USD/IDR still seen within the 14,335-14,385 range – UOB

Market news

19 April 2022

USD/IDR still seen within the 14,335-14,385 range – UOB

According to Quek Ser Leang at UOB Group’s Global Economics & Markets Research, USD/IDR remains poised to keep trading in a side-lined fashion between 14,335 and 14,385 for the time being.

Key Quotes

“USD/IDR traded sideways and within narrow ranges for the past few weeks and indicators are mostly flat.”

“Further sideway-trading would not be surprising, likely within a range of 14,335/14,385.”

Currencies. Daily history for Tuesday, April 19, 2022

Commodities. Daily history for Monday, April 18, 2022

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