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A weekly rupiah outlook forecast USD/IDR trading for July 31 to August 4, 2017, based on the July 28 close of 13,326 per US dollar. The outlook highlighted upcoming Indonesian July inflation data and US non-farm payrolls.
It also described the earlier Fed statement as dovish.
The outlook points to inflation and US employment data as the main drivers of the rupiah, which in turn affect the local cost of dollar-priced feed imports.
seputarforex.orgMartinJul 31, 2017Not 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.
