The Philippine peso’s relief rally tied to the initial US-Iran ceasefire may fade as seasonal selling pressure is expected to push the currency to fresh record lows. Strategists indicate the near-term FX move is more technical/seasonal than fundamentally driven by the ceasefire.
The Philippine peso’s relief rally tied to the initial US-Iran ceasefire may fade as seasonal selling pressure is expected to push the currency to fresh record lows. Strategists indicate the near-term FX move is more technical/seasonal than fundamentally driven by the ceasefire.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20