# USD/IDR stays under pressure ahead of Indonesia trade numbers — Octa

> The rupiah traded near 14,075 per dollar as optimism over US-China trade talks and broad dollar weakness pressured the pair. Indonesia's October trade balance data was due, with a deficit forecast, and Beijing was reported to welcome US poultry.

- Date: 2019-11-15 · published 2019-11-15T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/56391-usd-idr-stays-under-pressure-ahead-of-indonesia-trade-numbers-octa
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Trade optimism and a firmer rupiah lower the local cost of dollar-priced feed imports, though the trade balance release could shift direction.

## Read by commodity

- USDIDR: bearish ▼
- CHICKEN: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/773462/

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