◂ Event Timeline

Oct 31, 2024MACROUS

Rupiah diproyeksikan menguat terbatas setelah data PDB AS lebih lemah

Analysts expected the rupiah to strengthen only modestly on October 31 after weaker-than-expected US third-quarter GDP growth of 2.8%. Stronger-than-expected ADP employment data of 233,000 jobs was seen limiting the gains.

WHY IT MATTERS

A softer US growth outlook can ease dollar strength over time, but the stronger jobs data keeps near-term dollar support in place for dollar-priced feed imports.

AFFECTSUS Dollar (Broad)◆

SOURCE
antaranews.comMartha Herlinawati SimanjuntakOct 31, 2024

Price reaction & history

US Dollar (Broad)◆neutralSO FAR1d -0.0%5d +0.7%20d +1.4%

After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.

Jul 30, 2020Kurs Rupiah melemah setelah The Fed tahan suku bunga - ANTARA News Papua-0.3%
Aug 30, 2024Rupiah merosot seiring pasar tunggu rilis PCE AS - ANTARA News+0.2%
May 31, 2024Penurunan PDB AS Jadi Batu Loncatan Penguatan Rupiah+0.3%
May 28, 2024USD/IDR Melanjutkan Rally, Rupiah Uji 16.100, Pedagang Tunggu Data PCE AS — Octa+0.6%
Aug 30, 2021Taper Tantrum Menciut, Rupiah Tembus Rp 14.300/US$ Pekan Ini?-0.7%

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.

US Dollar (Broad) DXY · GP ▸

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