The latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, showed that the country’s Consumer Confidence Index worsened to 121.7 in January when compared to 126.4 booked in December. FX Implications The USD/IDR pair dropped to a new four-day low of 13,645 earlier today, as easing coronavirus fears underpinned the Asian currency that tracked that recent gains in the Chinese yuan. At the press time, USD/IDR consolidates the drop near 13,650, down -0.12% on the day. The Indonesian rupiah stalls its upbeat momentum amid deteriorating Indonesian consumer confidence, as the virus worries seem to weigh. USD/IDR stays on the back foot amid broadly positive Asian markets FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY Price Analysis: Refreshes two-week high above 61.8% Fibonacci FX Street 2 years The latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, showed that the country’s Consumer Confidence Index worsened to 121.7 in January when compared to 126.4 booked in December. FX Implications The USD/IDR pair dropped to a new four-day low of 13,645 earlier today, as easing coronavirus fears underpinned the Asian currency that tracked that recent gains in the Chinese yuan. At the press time, USD/IDR consolidates the drop near 13,650, down -0.12% on the day. The Indonesian rupiah stalls its upbeat momentum amid deteriorating Indonesian consumer confidence, as the virus worries seem to weigh. USD/IDR stays… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
