Rates Outlook: Recent US jobs data may sway dollar-peso after volatile week 

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

Earl Andrew “EA” Aguirre, Investment Counselor Department Head, Financial Markets Sector, Metrobank, said momentum for the exchange rate peaked last week amid strong US GDP growth, hawkish stance by the US Federal Reserve, and the stronger-than-expected US Personal Consumption Expenditures data. This week, the recent weak US jobs data adds another factor to consider, though momentum still favors the dollar.