DNP-FX

CHFIDR 27th APRIL 2022

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FX_IDC:CHFIDR   SWISS FRANC / INDONESIAN RUPIAH
The Swiss Franc came under pressure from the Dollar, Euro and others in the mid-week session but would potentially be left at growing risk of further declines over subsequent weeks if the ECB toward a normalised monetary policy. Meanwhile, Rupiah strengthened because the US dollar was under pressure from market concerns about future global economic growth due to the spread of the corona virus in China. While the US central bank's monetary policy, The Federal Reserve is likely to remain aggressive. It is feared that this will depress the pace of the global economy.

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