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The ringgit slipped to about 4.2160 against the US dollar on Tuesday on profit-taking ahead of US consumer confidence data. Traders also focused on upcoming US GDP revisions, core PCE inflation and a speech by Fed Governor Christopher Waller.
Reports of a possible attempt to remove Fed Governor Lisa Cook were also in focus.
Dollar moves tied to Fed politics and US data affect the value of dollar-priced grain and oilseed contracts. The ringgit move is a short-term technical adjustment with no direct supply effect.
malaymail.comAug 26, 2025Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, US Dollar (Broad) 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.
