Rates Outlook: Weighing seasonal demand and new geopolitical tensions 

(Editor’s Note: This outlook is subject to updates.)

Earl Andrew “EA” Aguirre, Investment Counselor Department Head, Financial Markets Sector, Metrobank, said the dollar-peso exchange rate saw significant movement last week, driven by stronger-than-expected US jobs data and escalating geopolitical tensions in the Middle East, ultimately pushing the pair above 56 for the first time since April. This week, we anticipate the dollar-peso to trade within a higher range of 56 to 57, influenced by continued importer demand and seasonal factors.