Ringgit opens higher against US dollar on steady commodity prices

Not enough comparable past events yet for a historical read.

After 38 past bullish macro events, Palm Oil moved a median +0.5% over 5 sessions (61% higher; middle half -0.5% to +3.0%), and -0.3% over 20.

• Sep 19, 2021Ringgit expected to stabilise against the dollar this week+1.0%
• Apr 30, 2026Ringgit closes softer against major currencies on oil volatility, US Fed stance | Malay Mail+0.5%
• Apr 30, 2026Ringgit closes lower on volatile oil prices | The Star+0.5%
• Mar 6, 2026Palm oil prices rise 4% as higher energy costs lift biofuel spread margins | S&P Global+6.0%
• Mar 1, 2022Rupiah, ringgit rise on energy prices, stocks extend rally | Reuters+13.1%

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Apr 27, 2020Ringgit opens higher against US dollar+19.9%
• Apr 30, 2020Ringgit opens higher against USD+33.7%
• Feb 4, 2021Ringgit marginally higher against us dollar on improving oil prices | Malay Mail+4.8%
• Dec 10, 2020Ringgit higher against US dollar at opening | Malaysia now+4.3%
• Mar 21, 2019Ringgit opens eight-months high against US dollar | FMT-1.2%