![Peso set_0103](https://firstmetro.com.ph/wp-content/uploads/2024/01/Peso-set_0103.jpg)
- The Philippine peso weakened for a second day and the domestic share market declined.
- USD/PHP rises 0.2% to 55.7800 as of 9:35 a.m. Manila time; poised for the highest close since Dec. 19; Bloomberg dollar spot index little changed
** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index falls 0.2% to 92.5
** USD/PHP one-month implied volatility is at 6.745%, down from 6.785% on Tuesday
** USD/PHP 200-DMA currently around 55.786; 100-DMA 56.25; 50- DMA 55.934 - The PSEi Index of shares falls 0.2% to 6,541.03 on the day
** Global investors bought a net $7.98 million of Philippine stocks on Tuesday, according to exchange data