![Peso falls_0131](https://firstmetro.com.ph/wp-content/uploads/2024/01/Peso-falls_0131.jpg)
- The Philippine peso weakened for a second day and the domestic share market advanced.
- USD/PHP rises 0.1% to 56.4600 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed
** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index little changed at 91.77
** USD/PHP one-month implied volatility is at 6.15%, up from 6.1375% on Tuesday
** USD/PHP 200-DMA currently around 55.909; 100-DMA 56.199; 50-DMA 55.736 - The Philippines’ 10-year bond yield fell 1.52 bps to 6.18% on Tuesday
- The PSEi Index of shares rises 0.3% to 6,645.10 on the day; poised to break a 2 day losing streak
** Global investors sold a net $10.1 million of Philippine stocks on Tuesday, according to exchange data