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Currencies
Rates Outlook: Directional bias remains mixed
The dollar-peso was pulled into a tug-of-war between trade optimism, geopolitical developments, and a surprise move from the Philippine central bank.
February 25, 2025
By Metrobank
By Metrobank
(Editor’s Note: This outlook is subject to updates.)
Earl Andrew “EA” Aguirre, Investment Counselor Department Head, Financial Markets Sector, Metrobank, says traders expect the USD/PHP exchange rate to move within 57.5 to 58.5, with the next key catalyst being the US GDP release on February 27.