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The ringgit closed at 3.9175 per US dollar, a seven-year high, after rising for a third straight day. The move followed a fall in the US Dollar Index to 96.026 and expectations of a more dovish Federal Reserve stance.
Dollar weakness and a firmer ringgit make dollar-priced Malaysian palm oil relatively more expensive for importers, a modest bearish factor for palm pricing.
Not enough comparable past events yet for a historical read.
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.