![Peso set_0320](https://firstmetro.com.ph/wp-content/uploads/2024/03/Peso-set_0320.jpg)
- The Philippine peso weakened for a sixth day and the domestic share market advanced.
- USD/PHP rises 0.1% to 56.0000 as of 9:35 a.m. Manila time; poised for the highest close since March 1; Bloomberg dollar spot index little changed
** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index little changed at 91.39
** USD/PHP one-month implied volatility is at 4.0625%, down from 4.125% on Tuesday
** USD/PHP 200-DMA currently around 55.981; 100-DMA 55.904; 50-DMA 55.968 - The Philippines’ 10-year bond yield was little changed at 6.22% on Tuesday
- The PSEi Index of shares rises 0.2% to 6,860.58 on the day
** Global investors sold a net $426,000 of Philippine stocks on Monday, according to exchange data