# Ringgit steadies as markets eye Bank Negara and US jobs data in first week of Sept | Malay Mail

> The ringgit is expected to trade sideways with an upside bias in the first week of September, ahead of the Bank Negara Malaysia policy meeting on Sept 4. Analysts expect BNM to hold its overnight rate at 2.75 per cent. Markets are also awaiting US employment data and digesting July core PCE inflation of 2.9 per cent.

- Date: 2025-08-30 · published 2025-08-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/23581-ringgit-steadies-as-markets-eye-bank-negara-and-us-jobs-data-in-first-week-of
- 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 firmer ringgit and a steady BNM stance affect the cost of Malaysian-denominated imports and palm oil export pricing in ringgit terms. US inflation and jobs data shape dollar direction, which feeds into dollar-denominated feed commodity prices.

## Read by commodity

- DXY: neutral
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-20 | [Ringgit seen holding above 4.20 next week as investors eye US data and Fed signals \| Malay Mail](https://feedsoft.ai/events/23165-ringgit-seen-holding-above-4-20-next-week-as-investors-eye-us-data-and-fed.md) | +0.5% | +0.7% |
| DXY | 2025-08-29 | [Ringgit slips as investors await US inflation gauge and Fed signals \| Malay Mail](https://feedsoft.ai/events/23583-ringgit-slips-as-investors-await-us-inflation-gauge-and-fed-signals-malay-mail.md) | -0.1% | +0.1% |
| DXY | 2025-08-26 | [Ringgit slips against greenback on profit-taking ahead of US economic data release \| Malay Mail](https://feedsoft.ai/events/23586-ringgit-slips-against-greenback-on-profit-taking-ahead-of-us-economic-data.md) | +0.2% | -0.7% |
| DXY | 2017-07-25 | [Analyst: US interest rates assume major role in ringgit fluctuation \| Malay Mail](https://feedsoft.ai/events/70228-analyst-us-interest-rates-assume-major-role-in-ringgit-fluctuation-malay-mail.md) | -0.3% | -0.4% |
| DXY | 2024-02-08 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/31865-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | +0.4% | -0.6% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2025/08/30/ringgit-steadies-as-markets-eye-bank-negara-and-us-jobs-data-in-first-week-of-sept/189386

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