# Ringgit strengthens against US dollar as Fed tariff caution weighs on greenback | Malay Mail

> 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.

- Date: 2025-06-26 · published 2025-06-26T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/24463-ringgit-strengthens-against-us-dollar-as-fed-tariff-caution-weighs-on-greenback
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of Fed easing weaken the dollar, which supports emerging-market currencies and can lift USD-denominated commodity prices including palm oil.

## Read by commodity

- DXY: bearish ▼
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-11-28 | [Ringgit strengthens against US dollar amid weak US housing data \| Malay Mail](https://feedsoft.ai/events/33430-ringgit-strengthens-against-us-dollar-amid-weak-us-housing-data-malay-mail.md) | +0.2% | -1.1% |
| DXY | 2025-06-30 | [Ringgit firms up as weaker US dollar, Senate budget plans weigh on greenback \| Malay Mail](https://feedsoft.ai/events/24459-ringgit-firms-up-as-weaker-us-dollar-senate-budget-plans-weigh-on-greenback.md) | -0.0% | +0.8% |
| DXY | 2021-07-30 | [Ringgit opens marginally higher against US dollar \| Malay Mail](https://feedsoft.ai/events/46328-ringgit-opens-marginally-higher-against-us-dollar-malay-mail.md) | +0.3% | +1.2% |
| DXY | 2020-11-09 | [Ringgit surges against US dollar at close \| Malay Mail](https://feedsoft.ai/events/50409-ringgit-surges-against-us-dollar-at-close-malay-mail.md) | -0.1% | -1.7% |
| DXY | 2019-04-26 | [Canadian dollar rises as U.S. growth composition weighs on greenback - The Globe and Mail](https://feedsoft.ai/events/59816-canadian-dollar-rises-as-u-s-growth-composition-weighs-on-greenback-the-globe.md) | -0.2% | +0.4% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2025/06/26/ringgit-strengthens-against-us-dollar-as-fed-tariff-caution-weighs-on-greenback/181699

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