Free Trial

USD/IDR last trades -58 pips at..........>

DOLLAR-IDR
DOLLAR-IDR: USD/IDR last trades -58 pips at IDR14,465, the greenback is
pressured by positive risk sentiment. Bears need a fall through the 200-DMA at
IDR14,367 before targeting Jun 26 low of IDR14,105. Bulls look o take out Jul 3
high/50-DMA at IDR14,587/14,593, which would expose May 27 high of IDR14,780.
- An influential parliamentary Commission XI holds a hearing with FinMin
Indrawati at the top of the hour on the "burden-sharing plan", i.e. a proposed
agreement with the central bank, according to which BI would buy sovereign bonds
at preferential or possibly zero rates. 
- Indonesia's consumer confidence index comes out later today.

To read the full story

Close

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.