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Indrawati To Speak At IMF Forum

IDR

Spot USD/IDR changes hands +20 figs at IDR14,313 after printing a fresh monthly high earlier in the session. Bulls look to a move through the 50-DMA at IDR14,341 before taking aim at Aug 31 high of IDR14,345. Conversely, a retreat under Sep 22 low of IDR14,233 would open up Sep 17 low of IDR14,212.

  • USD/IDR 1-month NDF last seen -42 figs at IDR14,350. A deeper sell-off past Sep 23/17 lows of IDR14,244/14,240 would please bears, while bulls keep an eye on the 50-DMA/yesterday's peak at IDR14,383/14,394.
  • Looking ahead, Indonesia's monthly CPI and Markit M'fing PMI will be published tomorrow.
  • For the record, FinMin Indrawati will speak at an IMF forum on climate change this afternoon.

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