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The rupiah fell 0.16% to Rp18,111 per US dollar on November 6, weakening alongside several Asian currencies. The US dollar index rose 0.31% to 101.96 amid uncertainty following the Democrats’ midterm election victory.
A stronger dollar can raise the local-currency cost of dollar-priced imported feed ingredients for Indonesian buyers. The dollar’s gain is supportive for DXY.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.