# Fed move, oil price dip, give peso some relief - BusinessMirror

> The peso gained as the dollar index weakened and oil prices dipped. The article is a roundup of Philippine headlines covering unrelated topics such as the Duterte trial, Saudi airport disruption and crypto outflows.

- Date: 2026-11-02 · published 2026-11-02T21:14:19.962Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/75987-fed-move-oil-price-dip-give-peso-some-relief-businessmirror
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and lower oil prices ease import costs for Philippine feed buyers, though the effect is modest.

## Read by commodity

- DXY: bearish ▼
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-06-04 | [Oil price slump: is this an economic warning?  - UNSW BusinessThink](https://feedsoft.ai/events/11309-oil-price-slump-is-this-an-economic-warning-unsw-businessthink.md) | +0.1% | +10.7% |
| WTI | 2018-06-17 | [The Fed Is Driving Down Oil Prices \| OilPrice.com](https://feedsoft.ai/events/64443-the-fed-is-driving-down-oil-prices-oilprice-com.md) | +5.9% | +4.8% |
| WTI | 2022-10-14 | [Oil prices fall more than 3% on recession worries](https://feedsoft.ai/events/39282-oil-prices-fall-more-than-3-on-recession-worries.md) | -3.8% | -3.3% |
| WTI | 2020-02-27 | [Oil prices dive to lowest in over a year on coronavirus fears \| Reuters](https://feedsoft.ai/events/7109-oil-prices-dive-to-lowest-in-over-a-year-on-coronavirus-fears-reuters.md) | -3.9% | -55.0% |
| WTI | 2020-08-20 | [Oil falls on OPEC+ oversupply, US jobless data - Markets - Business Recorder](https://feedsoft.ai/events/51783-oil-falls-on-opec-oversupply-us-jobless-data-markets-business-recorder.md) | +0.8% | -4.5% |
| DXY | 2021-05-07 | [Feed prices are now falling \| Salmon Business](https://feedsoft.ai/events/47186-feed-prices-are-now-falling-salmon-business.md) | -0.2% | -1.0% |
| DXY | 2026-10-19 | [Mexican Peso finds relief in Fed pause bets, but carry risks linger](https://feedsoft.ai/events/17271-mexican-peso-finds-relief-in-fed-pause-bets-but-carry-risks-linger.md) | -0.1% | — |
| DXY | 2019-03-26 | [Mexican Peso Predicted To Rise Vs. US Dollar Amid Dovish Fed, Rising Oil Prices And Ebbing Global Recession Fears](https://feedsoft.ai/events/60303-mexican-peso-predicted-to-rise-vs-us-dollar-amid-dovish-fed-rising-oil-prices.md) | +0.5% | +0.3% |

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2026/10/29/fed-move-oil-price-dip-give-peso-some-relief/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.