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The ringgit was little changed on July 30 at 4.2300/2400 as traders awaited the FOMC decision. The US Dollar Index rose to 98.886, and the IMF raised its 2025 growth forecast for Malaysia.
Expectations of no Fed rate cut in the near term support the dollar and limit ringgit gains, which keeps dollar-priced feed import costs steady for Malaysian buyers.
malaymail.comJul 30, 2025Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
