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Currencies
Rates Outlook: Trade tensions, policy expectations to influence rates
Traders are closely watching the dollar-peso’s next moves amid global trade tensions and as the Philippine central bank’s policy meeting approaches.
February 11, 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 the USD/PHP exchange rate experienced significant movement from February 3-7, 2025, starting at 58.43 due to US tariff threats but closing lower at 58.03. Traders are forecasting the dollar-peso exchange rate to trade between 57.8 to 59 this week.