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Don’t Be Misled by the Dollar’s Weakness

Monday, June 30, 2025

Trump’s attack on the Fed rattled confidence in the dollar. The rupiah’s gains reflect dollar weakness.

arsip tempo : 177303725148.

Illustration. TEMPO/Alvin Siregar. tempo : 177303725148.

AFTER two weeks of heightened geopolitical anxiety, the sudden de-escalation of military tensions between Iran and Israel—with direct United States support—offered global markets a rare reprieve. Traders across asset classes responded swiftly. Oil prices, the most immediate proxy for conflict risk in the Middle East, fell sharply.

Brent crude, the global benchmark, dropped to US$68 per barrel—down 12 percent in just one we

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Yopie Hidayat

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