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USD/PHP stays bid above 44.20

  • Stocks fall underpin, buying in NDFs

  • Pair opens at 44.20 but traded up to 44.27 again

  • Higher USD/AXJ, caution ahead of FOMC rate decision

  • Pair last at 44.25-44.28, NDFs 44.30-44.35; PSEi -1.06%

 

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