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USD/PHP Forecast Today 13/01: Sees A Major Ceiling (Chart)
(MENAFN- Daily Forex)
- The US dollar has rallied again during the trading session on Friday, and as seen continuation early on Monday against the Philippine peso as interest rates in America continue to climb, causing chaos around the currency world. The Philippine peso is a very small currency, so it is decidedly vulnerable to these types of moves. For what it is worth, this is a pair that continues to see a major ceiling above, but it certainly looks as if the US dollar is going to do everything it can to test that resistance barrier.

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