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The rupiah weakened sharply on Monday to close at 16,448 per dollar after US tariffs on Canada, Mexico and China and retaliation by Canada and China. The dollar index rose to 109.7 amid global trade uncertainty.
Escalating US-China tariffs weigh on Chinese demand for US and other farm commodities and on emerging-market currencies that drive Indonesian feed import costs.
jakartaglobe.idIndah HandayaniFeb 3, 2025Not enough comparable past events yet for a historical read.
After 45 past bullish trade events, DXY moved a median -0.0% over 5 sessions (42% higher; middle half -0.3% to +0.4%), and -0.0% 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.
