{"id":56404,"date":"2015-07-20T18:36:33","date_gmt":"2015-07-20T10:36:33","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=56404"},"modified":"2015-09-19T12:19:54","modified_gmt":"2015-09-19T04:19:54","slug":"peso-continues-sideways-close-vs-usd","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/07\/20\/peso-continues-sideways-close-vs-usd\/","title":{"rendered":"Peso continues sideways close vs. USD"},"content":{"rendered":"
\"shutterstock\"<\/a>
shutterstock<\/figcaption><\/figure>\n

MANILA — The Philippine peso ended Monday sideways to a greenback as investors continue to see unfolding events in Greece.<\/p>\n

The local currency finished the week’s first trading day at 45.23 frm 45.25 Thursday last week. There was no trading last Friday because of a holiday.<\/p>\n

A trader said the currency pair is seen to trade within a close range in the near term as developments in Europe and in the US call for a cautious movement.<\/p>\n

“Greece’s problems are not yet over while normalization in the US is seen to be delayed than earlier anticipated although a hike this year has been priced in,” a trader said.<\/p>\n

With these factors in play, the trader said there is no need for investors to just move their funds constantly but instead keep a tight watch on external factors.<\/p>\n

This is the main reason for the close trading range of the peso against the dollar lately, the trader cited.<\/p>\n

For the day, the peso opened at 45.26, almost unchanged from the 45.25 in the previous trading.<\/p>\n

It moved between 45.22 and 45.30 resulting to an average of 45.25.<\/p>\n

Volume of trade reached USD 346.2 million, way below the USD549.5 million at the end of last week’s trading.<\/p>\n

For Tuesday, the currency pair is seen to trade between 45.20 and 45.40.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — The Philippine peso ended Monday sideways to a greenback as investors continue to see unfolding events in Greece. …<\/p>\n","protected":false},"author":44,"featured_media":45359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-56404","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-joann-santiago","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/56404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=56404"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/56404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/45359"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=56404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=56404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=56404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}