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Flows − USD/IDR consolidates; Garadu to fly to Europe after 5 year hiatus
Wed, Nov 11 2009, 04:40 GMT
by FXMarketAlerts Team
Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 03:32 (GMT) 11 Nov
The pairing remains in a consolidative mood. Prices hit 9425 highs as the dollar found some support on EUR and AUD sales post knee-jerk reaction to China data. Amidst mixed prints in the Asian bourses, IDX managed to gain 0.5%, still riding on the positives from yesterday's GDP figures. Expect range bound trades for now above the 9400-figure. In corporate news, national carrier Garuda Indonesia will resume European services after 5 years hiatus with the first flight on June 1 next year. JA
Published on Wed, Nov 11 2009, 04:43 GMT
Archive
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Published On Tue, Feb 9 2010, 03:48 GMT
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