Rates Outlook: Range-bound trading expected this week
Dollar strength, Jerome Powell comments drive peso lower
(Editor’s Note: This outlook is subject to updates.)
Earl Andrew “EA” Aguirre, Investment Counselor Department Head, Financial Markets Sector, Metrobank, provides a recap of the dollar-peso exchange rate for the week of November 11-15, 2024. The currency pair may trade between 58.60 – 58.90 this week.