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USD/IDR holds gains near 16,300 as Bank Indonesia delivers a quarter basis point rate cut

USD/IDR extends its winning streak for the third successive session, trading around 16,300 during the European hours on Wednesday. The pair holds gains following the Bank Indonesia (BI) interest rate decision.
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EUR: French political noise returns – ING

Some headlines about French politics might have gotten into the mix on a bad day for the euro yesterday, although no spillover into the OAT-Bund spread means the effect should have been marginal if anything, ING's FX analyst Francesco Pesole notes.
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