Loading…
The ringgit closed higher at 4.2060/2130 against the US dollar on June 30, buoyed by improved regional sentiment. Analysts cited the US-China framework deal and expectations of more aggressive Fed rate cuts.
Dollar weakness and easing trade tensions support Asian currencies and emerging-market risk appetite, which can modestly firm Malaysian palm oil prices in USD terms.
thestar.com.myThe Star OnlineJun 30, 2025thestar.com.myEugene MahalingamJun 30, 2025After 86 past neutral macro events, PALMOIL moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +2.0%), and +1.0% over 20.
Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
