Friday, December 16, 2016

USD sustain gains after the FOMC meeting with solid US economic data released

Safe haven currency pairs USD / IDR this morning, Friday December 16, 2016 opened at 13410/13430 level and is expected to be traded in the range 13400-13500.

From the global FX markets yesterday, the USD sustain gains after the FOMC meeting with solid US economic data released yesterday evening. US CPI data is the period of November rose 1.7% y / y and the US Core CPI remains 2.1% y / y, in line with expectations. Meanwhile US Jobless Claims fell 4k be 254k. From the UK, BOE yesterday decided to keep the benchmark rate at 0.25% and the asset purchase target at GBP 435 billion. Meanwhile, the Euro Zone and Australia, EUR and AUD are not able to get out of the selling pressure despite the release of economic data that came out rated satisfactory.

From the domestic market, the USD rose early in the session after the Fed decided to raise interest rates by 25 bps and the projected increase in its key interest rate three times in 2017, 1 times more than previously projected. USD strength was halted after the release of economic data in the country was quite good. The Central Bureau of Statistics launched Indonesia's trade balance in November 2016 pocketing the surplus of USD 837.8 million,

The closure of the stock exchange December 15, 2016:
JCI -0.16%
Dow Jones + 0.30%
Nikkei + 0.10%
Straits Times -0.79%
Gold $ 1130
Oil $ 51.14

Foreign Exchange rate indication, December 16, 2016, at 08.30 am:
USD / IDR: 13415/13430
EUR / IDR: 13950/14000
GBP / IDR: 16610/16660
JPY / IDR: 113.30 / 113.70
AUD / IDR: 9855/9880
SGD / IDR: 9280/9310
CNH / S: 1930/1940

1week: 13435/13443
2weeks: 13452/13460
1month: 13485/13491
2months: 13550/13570
3months: 13615/13622

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