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USD/IDR Lower in Morning Trading Ahead of NFP tonight

IDR
  • USD/IDR is down at 15, 375 in Jakarta morning; versus Thursday’s close of 15,398.
  • Bloomberg Asia dollar spot index is up 0.10% in morning trade and the Bloomberg Dollar spot index is 0.08% lower.
  • For spot USD/IDR recent lows rest at 15310. The continued drift lower in US yields from Thursday's session is aiding IDR sentiment. Other South Asia currencies are also firmer in the first part of Friday trade, with PHP and THB the standouts.
  • USD/IDR one-month implied volatility is up this morning to 8.21%, versus 8.20% close on Wednesday.
  • Indonesia's 10-year bond yield is flat at 6.63%
  • Indonesia 5 yr USD CDS at 69bps (yesterday close 69bp, 5-year low 58bp in 2020).

Data Releases

  • Foreign Reserves September 06

Government Bond Auction

  • None today

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