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The ringgit strengthened against the US dollar at Wednesday's opening, rising to 4.2220/2240 from 4.2320/2330, as concern over Omicron eased. Traders noted USD/MYR was testing resistance near 4.2400.
Routine currency moves have a limited effect on feed ingredient prices, so this is a market wrap with no new supply or demand driver.
malaymail.comDec 8, 2021Not 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.
