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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

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Spot USD/IDR has crept higher, having a look above yesterday's high. The rate last sits +40 figs at IDR14,313, with bulls setting their sights on the 200-DMA at IDR14,397. Bears need a fall below the 100-DMA at IDR14,250 before taking aim at IDR14,145, which represents the low print of May 10 & recent cycle low.

  • USD/IDR 1-month NDF last seen +11 figs at IDR14,376. A break above May 13 high of IDR14,403 would open the 200-DMA at IDR14,444, while a dip through trendline support at IDR14,316 would expose May 7 low of IDR14,133.
  • SOE Min Thorir will provide an update on the private-funded Covid-19 vaccination programme, which kicked off yesterday.
  • Coming up during the remainder of this week: Badan Pusat Statistik Indonesia will release trade data on Thursday, before BI publishes quarterly BoP current account balance on Friday.