The ringgit opened unchanged against the US dollar on Monday, September 29, at 4.2200/2250, matching the prior Friday close. Traders stayed cautious after mixed signals from Federal Reserve officials about the rate outlook.
The ringgit was weaker against major currencies at the open, and the US Dollar Index was above 98.
Uncertainty over Fed policy keeps the dollar and emerging-market currencies range-bound, which limits short-term changes in the cost of dollar-priced feed imports for Malaysian buyers. There is no clear directional price signal for commodities.
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.