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The ringgit closed lower against the US dollar on Friday, slipping to about 4.2230 as traders awaited the July PCE inflation release. Markets expected headline PCE at 2.6 per cent and core PCE at 2.9 per cent.
The ringgit also weakened against the euro and yen.
A hotter-than-expected PCE print would firm the dollar and could pressure dollar-denominated commodity prices. The currency move itself is routine pre-data positioning.
malaymail.comAug 29, 2025Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, DXY moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.
