USD/IDR faces further consolidation near term – UOB

Market news

20 March 2023

USD/IDR faces further consolidation near term – UOB

USD/IDR us now expected to navigate within the 15,285-15,450 range in the short term, according to Markets Strategist Quek Ser Leang at UOB Group.

Key Quotes

“USD/IDR traded between 15,250 and 15,450 last week, narrower than our expected consolidation range of 15,330/15,450.”

“The price actions offer no fresh clues and we continue to expect USD/IDR to consolidate. Expected range for this week, 15,285/15,450.”

Currencies. Daily history for Monday, March 20, 2023

Commodities. Daily history for Friday, March 17, 2023

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