|
|
|
1m USDPHP NDF appears stuck in range ahead of the Sino-US
summit at the end of the week and recent comments by the central bank
governor. This appears to support the 1m NDF above the 50-figure in the
near term. This is even as foreign funds added to their equity holding
for the third straight session, purchasing USD81.17mn in equities on 4
Apr. Last seen around 50.30 levels, 1m NDF has lost most of its bearish
momentum, while stochastics is showing no strong bias ...
|
|
|
|
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.