Rates Outlook: Support seen from seasonal demand, importer flows

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

Maria Christina “Yna” Virtudazo, Investment Counselor, Financial Markets Sector, Metrobank, said the latest US jobs data pointed to a sharp slowdown in labor growth. Initial jobless claims further put pressure on the dollar. A buy-on-dips strategy is recommended given the 56.90 support.