RSS USD/PHP Forecast : US Dollar Drops After CPI Against Philippine Peso - 16 January 2025

[Crax Bot]

In my daily analysis of exotic currency pairs, the USD/PHP market has captured my attention, as we are hanging around just above the 50 Day EMA. The 50 Day EMA of course is an indicator that a lot of people pay close attention to, so that might have caused a little bit of technical support. However, there’s also another thing that needs to be considered, and that is that the US dollar has recovered quite nicely. It’s not only against the Philippine peso that you can see this, but against pretty much anything in Asia.

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