# USD Gains on Fed to Add Pressure, IDR at Support – ASEAN Weekly | Nasdaq

> A DailyFX weekly outlook says the US dollar finished higher last week, while the Philippine central bank intervened to support the peso. The Indonesian rupiah was supported by weaker US GDP data and new Bank of Indonesia measures to attract foreign investors. The piece flags upcoming Fed, BoE and euro-area CPI releases and the risk of US auto tariffs.

- Date: 2018-07-29 · published 2018-07-29T12:00:00.000Z
- Category: macro · region ASEAN · magnitude low
- Page: https://feedsoft.ai/events/64363-usd-gains-on-fed-to-add-pressure-idr-at-support-asean-weekly-nasdaq
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes dollar-priced feed commodities more expensive for Southeast Asian buyers and can dampen demand. Currency moves in the region also affect import affordability for feed ingredients.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-02-11 | [The Commodities Feed: US Fed pressure weighs on the commodities complex \| snaps \| ING THINK](https://feedsoft.ai/events/42647-the-commodities-feed-us-fed-pressure-weighs-on-the-commodities-complex-snaps.md) | +0.1% | +2.2% |
| DXY | 2024-11-01 | [US election pressures and data drive AUD/USD to a four-week low](https://feedsoft.ai/events/28121-us-election-pressures-and-data-drive-aud-usd-to-a-four-week-low.md) | -0.0% | +1.9% |
| DXY | 2026-03-31 | [GBP/USD Faces Pressure as UK Stagflation Outlook Weighs on Sterling \| Investing.com](https://feedsoft.ai/events/20429-gbp-usd-faces-pressure-as-uk-stagflation-outlook-weighs-on-sterling-investing.md) | -0.7% | -2.3% |
| DXY | 2021-04-28 | [US Growth and Fed's Policy Outlook to Lift Yields Again, Lending Support to USD - ActionForex](https://feedsoft.ai/events/47824-us-growth-and-fed-s-policy-outlook-to-lift-yields-again-lending-support-to-usd.md) | +0.3% | -1.0% |
| DXY | 2023-03-08 | [USD to extend its gains short term, but a broad-based decline is only delayed – ING — Octa](https://feedsoft.ai/events/37063-usd-to-extend-its-gains-short-term-but-a-broad-based-decline-is-only-delayed.md) | -0.4% | -1.9% |

## Sources

- nasdaq.com: https://www.nasdaq.com/articles/usd-gains-fed-add-pressure-idr-support-asean-weekly-2018-07-29

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