# Ringgit slips against US Dollar as fed seen delaying rate cuts

> The ringgit slipped against the US dollar as markets expected the Federal Reserve to delay rate cuts. The article's headline and body are dominated by unrelated national news links.

- Date: 2025-05-29 · published 2025-05-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/24947-ringgit-slips-against-us-dollar-as-fed-seen-delaying-rate-cuts
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expectations of higher-for-longer US rates support the dollar, which tends to pressure dollar-denominated commodity prices and weigh on ringgit-linked palm oil values.

## Read by commodity

- DXY: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-06-01 | [Ringgit slips against US dollar as US Fed flags inflation worries](https://feedsoft.ai/events/24948-ringgit-slips-against-us-dollar-as-us-fed-flags-inflation-worries.md) | -0.5% | -1.9% |
| DXY | 2018-11-13 | [Ringgit ends lower against US dollar \| FMT](https://feedsoft.ai/events/62311-ringgit-ends-lower-against-us-dollar-fmt.md) | -0.4% | -0.2% |
| DXY | 2024-04-18 | [US dollar gains after strong data, Fed comments on rate cuts](https://feedsoft.ai/events/12555-us-dollar-gains-after-strong-data-fed-comments-on-rate-cuts.md) | -0.1% | -1.4% |
| DXY | 2022-10-31 | [Ringgit ends lower against US dollar \| Malay Mail](https://feedsoft.ai/events/39386-ringgit-ends-lower-against-us-dollar-malay-mail.md) | -0.1% | -2.8% |
| DXY | 2023-12-11 | [Ringgit opens on softer note against US dollar \| Scoop](https://feedsoft.ai/events/32989-ringgit-opens-on-softer-note-against-us-dollar-scoop.md) | -0.8% | -0.9% |
| PALMOIL | 2025-06-01 | [Ringgit slips against US dollar as US Fed flags inflation worries](https://feedsoft.ai/events/24948-ringgit-slips-against-us-dollar-as-us-fed-flags-inflation-worries.md) | +2.3% | +3.8% |
| PALMOIL | 2022-11-29 | [Ringgit retreats to open lower against US dollar \| Malay Mail](https://feedsoft.ai/events/38931-ringgit-retreats-to-open-lower-against-us-dollar-malay-mail.md) | +1.1% | -0.4% |
| PALMOIL | 2024-12-19 | [Ringgit declines to RM4.50 against greenback over US rate cuts \| Malaysiakini](https://feedsoft.ai/events/27221-ringgit-declines-to-rm4-50-against-greenback-over-us-rate-cuts-malaysiakini.md) | -0.1% | -11.2% |

## Sources

- nst.com.my: https://www.nst.com.my/business/economy/2025/05/1223002/ringgit-slips-against-us-dollar-fed-seen-delaying-rate-cuts

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