Sabrina Jacobs
Sabrina Jacobs
cautious indonesia looking medium positive scare
Over the medium term, it's still looking positive for Indonesia and the currency. They're going to be cautious not to scare off investors.
bank central comments cutting indication latest lead likely lower quite rates suggestion thinking weaker
These latest comments are quite worrying, as it's the first indication that the central bank is thinking about cutting the rate. The suggestion that we're going to get lower rates is likely to lead to a weaker currency.
added data fuel ongoing possible timing
There's ongoing speculation over a possible end to quantitative easing...today's data has added more fuel to the fire. But the timing is still very uncertain.
hike looking near people rate supporting
In the near term, people are looking at the ECB and a rate hike in March. That is supporting the euro.