With regards to Philippine financial developments , I don't quite understand how the factors in the following
Question:
With regards to Philippine financial developments , I don't quite understand how the factors in the following articles contribute to how the Peso stays the same, increases or decreases in the foreign exchange markets.
I know that they influence the dollar-peso value but how do these factors do it exactly? Like, in terms of systems thinking, how does one factor lead to another? I would prefer an explanation in simple terms as I am a complete finance beginner.
For example, Business World posted Peso steady amid US debt ceiling woes, PHL GDP bets on Monday.
How exactly does the US debt ceiling and Ph GDP counteracting each other contribute to the peso staying the same?
On Tuesday; Peso rises to seven-month high as market awaits Fed meeting
How exactly does the stoppage of raising rates by the US central bank contribute to the rise of the peso?
On Wednesday; Peso weakens vs the dollar as UK, euro zone data spark recession fears
How does manufacturing data lead to a recession?
On Thursday; Peso rises to new 7-month high on GDP
How does the rise in GDP affect the dollar-peso value?
Said questions are merely the thoughts in my head, please feel free to add details if need be.
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta