- The Philippine peso strengthened for a second day and the domestic share market declined.
- USD/PHP falls 0.8% to 54.0650 as of 9:35 a.m. Manila time; poised for the lowest close since June 20; Bloomberg dollar spot index down 0.2%
- USD/PHP one-month implied volatility is at 7.555%, up from 7.48% on Wednesday
- USD/PHP 200-DMA currently around 55.527; 100-DMA 56.866; 50-DMA 55.55
- The PSEi Index of shares falls 0.3% to 7,011.15 on the day
- Global investors bought a net $14 million of Philippine stocks on Wednesday, according to exchange data