective and 78.6% retracement of the 2009/2013 decline). Going forward look to buy dips.

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Outlook for USD/PHP - Get bullish

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