# Malaysian Ringgit's Strength Shows How Weak USD Can Boost Asia FX | MarketScreener

> The ringgit traded at an eight-year high against the dollar, with the greenback down 0.8% against it. The dollar's slide followed Trump remarks suggesting the US would not mind a weaker dollar, and Asian currencies have benefited, with yen recovery adding support.

- Date: 2026-01-28 · published 2026-01-28T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/21326-malaysian-ringgit-s-strength-shows-how-weak-usd-can-boost-asia-fx-marketscreener
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A broad weaker dollar lifts Asian currencies including the ringgit, which raises the local cost of regional dollar-priced commodities such as palm oil and affects export margins.

## Read by commodity

- DXY: bearish ▼
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-11-28 | [Ringgit strengthens against US dollar amid weak US housing data \| Malay Mail](https://feedsoft.ai/events/33430-ringgit-strengthens-against-us-dollar-amid-weak-us-housing-data-malay-mail.md) | +0.2% | -1.1% |
| DXY | 2025-06-26 | [Ringgit strengthens against US dollar as Fed tariff caution weighs on greenback \| Malay Mail](https://feedsoft.ai/events/24463-ringgit-strengthens-against-us-dollar-as-fed-tariff-caution-weighs-on-greenback.md) | -0.9% | -0.6% |
| DXY | 2025-06-29 | [Stronger ringgit, Fed shift could draw capital to Malaysia \| The Star](https://feedsoft.ai/events/24470-stronger-ringgit-fed-shift-could-draw-capital-to-malaysia-the-star.md) | -0.0% | +0.8% |
| DXY | 2025-08-04 | [China's yuan rebounds from 2-month low on weak US jobs and Fed rate cut expectations \| MarketScreener](https://feedsoft.ai/events/10144-china-s-yuan-rebounds-from-2-month-low-on-weak-us-jobs-and-fed-rate-cut.md) | -0.7% | -0.8% |
| DXY | 2025-06-30 | [Ringgit firms up as weaker US dollar, Senate budget plans weigh on greenback \| Malay Mail](https://feedsoft.ai/events/24459-ringgit-firms-up-as-weaker-us-dollar-senate-budget-plans-weigh-on-greenback.md) | -0.0% | +0.8% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/malaysian-ringgit-s-strength-shows-how-weak-usd-can-boost-asia-fx-ce7e5bd9d981f12d

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