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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessRupiah Softens In Sync With Regional Peers With Local Catalysts Missing
Spot USD/IDR operates +45 at IDR14,065 after rising in tandem with most of the other USD/Asia crosses. A push through the 50-DMA at IDR14,120 would give bulls a green light for targeting the 31.8% recovery of the Oct 14 - Jan 4 slide/Jan 12 high at IDR14,204/14,205. Conversely, a pullback under Friday's low of IDR14,020 would open up Jan 4 cycle low of IDR13,865.
- The earthquake which hit the Sulawesi island last Friday killed at least 81 people, while almost 30,000 survivors were moved to shelters.
- Bank Indonesia is set to deliver its MonPol decision on Thursday and according to the consensus policymakers should stand pat this time.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.