◂ Event Timeline

Apr 29, 2024MACROMalaysia

Malaysia to remain resilient as Fed rate cut hopes fade

Malaysia's economy is expected to stay resilient as markets lower expectations for Federal Reserve rate cuts. Recent US data has pushed the Fed toward holding restrictive policy for longer.

WHY IT MATTERS

Higher-for-longer US rates support the dollar and raise financing costs for commodity trade. That tends to pressure dollar-priced grain and oilseed markets.

AFFECTSUS Dollar (Broad)▲

SOURCE
thestar.com.myKeith HiewApr 29, 2024

Price reaction & history

US Dollar (Broad)▲bullishSO FAR1d -0.3%5d -0.7%20d -1.1%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

Jun 7, 2024Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede+1.4%
Jun 20, 2022US dollar to remain resilient amid the re-pricing higher in Fed's rate expectations – ING — Octa-0.9%
May 24, 2019ING: U.S. Dollar to Remain Supported as Markets for a Fed Rate Cut are Misplaced+0.4%
Oct 31, 2025Rand Stays Weak As Fed Rate Cut Fails To Impress - Finimize+0.3%
Jul 23, 2026Malaysia's Currency Dips as Dollar Strengthens on Fed Rate Speculation+0.2%

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.

US Dollar (Broad) DXY · GP ▸

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