
- The Philippine peso weakened for a third day and the domestic share market declined.
- USD/PHP rises 0.8% to 55.4200 as of 9:35 a.m. Manila time; set for a third day of gains; Bloomberg dollar spot index little changed
** Most major Asian currencies down versus dollar on day
** USD/PHP one-month implied volatility is at 8.16%, up from 8.0825% on Tuesday
** USD/PHP 200-DMA currently around 55.82; 100-DMA 56.171; 50-DMA 54.937 - The PSEi Index of shares falls 1% to 6,637.48 on the day; poised to break a 5-day winning streak
** Global investors bought a net $2.32 million of Philippine stocks on Tuesday, according to exchange data