Flash: time to turn more upbeat on the Philippine Peso - Westpac

FXstreet.com (Barcelona) - According to Jonathan Cavenagh, FX Strategist at Westpac, the outlook for PHP in the next 1-2 months looks more upbeat. The view from Cavenagh reflects several factors - "a more positive seasonal environment, PHP lagging equity market performance and broader Asian currency sentiment, a resilient domestic growth story and less exposure to capital outflow risks compared to other economies within the region."