Forex News USD/PHP extends fall on retreating oil prices, breaking key 44.00 psychological support; appears poised to test 43.75 next. Pair last at 43.86 after trading in moderate volume between 43.83-43.95 vs previous 44.02 close, a 7-week low. "We have yet to see the central bank in the market," says a local bank trader. "It looks like after yesterday's steep drop, the pair is poised to continue trading lower but in a tight range."
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