The alleviation of tension between Washington and Tehran and Phase One negotiation cranked IDR's rate.

Indonesian forex experts, however, warned that the strengthening might not last long.

The market player denied the chance that Iran would attack U.S military bases in the Middle East since it would only disrupt the crude oil export.

The market is afraid of the speculation that a war will rage in the Middle East between the two countries.

From the weakening of the U.S obligation yield and trade war, IDR started 2020 right.

Indonesian forex experts predicted that the weakening of IDR would be temporary after the joyful trade negotiation between the U.S and China.

For the day, IDR is moving around Rp13.890 - Rp13.950/USD.

IDR’s strengthening was supported by the positive sentiments shadowing the movement of risk assets in the already strengthening stock exchange.

Thanks to the "Phase One" negotiation between the U.S and China, IDR is moving forward.

From stock exchange to Phase One negotiation, IDR came back to under Rp14,000/USD

Putting aside the trade war, the Indonesian forex experts pointed out that the stable condition of the domestic economy supported IDR’s rate.

The weakening of IDR was mainly caused by the uncertainty of the “Phase One” negotiation between the U.S and China.