Rates Outlook: Dollar-peso to stay range-bound
The dollar weakened last week on soft US data, but upbeat job numbers late Friday offered a surprise twist.
May 5, 2025 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 peso strengthened to 55.57 amid easing US-China trade tensions, disappointing US GDP figures, and pre-holiday dollar selling, though a stronger-than-expected US jobs report could lend near-term support to the greenback.