The peso’s rebound after the U.S.-Iran ceasefire is reportedly seen as short-lived, with seasonal selling pressure cited as a risk to fresh record lows.
The Philippine peso’s rally after the U.S.-Iran ceasefire is reportedly expected to lose momentum quickly, as strategists warn that seasonal selling pressure could drive the currency to new record lows. The report frames the rebound as a temporary reaction to easing geopolitical tension rather than a durable shift in underlying market pressures, highlighting how cyclical foreign-exchange flows can reassert themselves once headline-driven relief fades.