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Most Southeast Asian currencies weakened against the dollar, with USD/PHP nearing 61.00 and USD/IDR near 17,235. The ringgit outperformed.
Oil moves and doubts over US-Iran talks were cited as headwinds for regional currencies.
Weaker regional currencies lower the dollar cost of Asian-origin feed and vegetable oil exports, which can support export flows. Elevated oil prices also raise biofuel feedstock costs.
mnimarkets.comJonathan CavenaghApr 28, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 86 past neutral macro events, PALMOIL moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +2.0%), and +1.0% 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.
