Tag Archives: RetailSales

USD/IDR Price News: Rupiah struggles to cheer upbeat Indonesia Retail Sales below 14,900

USD/IDR pares Monday’s heavy losses even after strong Indonesia Retail Sales growth for June. Indonesia cuts export tax threshold for crude palm oil, government expected 5.00-5.2% GDP growth for 2022. Sluggish yields, cautious mood keeps the US dollar on the front foot ahead of Wednesday’s US inflation data. USD/IDR grinds higher around 14,860, paring the… Read More »

NZD/USD steadies below 0.6300 on mixed second-tier NZ data, focus on US inflation

NZD/USD remains sidelined after rising the most in three weeks the previous day. New Zealand Electronic Card Retail Sales improved MoM, dropped on YoY during July. Softer US Treasury yields weighed DXY, China trade numbers favored Antipodeans. Kiwi bears ignored softer prints of Q3 RBNZ Inflation Expectations with eyes on US CPI for July. NZD/USD… Read More »