Rates Outlook: Importer demand may drive dollar-peso
Last week, the peso weakened as the dollar gained ground following a US-China tariff agreement and importer buying intensified
May 21, 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 soft US data and local supply dynamics kept the pair range-bound, with next week’s outlook suggesting a 55 to 56 range amid continued demand and potential upside to 57.