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USD/PHP higher on short cover

Thursday, February 26, 2015 3:46 AM UTC

USD/PHP move higher on short cover, failure ahead of 44.00
Pair traded 44.04-44.115 range, after open at 44.05
Expect consolidation within 44.00-44.10, last 44.07-44.10
NDFs last 44.08-44.11, PSEi -1.02%

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USD/PHP higher on short cover

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