
Asian currencies including the Malaysian ringgit and Taiwan dollar rose about 0.6% to their highest levels since late last year. The move reflects a weaker US dollar amid unclear trade policy and expectations of rate cuts in Asia.
A stronger regional currency basket makes Asian commodity imports cheaper in local terms and can influence palm oil and feed demand pricing.
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.
Not enough comparable past events yet for a historical read.
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.