The US Dollar may rise versus the Philippine Peso after CPI data as US-China trade war tensions may fuel more-aggressive easing from the BSP. USD/PHP took out key falling resistance.
The US Dollar weakened against the Philippine Peso, with USD/PHP falling towards 2013 rising support as Philippine Central Bank board member Bruce Tolentino cooled BSP rate cut bets.
The Philippine Peso fell as crude oil prices rose on Iran supply disruption fears. USD/PHP broke key resistance. Higher petroleum prices may reignite 2018 Peso selloff if CPI climbs.
Global growth fears fueled risk aversion, boosting the US Dollar against ASEAN currencies. The same dynamic may lift USD/IDR, USD/SGD with all eyes on the
Stocks look more vulnerable, opening the door to US Dollar gains versus ASEAN currencies. Sentiment-linked crude oil prices may fall with weak demand, benefiting the