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Currencies
Rates Outlook: A temporary lull in the markets
After a volatile week, we see traders remaining tactical just after the local midterm election and a quite calendar globally.
May 13, 2025
By Metrobank
By Metrobank
(Editor’s Note: This outlook is subject to updates.)
Maria Christina “Yna” Virtudazo, Investment Counselor, Financial Markets Sector, Metrobank, recapped how the dollar-peso pair swung sharply between 55.21 and 55.82 last week amid inflation surprises, central bank signals, and global dollar strength. The dollar-peso is expected to trade tactically in the 55.30–55.80 range as market participants await fresh catalysts post-election.