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The Indonesian rupiah approaches a historic low against the U.S. dollar, influenced by fiscal worries and government spending plans.
The Singapore dollar has reached its highest level in over a decade, boosting outbound travel and curbing inflation, but also putting pressure on exporters and local businesses. While sectors like logistics and finance benefit, retail, hospitality, and exports face challenges from the strong currency.
Indonesia is an archipelago of over 17,000 islands, making it the world’s largest island country. Indonesia is home to some of the most biodiverse ecosystems on the planet. The country is also home to a wide variety of cultures, wi...
Bias: range-bound, current AUD/IDR sits above its 90-day average and in the upper half of the 3-month range.
Bias: The EUR/IDR is above its 90-day average and sits in the upper half of the three-month range, yielding a bullish-to-range-bound bias.
Bias: bullish-to-range-bound, with GBP/IDR above the 90-day average and in the upper half of the 3-month range.
Bias: USD/IDR is bullish-to-range-bound, above the 90-day average and near the upper half of the three-month range, with trades poised in a narrow corridor.