US Dollar

[StockEngine]

Opec said....oil price bottomed out at 50.

But reality said....screw you 😂😂😂

XE.com USD PHP almost 46 again...

[draiman]

would it drop to 44 early next year kaya? Planning to buy pa naman sana for investment...

[StockEngine]

nice to see 47PHP=1USD

[yebo]

P47.0799/1$ at XE - The World's Trusted Currency Authority. Nice.

[Stigg ma]

P47.0799/1$ at XE - The World's Trusted Currency Authority. Nice.

for other people its nice, for others its not, this rise of USD to PHP will make some commodities price to increase... example fuel for our vehicles

[mudpits]

Hehehe ayos may extra nanaman.. Akala ko hindi mkakabawi e..

[Gumusut_Amige]

^masustain kaya nya ang upward trend hanggang end ng 2015?
Pinag-uusapan na namin ni wifey kung ipalit na lahat ngayon habang mataas pa ang palitan

[jefbuan]

same here if sa paguwi ko na sa pinas papalit or padala ko sa php account ko?feel ko sa dec bababa na dahil ofw xmas padala

[StockEngine]

^masustain kaya nya ang upward trend hanggang end ng 2015?
Pinag-uusapan na namin ni wifey kung ipalit na lahat ngayon habang mataas pa ang palitan

US Fed will increase rates December/January by then exchange will suck. Enjoy the relatively high rate now.

[StockEngine]

for other people its nice, for others its not, this rise of USD to PHP will make some commodities price to increase... example fuel for our vehicles

Fuel price will remain stable because of the glute..it will not reach 60$/barrel for many months.

[Stigg ma]

Fuel price will remain stable because of the glute..it will not reach 60$/barrel for many months.

dalwa ang basis ng presyo ng fuel diba? USD to PHP exchange and crude oil price, one goes up then the product price goes up din... 34PHP to 1USD lang dati, ngayon 37 PHP to 1 USD na!

[yebo]

for other people its nice, for others its not, this rise of USD to PHP will make some commodities price to increase... example fuel for our vehicles

Oil is already low, from $100+ per barrel last year to $47 now. So an increase in the peso-dollar rate has minimal impact, comparing it to its price a year ago. And good for some? Not really. A lot of OFWs had a pay cut lately. Remember many OFWs work in oil producing countries. Some lost their jobs. I have 2 cousins in o&g working in the middle east who have been laid off.

Did you hear Shell loss $6.2B last quarter? Guess what that translates to? That means a cut in CAPEX. No drilling, no surveys, no development of new fields, no investment in more efficient systems, no research. Count 2-3 years and that low oil price you are enjoying today will hit back with low oil production resulting to much higher oil prices. Saudi is pumping oil from old wells. They can not keep up the level of production they are putting out now for long. When they get tired fighting the US shale oil expect oil prices to go up. Yes, maybe it will take 2 or 3 more years, but it is almost guaranteed it will happen. Nangyari na nung 1998-2002, down ang oil. When it hit back it went from $24 per barrel to $170 per barrel. So don't rejoice too much from the low oil price.

[rollyic]

^^^ totoo yan. dito sa qatar daming natangal sa QP.

[yebo]

It's a cycle, like 2 balls connected by a string flying in the air. One lags the other and never will they find equilibrum. High followed by a low and vice versa. Too low and what comes next will be very high. Don't wish for too low.

[chrismarte]

^^^ totoo yan. dito sa qatar daming natangal sa QP.

Sa rasgas may mga natanggal na since last year bago ako umexit ng Qatar pero binigyan sila nang "graceFULL" exit. Yung mga contractor ng QSgtl nagbawas din kahit alam nila na may malaking S/D sila ulit 1st qtr next year.

Btt: enjoy na natin habang mataas ang palitan sakto maaga nagpasahod malas wala sa pinas

[StockEngine]

dalwa ang basis ng presyo ng fuel diba? USD to PHP exchange and crude oil price, one goes up then the product price goes up din... 34PHP to 1USD lang dati, ngayon 37 PHP to 1 USD na!

Fuel price is driven by many factors, but a huge factor is supply and demand.

[macsd]

Peso falls to 47.15 to the dollar | Inquirer Business

The peso opened at its lowest level for the year following a strong US employment report that bolstered expectations of a rate hike by the US Federal Reserve in December.

On Monday, the local currency started trading at 47.10-to-$1. Before noon, the peso’s intra-day low was 47.15: $1. Last Friday, the peso closed at 46.935: $1.

Should the peso close at its intra-day low or at its opening price, it would be the weakest level in more than five years. The currency’s weakness follows a report at the weekend showing US unemployment at its lowest since 2007, fueling a rally for the greenback.

[StockEngine]

Nov 12 when new reports that the feds increase the rates gradually starting december...aabot 48-50. Mabuhay ofws 😊

[dreamur]

Nov 12 when new reports that the feds increase the rates gradually starting december...aabot 48-50. Mabuhay ofws 😊

Ayos! Unloadus maximus!

[yebo]

nice! tama sa pagtanggap ng annual bonus!