Gold Research
Indonesian Rupiah weakens amid stronger US Dollar, higher oil prices
USD/IDR extends its gains for the fourth consecutive day, trading around 17,730 during Asian hours on Tuesday. The pair rises as the US Dollar (USD) receives…
USD/IDR extends its gains for the fourth consecutive day, trading around 17,730 during Asian hours on Tuesday. The pair rises as the US Dollar (USD) receives support from rising expectations for a US Federal Reserve interest rate hike this week.
Gold impact rationale
Rising rate-hike or hawkish expectations increase gold's opportunity cost.
- Source: FXStreet news
- 2026-09-15
- rates
- dollar
Topics: gold news, gold price impact, rates, dollar