USD/IDR: Rupiah is vulnerable to near-term fluctuations in the trade balance – MUFG

USD/IDR peaked above 14,700 on 19 May but pulled back after broad dollar weakness emerged. The Indonesian rupiah was adversely affected by export ban
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US Dollar Index comes under pressure and drops to lows near 102.30

The US Dollar Index (DXY), which tracks the greenback vs. a bundle of its main competitors, comes under some selling pressure and tests daily lows ne
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