USD/IDR now points to some consolidation near term – UOB
Following the recent price action, USD/IDR could now embark on a consolidative phase, likely between
Financial and Business News
Following the recent price action, USD/IDR could now embark on a consolidative phase, likely between
USD/IDR progressively headed higher in June. Nevertheless, economists at MUFG Bank see some reasons to
Further upside in the short-term horizon looks likely in USD/IDR, commented Quek Ser Leang at
Sellers could push USD/IDR below the 14,500 region in the near term, suggested FX Strategist
Bank Indonesia (BI) kept policy rates unchanged at 3.5%, matching the market consensus, as BI
USD/IDR is expected to navigate within the 14,600-14,740 range in the near term, suggested Quek
According to Quek Ser Leang at UOB Group’s Global Economics & Markets Research, USD/IDR remains
USD/IDR extends early-week pullback from the 200-DMA ahead of the key central bank announcement. Bank
Indonesia's Retail Sales improved further to 15.2% on the year in January vs. a 13.8% rise
The latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, showed that the