Category forex

US Dollar Strengthens

US Dollar Index rises near 99.50 The US Dollar Index trades with a firmer tone near the 99.50 price region. A stronger-than-expected United States ISM Services Purchasing Managers Index rose to 54.5 in May from 53.6 in April. This highlights the resilience

Philippines Inflation Expected To Rise

Inflation to exceed target range of 2.0-4.0% Philippines inflation is expected to climb further above the target range. The increase is driven by food, fuel, and currency weakness. Some easing in sequential pressures is expected due to lower fuel prices and