Rates Outlook: Near-term headwinds for the peso
This week, we continue to prefer buying on dollar-peso dips
(Editor’s Note: This outlook is subject to updates.)
Maria Christina “Yna” Virtudazo, Investment Counselor, Financial Markets Sector, Metrobank, said shifting sentiment and worries about local growth resulted in peso volatility last week. This week, the volatility will continue in the near term, and buying on dips is the recommended strategy. Listen to learn more.