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4 Mar 2020

Indonesian FinMin Indrawati: US Fed's rate cut could trigger capital inflows

Indonesian Finance Minister Sri Mulyani Indrawati predicted on Wednesday, investors will once again buy assets of countries with good economic prospects.

She responded following a rate cut of 50 bps by the US Federal Reserve (Fed), in an emergency move to fight the coronavirus impact on the US economy.

"The external pressure on the interest rate side is reduced by this, so capital owners can see, realistically, opportunities in countries like ours, because we're in a relatively positive state," she noted.

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Mar 4, 2020

GBP/USD struggles to remain above 1.2800 ahead of UK Services PMI

GBP/USD seesaws around 1.2812, up 0.03%, while heading into the London open on Wednesday. The Cable recently benefited from the broad US dollar weakne
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Mar 4, 2020

USD/CHF Price Analysis: 0.9610/15 challenges recovery from multi-month low

USD/CHF recovers 0.11% from the lowest since September 2018 amid the pre-Europe session on Wednesday. With the RSI conditions oversold, the quote seem
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