# Why US$100 oil, 5% US yields affect Singdollar, ringgit differently vs other Asean currencies - The Business Times

> Crude oil rose above US$100 a barrel after Houthi drone attacks knocked out a Saudi pipeline that bypasses the closed Strait of Hormuz, with Brent above US$105. The US 10-year Treasury yield crossed 5% for the first time in three years, and traders expected a Fed rate hike.

- Date: 2026-09-16 · published 2026-09-16T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/17725-why-us-100-oil-5-us-yields-affect-singdollar-ringgit-differently-vs-other-asean
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Higher energy costs and stronger dollar yields are pressuring Asian currencies unevenly, which raises import costs for feed ingredients and freight priced in dollars. The effect is mainly on the cost side for feed buyers in the region.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- BRENT: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2021-01-13 | [Ringgit up 140 bps against US dollar on oil price rally, lower US treasury yields](https://feedsoft.ai/events/49423-ringgit-up-140-bps-against-us-dollar-on-oil-price-rally-lower-us-treasury-yields.md) | -1.1% | +8.2% |
| BRENT | 2016-11-30 | [Seoul: Won down at 1-week low as US dollar jumps after Opec deal; stocks up - The Business Times](https://feedsoft.ai/events/74046-seoul-won-down-at-1-week-low-as-us-dollar-jumps-after-opec-deal-stocks-up-the.md) | +16.7% | +22.1% |
| BRENT | 2026-03-30 | [Ringgit, regional currencies end lower vs US dollar as geopolitical tensions persist \| Malay Mail](https://feedsoft.ai/events/20414-ringgit-regional-currencies-end-lower-vs-us-dollar-as-geopolitical-tensions.md) | +1.2% | -5.1% |
| BRENT | 2018-06-28 | [Indian rupee hits record low against US dollar; RBI intervenes - The Business Times](https://feedsoft.ai/events/64797-indian-rupee-hits-record-low-against-us-dollar-rbi-intervenes-the-business-times.md) | +0.7% | -4.0% |
| BRENT | 2021-08-24 | [Dollar slips further as oil rallies, commodity currencies gain \| Reuters](https://feedsoft.ai/events/12117-dollar-slips-further-as-oil-rallies-commodity-currencies-gain-reuters.md) | +5.7% | +7.0% |
| WTI | 2016-11-30 | [Seoul: Won down at 1-week low as US dollar jumps after Opec deal; stocks up - The Business Times](https://feedsoft.ai/events/74046-seoul-won-down-at-1-week-low-as-us-dollar-jumps-after-opec-deal-stocks-up-the.md) | +12.5% | +19.3% |
| WTI | 2017-05-26 | [Ringgit jumps on Opec, yuan at three-month high, other Asian currencies drift \| Malay Mail](https://feedsoft.ai/events/71274-ringgit-jumps-on-opec-yuan-at-three-month-high-other-asian-currencies-drift.md) | -2.1% | -11.9% |
| WTI | 2019-07-28 | [C$ steadies, after hitting 1-month low on better-than-expected US data - The Business Times](https://feedsoft.ai/events/58338-c-steadies-after-hitting-1-month-low-on-better-than-expected-us-data-the.md) | -0.8% | -3.5% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/why-us100-oil-5-us-yields-affect-singdollar-ringgit-differently-vs-other-asean-currencies

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.