USD/IDR Price News: Rupiah trims intraday losses below $15,000 on Indonesia trade dataNEWS |
4/15/2021 4:39:20 AM GMT
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By Anil Panchal
USD/IDR pulls back from intraday top on upbeat Indonesia Exports for March.
US dollar’s bounce, covid woes in Asia test the pair’s latest consolidation.
Risk catalysts keep the driver’s seat, US data also important to watch.
USD/IDR eases to $14,650, up 0.25% intraday, during the early Thursday. The pair’s latest pullback could be traced to the upbeat Indonesian Exports for March. However, the US dollar’s corrective move and the recent challenges to the risks test the pair’s retreat.