Building Forex Literacy Among Filipinos: Why It Matters More Than Ever
In a world where currencies shift in value every second, financial literacy—particularly in Forex trading—has become a critical skill. Yet in the Philippines, while millions of Overseas Filipino Workers (OFWs) contribute to the economy through remittances and countless citizens engage in financial products, many still lack a deep understanding of how global markets affect their daily lives.
Why the Peso Rises and Falls: Understanding USD/PHP Movements
In the Philippines, many of us check the U.S. Dollar to Philippine Peso (USD/PHP) rate almost as often as we check the weather. Whether it’s for OFW remittances, imported goods, or fuel prices, the peso’s value affects every Filipino. But what really drives these changes? Why does the peso strengthen one month and weaken the next?