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The rupiah traded in a range of about 13,308 to 13,339 per dollar on May 2 after the first round of the French presidential election pushed the euro higher and the dollar lower in Asia. The Jakarta reference rate was 13,316 per dollar.
Movements of the dollar against Asian currencies affect the local cost of imported feed inputs, but this short-term currency move has little effect on feed commodity prices.
liputan6.comArthur GideonMay 2, 2017Not enough comparable past events yet for a historical read.
After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
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.
