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The ringgit opened slightly higher at 4.358 against the dollar after closing at 4.3605 the prior day. The Malaysian currency was described as cautious ahead of the US election and FOMC meeting, with the DXY near 104.3.
Small currency moves like this have limited direct effect on feed prices, but the elevated dollar index keeps pressure on dollar-denominated commodity prices.
klsescreener.comOct 29, 2024Not 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.
