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FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish

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USD/IDR well bid, BI caps

Monday, March 16, 2015 2:50 AM UTC

USD/IDR maintains firm stance above 13200, high at 13245 so far
BI intervenes again to restrict volatility, topside seen at 13250 intraday
Strong demand from corporate, outflows, bullish USD theme strengthens
Feb trade data eyed, exports likely -7.60%y/y, imports -6.80%, trade 0.52bln
USD/IDR last at 13235-245, traded 13220-245 range; NDFs 13380-410

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USD/IDR well bid, BI caps

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