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4 Sep 2023

Extra consolidation likely in USD/IDR – UOB

There is still scope for USD/IDR to keep navigating within a 15,185-15,300 range for the time being, suggests Markets Strategist Quek Ser Leang at UOB Group.

Key Quotes

Last week, we expected USD/IDR to trade sideways between 15,240 and 15,340. However, it traded in a lower range of 15,210/15.298.

There is no clear increase in downward momentum and we continue to expect USD/IDR to trade sideways, probably between 15,185 and 15,300. 

Sep 4, 2023

USD/CAD consolidates around 1.3600, investors sidelined ahead of BoC monetary policy

The USD/CAD pair remains sideways after a vertical rally near the round-level resistance of 1.3600 in the late European session. The Loonie asset is e
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Sep 4, 2023

EUR/JPY Price Analysis: Decent support emerges around 157.00

EUR/JPY regains some upside traction and reverses two straight sessions of losses at the beginning of the week. The continuation of the uptrend could
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