- Pair remains well bid amid fears of increased foreign outflows
- 5year CDS at highest yesterday, +19bps in last 2 weeks to 180
- Weakness in IDR, higher inflation continue to knock growth outlook
- Pair last at 13335-345, NDFs 13445-13475
Technicals
Add as a preferred source on GoogleUSD/IDR trending back towards 13350, eyes 13385 recent high
Pair remains well bid amid fears of increased foreign outflows 5year CDS at highest yesterday, +19bps in last 2 weeks to 180 Weakness in IDR, higher inflation continue to knock growth outlook Pair last at 13335-345, NDFs…
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