![Peso snaps_0321](https://firstmetro.com.ph/wp-content/uploads/2024/03/Peso-snaps_0321.jpg)
- The Philippine peso strengthened after weakening the previous day and the domestic share market
advanced. - USD/PHP falls 0.4% to 55.9200 as of 9:35 a.m. Manila time; poised to break a 6-day winning streak; Bloomberg dollar spot index down 0.2%; the Bloomberg Asia Dollar index rises 0.3% to 91.6
** USD/PHP one-month implied volatility is at 4.24%, down from 4.2975% on Wednesday
** USD/PHP 200-DMA currently around 55.983; 100-DMA 55.897; 50-DMA 55.971 - The Philippines’ 10-year bond yield was little changed at 6.22% on Wednesday
- The PSEi Index of shares rises 0.7% to 6,905.21 on the day
** Global investors bought a net $6.97 million of Philippine stocks on Wednesday, according to exchange data