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USD/PHP lifted by fall of stocks

USD/PHP bid on short cover, bullish theme for USD Profit taking in stocks, fresh rise in bond yields strengthens USD/PHP traded 44.02-44.10 range so far, last 44.08-11 NDFs last 44.07-12; PSEi -0.49%

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  • USD/PHP bid on short cover, bullish theme for USD

  • Profit taking in stocks, fresh rise in bond yields strengthens

  • USD/PHP traded 44.02-44.10 range so far, last 44.08-11

  • NDFs last 44.07-12; PSEi -0.49% 

 

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