Ringgit ends higher against US dollar on renewed risk appetite

Not enough comparable past events yet for a historical read.

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Mar 27, 2020Ringgit extends gains against US dollar in early session | FMT+37.1%
• Dec 6, 2022Ringgit ends lower against US dollar as oil prices decline | Malay Mail-5.0%
• May 28, 2020Ringgit eases against USD+13.8%
• Feb 22, 2018Feb 22: Ringgit slips against US dollar for fourth consecutive day-0.3%
• Jan 29, 2019How the rupee strengthened against the U.S. dollar - The Hindu+5.2%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Jul 26, 2021Ringgit ends lower against US dollar | Malay Mail+3.4%
• Sep 18, 2026Ringgit opens higher against US dollar as oil prices ease | The Star-0.3%
• Dec 6, 2022Ringgit ends lower against US dollar as oil prices decline | Malay Mail-6.1%
• Nov 29, 2022Ringgit retreats to open lower against US dollar | Malay Mail-0.4%
• May 29, 2026Ringgit opens higher against US$ in improved sentiment | The Star+4.9%