The peso sank as data released on Thursday showed that GDP growth fell below target in 2025, the first trader said in a phone interview. “The peso weakened significantly following the weaker than expected Philippine GDP growth and the hawkish policy statements from US Federal Reserve Chair Jerome H. Powell,” the second trader said in an e-mail. This brought full-year 2025 GDP growth to 4.4%, well below the government’s 5.5%-6.5% goal. For Friday, the second trader said the peso could rebound ahead of a likely softer US producer inflation report. The second trader sees the peso moving between P58.85 and P59.10 per dollar on Friday, white the first trader expects it to range from P58.80 to P59.10.