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The ringgit strengthened to 4.2255/2475 against the US dollar on June 26 after Fed Chair Powell flagged uncertainty over tariff inflation. Markets were leaning toward two Fed rate cuts in the second half of the year.
Expectations of Fed easing weaken the dollar, which supports emerging-market currencies and can lift USD-denominated commodity prices including palm oil.
malaymail.comJun 26, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) 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.
