# Ringgit ends higher vs greenback on possible US rate cut in September | The Star

> The ringgit ended higher against the US dollar on Monday, rising to about 4.2045 after Fed Chair Jerome Powell's dovish Jackson Hole speech signalled a possible September rate cut. The ringgit also edged lower against the euro, yen and pound. Analysts said the Fed was signalling it would tolerate elevated inflation.

- Date: 2025-08-25 · published 2025-08-25T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/23584-ringgit-ends-higher-vs-greenback-on-possible-us-rate-cut-in-september-the-star
- 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 dovish Fed shift weakens the dollar, supporting dollar-priced commodities including grains and oilseeds. The move is a currency reaction to central bank signalling.

## Read by commodity

- DXY: bearish ▼
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-17 | [Ringgit ends near one-year high vs US$ on Fed cut hopes \| The Star](https://feedsoft.ai/events/23162-ringgit-ends-near-one-year-high-vs-us-on-fed-cut-hopes-the-star.md) | +0.4% | +1.5% |
| DXY | 2025-09-29 | [Ringgit ends higher against US dollar on US government shutdown fears \| The Star](https://feedsoft.ai/events/23158-ringgit-ends-higher-against-us-dollar-on-us-government-shutdown-fears-the-star.md) | -0.3% | +0.3% |
| DXY | 2025-08-22 | [US stocks jump as Powell hints at possible September rate cut — TradingView News](https://feedsoft.ai/events/23252-us-stocks-jump-as-powell-hints-at-possible-september-rate-cut-tradingview-news.md) | -0.7% | -1.1% |
| DXY | 2022-11-25 | [Ringgit stays at two-month high versus greenback on expectation of slower US interest rate hike \| Malay Mail](https://feedsoft.ai/events/38933-ringgit-stays-at-two-month-high-versus-greenback-on-expectation-of-slower-us.md) | -1.4% | -1.2% |
| DXY | 2024-07-31 | ['Need Greater Confidence In Inflation..': US Fed On Possible Rate Cut In September; What It Means For Gold, Dollar?  - Goodreturns](https://feedsoft.ai/events/29146-need-greater-confidence-in-inflation-us-fed-on-possible-rate-cut-in-september.md) | -0.5% | -1.9% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2025/08/25/ringgit-ends-higher-vs-greenback-on-possible-us-rate-cut-in-september

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