OctaFX | OctaFX Forex Broker
Open trading account
Back

Fitch affirms Indonesia at 'BBB', outlook 'Stable', USD/IDR sits at 23-month lows

In its latest credit assessment report on Indonesia, Fitch Ratings affirmed Indonesia’s sovereign credit rating at ‘BBB’ while maintaining a ‘Stable’ outlook.

Indonesia's GDP growth is likely to remain resilient in the next few years, Fitch added in its report.

Separately, Bank Indonesia’s Governor Warijyo was reported, as saying that inflation in the first four weeks of January seen at 2.82% YoY.

At the press time, USD/IDR trades close to a new 23-month low reached at 13,570 in the last hour.

  • USD/IDR Price Analysis: Ignores Thursday’s Doji, breaks multi-month-old support line

EUR/USD: Strong support emerges at 1.1030 – UOB

According to FX Strategists at UOB Group, further declines in EUR/USD should meet solid contention in the 1.1030 region. Key Quotes 24-hour view: “EUR
Read more Previous

USD/CHF consolidates ahead of a potential move higher – Commerzbank

Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, suggested the pair could attempt a move to the 0.9760 region and even surpass
Read more Next
Start livechat