USD/IDR climbs to near 15,400 despite the potential market intervention by Bank Indonesia

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

USDIDR 뉴스

Macroeconomics,Indonesia,Riskaversion

USD/IDR extends its winning streak for the third successive day, trading around 15,400.00 during the early European hours on Thursday.

USD/IDR rises due to risk aversion amid rising Middle-East tensions. The US Dollar receives support from the decreasing odds of a Fed’s bumper rate cut in November. Bank Indonesia might have intervened in the FX market to support the Rupiah by ensuring the balance of supply and demand. The Indonesian Rupiah lost around 1% against the US Dollar as the rising geopolitical tensions have dampened the risk appetite.

In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest. What are the key assets to track to understand risk sentiment dynamics? Typically, during periods of “risk-on”, stock markets will rise, most commodities – except Gold – will also gain in value, since they benefit from a positive growth outlook.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 14. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Archer Surpasses 400 Test Flights This Year, Achieving Company Milestone Four Months Ahead Of ScheduleClean Tech News & Views: EVs, Solar Energy, Batteries
출처: cleantechnica - 🏆 565. / 51 더 많은 것을 읽으십시오 »