The ringgit traded slightly weaker against the US dollar during the week, within a range of 3.96 to 3.98, according to Kenanga Research. Higher US Treasury yields and firm crude prices supported the dollar amid US-Iran tensions and inflation concerns.
Firmer US yields and a stronger dollar tend to pressure dollar-priced commodities, though the direct effect on feed markets from this regional currency report is limited.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.