I know some things can alter pH, perhaps the peat moss is affecting and lowering it? I'm sorry I'm not much help, but maybe someone else could help out now your post is bumped up a bit!
Edit: Bingo, got it! I googled it for you and from this site (scroll down to Lowering pH section)
http://freshaquarium.about.com/cs/wa.../a/mathcph.htm
"
Lowering pH
Lowering pH is not as easy as raising it. Filtering over peat moss is the method of choice. It is continuous and relatively easy to do. The use of bogwood to decorate the aquarium has a similar effect, although it's not as easy to maintain as using peat moss in the filter."
So peat moss does affect the pH and lower it!