
The Philippine peso weakened by 25.5 centavos to 63.31 per US dollar on November 9. Strong US jobs data boosted expectations of a Federal Reserve rate hike, while Philippine third-quarter GDP growth came in weaker than expected.
A stronger dollar and weaker Philippine growth weigh on the peso, raising the local-currency cost of imported feed and other commodities priced in dollars.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.