The rupiah weakened 0.04% to Rp18,089 per US dollar on Friday, as Asian currencies moved in mixed directions and major developed-market currencies also fell against the dollar. An analyst attributed the rupiah’s modest decline to global risk-off sentiment, while strong Indonesian third-quarter GDP data limited the loss.
A weaker rupiah can raise the cost of imported feed commodities priced in dollars. The broad dollar strength 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.