BI may still need to tighten – MUFG

BI may still need to tighten – MUFG

MUFG’s Lloyd Chan reports that Bank Indonesia kept its policy rate at 5.75%, surprising expectations for a hike, as recent Rupiah stabilization allowed policymakers to stay on hold. Governor Perry Warjiyo favors targeted inflow-support measures over higher rates, but MUFG still expects further BI tightening due to elevated US Treasury yields and global uncertainties. BI […]

Swiss Franc hits 13-month low as rising Oil prices boost Fed rate hike bets

Swiss Franc hits 13-month low as rising Oil prices boost Fed rate hike bets

USD/CHF climbs to its highest level since June 2025 on Thursday, supported by a broadly stronger US Dollar (USD) as the expanding war in the Middle East pushes Oil prices higher and strengthens Federal Reserve (Fed) rate hike expectations. At the time of writing, the pair trades around 0.8170, extending gains for the fourth straight […]