Rates Outlook: Waiting for sharper rallies

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

Maria Christina “Yna” Virtudazo, Investment Counselor, Financial Markets Sector, Metrobank, said volatility hobbled the dollar-peso exchange rate last week. Seasonality will come into play as importer demand fades. Keeping an eye out for sharp rallies, especially near the 57.10 level is crucial.