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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 Weakens After Tuesday's Inflation Miss
Spot USD/IDR trades +16 figs at IDR14,353 after trimming some of its initial gains. A break above Feb 24 high of IDR14,387 would allow bulls to target Feb 7 high of IDR14,408. Bears need a fall through Feb 16 lows of IDR14,253 to regain poise.
- USD/IDR 1-month NDF last seen -50 figs at IDR14,380. Bears look for a dip through Feb 15 low of IDR14,255, with bulls looking to a rebound above Feb 24 high of IDR14,506.
- As a reminder, Indonesian headline CPI inflation missed expectations. The local statistics authority noted that government subsidies helped soften the impact of higher commodity prices.
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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.