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Ahead of the Fed decision due early on August 1, 2019, the rupiah edged up only modestly. Futures pricing showed about 78% odds of a 25 basis point Fed cut and 22% odds of a 50 basis point cut.
Expectations of Fed easing shape dollar direction and therefore the rupiah's exchange rate against the dollar, which feeds into Indonesian import costs.
cnbcindonesia.comPutu Agus PransuamitraJul 31, 2019Not enough comparable past events yet for a historical read.
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.
