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

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.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Foreign exchange rates such as the dollarpeso exchange rate are determined by supply and demand in the foreign exchange market Factors that affect sup... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Use the financial statements for Bluffton Company from Problem 13-17B to compute the following for 2019. Round percentages to two decimal points. Financial Statements for Bluffton Company form 13-17B...

How would each of the factors in the following table affect a firm?s cost of debt, r d (1 ? T); its cost of equity, r s ; and its weighted average cost of capital, WACC? Indicate by a plus (+), a...

How would each of the factors in the following table 3 affect a firm's cost of debt, rd(1 - T); its cost of equity, rs; and its weighted average cost of capital, WACC? Indicate by a plus (+), a minus...

Explain how the factors in the first column affect the auditors decision about substantive testing.

1.Which statement is incorrect regarding the Conceptual Framework for Financial Reporting? a)Serves as a guide in developing future PFRSs and as a guide to resolving accounting issues that are not...

Questions and resources are attached in the document. Assignment is regarding about Financial Accounting Theory. ACCT1080 Financial Accounting Theory Topic Allocations Topic of investigation...

What factors have enabled HEINEKEN deliver strong performance in the past? What are some of the important issues confronting HEINEKEN and what external developments and internal actions might have...

This is Case 13, HEINEKEN, in Business Policy. (a) What factors have enabled HEINEKEN deliver strong performance in the past? (b) What are some of the important issues confronting HEINEKEN and what...

(a) What factors have enabled the company to deliver strong performance in the past? (b) What are some of the important issues confronting this company and what external developments and internal...

Value, Measurement and Intermediaries Week 7 Accounting and Finance 1 What have we learned to date? Critical Thinking The Trouble with Experts So you want to be a manager? Organizational...

The attachement is my homework, please finish this carefully, thanks a lot! Corporate Finance R. Moy Spring 2017 The objective of this exercise is to allow you to use the tools we have learned from...

(a) Prove that the equation has at least one real root. (b) Use your graphing device to find the root correct to three decimal places. 53. x - x? - 4 =0 54. Vx - 5-

The adjusted trial balance of Dailey Music Company appears below. Dailey Music Company prepares monthly financial statements and uses the perpetual inventory method. DAILEY MUSIC COMPANY Worksheet...

Find all the second - order partial derivatives of the function f ( x , y ) = 9 x 2 6 y 5 x 2 y 2 . d e l 2 f d e l x 2 =

You have been approached by a computer hardware developer who has created a prototype haptic VR glove which provides realistic sensations of feedback to the user's hands when interacting with virtual...

25SP-BUAC X Question 25 X ezto.mhedu x ezto.mhedu X ezto.mhedu x + C Exam 3 i ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUr... Saved X Relaunch to update Help Save &...

Glaxo, Inc. has purchased various assets during the year. Please treat each bolded line item below separately and indicate the proper MACRS life, convention, and depreciation amount for the...

Today is May 17, 2023, and you, CPA, are a Senior Tax Associate at Borden & Laurier LLP. Sylvie Condurache, Tax Manager, has called you into her office to discuss a long-time client: "I just got out...

Consider the operations of a fast-food restaurant serving pre-made pasta dishes to its guests. The operation consists of four steps. Each customer is first greeted and offered a menu and a tray,...

Step-by-Step: How Verified on Payoneer Accounts for PayPal Transfers In the increasingly digitized financial ecosystem, ensuring your Payoneer account is thoroughly verified has become imperative for...

If you owe $30,000 at the end of seven years, how much should your creditor accept in payment immediately if she could earn 11 percent on her money?

Research the current forecasts for GDP growth, inflation, and unemployment in Canada, Europe, and your particular region of the country.

Springsteen Music Company earned $820 million last year and paid out 20 percent of earnings in dividends. a. By how much did the company's retained earnings increase? b. With 100 million shares...

A production manager is interested in the mean weight of items turned out by a particular process. He feels that the weight is normally distributed with standard deviation 2, and his prior...

Suppose that a statistician decides that his prior distribution for a certain parameter 6 is an exponential distribution and that the .67 fractile of this distribution is 2. Find the exact form of...

In reporting the results of a statistical investigation, a statistician reports that his posterior distribution for p is a normal distribution with mean 52 and variance 10, and that his sample of...