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The rupiah weakened 0.20% to 16,755 per dollar on January 29 as expectations that US interest rates will stay high longer strengthened the dollar. The Federal Reserve held its policy rate at 3.5-3.75%.
The move is driven by US rate expectations and the dollar, not by a commodity-specific event. It has little direct effect on feed prices.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.