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BI Survey: Indonesia's Retail Sales rise 1.3% YoY in Nov, Rupiah at 21-month highs

Indonesia's Retail Sales grew by 1.3% on the year in November vs. a 3.6% jump seen in October, the latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, released on Friday.

The Indonesian Rupiah (IDR) hit fresh 21-month highs vs. the US dollar at 13,797.50 last hour, as USD/IDR extended four-day losing streak on Friday. At the press time, the spot trades at 13,805, down 0.21% on the day.

Easing Mid-East tensions combined with optimism surrounding the US-China phase one trade deal signing continue to underpin the Asian currencies.

  • USD/CNH Technical Analysis: Off 5.5-month lows, but bears remain in control

WTI Technical Analysis: Under pressure, hourly chart favors re-test of Thursday's low

West Texas Intermediate (WTI) oil is currently trading at $59.40 per barrel, representing a 0.25% gain on the day. The hourly chart relative strength
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USD/JPY Technical Analysis: Weekly close beyond 109.70/75 will be a call to bulls

USD/JPY takes the bids to 109.55 during initial trading session on Friday. In doing so, the pair registers a bullish candlestick formation on the weekly chart.
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