Peso climbs to 59:$1 level on US-Iran peace hopes

MANILA, Philippines — The peso strengthened to the 59-per-dollar level on Thursday as the greenback softened amid investor optimism over a possible peace deal between the United States and Iran. The currency gained 14.5 centavos to close at 59.97 against the dollar after touching an intraday high of 59.85. Gold prices also climbed, buoyed by the