![Peso set_0104](https://firstmetro.com.ph/wp-content/uploads/2024/01/Peso-set_0104.jpg)
- The Philippine peso weakened after strengthening the previous day and the domestic share market was flat.
- USD/PHP rises 0.2% to 55.6950 as of 9:35 a.m. Manila time; poised for the highest close since Dec. 20; Bloomberg dollar spot index little changed
** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index falls 0.1% to 92.38
** USD/PHP one-month implied volatility is at 6.6025%, up from 6.5175% on Wednesday
** USD/PHP 200-DMA currently around 55.788; 100-DMA 56.258; 50- DMA 55.909 - The Philippines’ 10-year bond yield rose 10.1 bps to 6.15% on Wednesday
- The PSEi Index of shares is little changed at 6,498.05 on the day
** Global investors sold a net $4.67 million of Philippine stocks on Wednesday, according to exchange data