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The rupiah weakened because markets believe the Federal Reserve will not cut rates soon, due to inflation risks from Trump's planned 25% tariffs on Canada and Mexico. Possible additional tariffs on China and BRICS are also cited as pressure.
Expectations of a stronger dollar lift the cost of imported feed inputs for Indonesian buyers.
antaranews.comM Baqir Idrus AlatasJan 31, 2025Not 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.
