Rates Outlook: All about domestic politics and US monetary policy
We see renewed hopes of a December policy rate cut in the US, which may limit dollar strength
by Metrobank
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(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 last week was still affected by the national government and political developments. This week US economic data as well as renewed hopes of a December rate cut by the US Fed may drive the direction of the dollar-peso.