Peso rises further before Powell speech

THE PESO continued to strengthen on Tuesday amid broad dollar weakness as markets await a speech by the US Federal Reserve chief this week, where he is expected to provide hints on the central bank’s policy easing path. The local unit closed at P56.55 per dollar on Tuesday, appreciating by nine centavos from its P56.64 […]

Peso rises further before Powell speech
THE PESO continued to strengthen on Tuesday amid broad dollar weakness as markets await a speech by the US Federal Reserve chief this week, where he is expected to provide hints on the central bank’s policy easing path. The local unit closed at P56.55 per dollar on Tuesday, appreciating by nine centavos from its P56.64 […]