This post was originally published on this site.USD/IDR depreciates after registering minor gains in the previous day, trading around 17,970 during the Asian hours on Wednesday. The currency pair is under downward pressure as a combination of strong Indonesian economic performance and softening US Dollar (USD) demand weighs on the pair.
Category: Trading
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USD/JPY Price Forecast: Holds steady above 157.50 as bulls await 50-hour EMA breakout
This post was originally published on this site.The USD/JPY pair drifts lower during the Asian session on Wednesday and, for now, seems to have stalled this week’s goodish recovery from the 155.25-155.20 region, or the lowest since May.
