![Peso snaps_0102](https://firstmetro.com.ph/wp-content/uploads/2024/01/Peso-snaps_0102.jpg)
- The Philippine peso weakened and the domestic share market advanced.
- USD/PHP gains 0.2% to 55.4700 as of 9:35 a.m. Manila time; poised to break a 2 day losing streak; Bloomberg dollar spot index little changed; the Bloomberg Asia Dollar index falls 0.1% to 93.06
** USD/PHP one-month implied volatility is at 6.8475%, up from 6.705% on Monday
** USD/PHP 200-DMA currently around 55.782; 100-DMA 56.242; 50-DMA 55.954 - The Philippines’ 10-year bond yield was little changed at 6.00% on Friday
- The PSEi Index of shares rises 0.7% to 6,492.45 on the day
** Global investors bought a net $3.77 million of Philippine stocks on Friday, according to exchange data