# Jackson Hole in Focus for USD/SGD, USD/THB, USD/IDR, USD/PHP | Forex trading, free forex education | Forex.ca

> The US dollar gained against most ASEAN currencies in the past week, including the Singapore dollar, Thai baht and Indonesian rupiah. The Philippine peso was the exception. Traders were positioning ahead of the Federal Reserve's Jackson Hole symposium, where the Fed could signal when it will begin tapering its balance sheet.

- Date: 2021-08-23 · published 2021-08-23T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/45835-jackson-hole-in-focus-for-usd-sgd-usd-thb-usd-idr-usd-php-forex-trading-free
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Dollar strength and expectations of Fed tapering raise the local-currency cost of dollar-priced feed imports across Southeast Asia. Tighter liquidity could also reduce capital flows into emerging markets.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-23 | [US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/54383-us-dollar-fundamental-outlook-usd-sgd-usd-idr-usd-myr-usd-php-forex-trading.md) | -2.0% | -1.7% |
| DXY | 2021-07-13 | [USD/MXN Jumps on Sizzling U.S. Inflation. Will Traders Fade this Move? \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/46282-usd-mxn-jumps-on-sizzling-u-s-inflation-will-traders-fade-this-move-forex.md) | +0.7% | +0.6% |
| DXY | 2022-08-29 | [Japanese Yen Slips Against US Dollar as Powell Confirms Hikes. Where to for USD/JPY? \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/40268-japanese-yen-slips-against-us-dollar-as-powell-confirms-hikes-where-to-for-usd.md) | +0.6% | +4.4% |
| DXY | 2021-09-27 | [Higher U.S. Yields Weigh on EMFX, Banxico on Tap this Week \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/45299-higher-u-s-yields-weigh-on-emfx-banxico-on-tap-this-week-forex-trading-free.md) | +0.5% | -0.1% |
| DXY | 2021-03-29 | [US Dollar May Still Have Edge as Emerging Markets Underperform Ahead of NFPs \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/48383-us-dollar-may-still-have-edge-as-emerging-markets-underperform-ahead-of-nfps.md) | -0.0% | -1.5% |

## Sources

- forex.ca: https://www.forex.ca/jackson-hole-in-focus-for-usd-sgd-usd-thb-usd-idr-usd-php/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.