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Softer

IDR

Spot USD/IDR trades +26 figs at IDR14,379, broader risk sentiment provides the main driver. Bulls look to a move through Dec 6 cycle high of IDR14,447, while bears keep an eye on yesterday's low of IDR14,317, followed by the 100-DMA/Nov 30 low at IDR14,295/14,293.

  • USD/IDR 1-month NDF last -2 figs at IDR14,417. Bears keep an eye on Dec 9 low/100-DMA at IDR14,340/14,337, while bulls look for a jump above Dec 3 high of IDR14,545.
  • Bank Indonesia meet next Thursday for the final time this year. Elsewhere, Indonesia's trade data will hit the wires on Wednesday.

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