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The US dollar extended its rally against most ASEAN currencies in the week to March 23, with the ringgit recording its biggest five-day weakening since 2016. The rally came as capital flowed out of emerging markets despite Federal Reserve rate cuts and liquidity measures.
Broad dollar strength and emerging-market outflows raise the local-currency cost of dollar-priced feed ingredients across Southeast Asia.
forex.caMar 23, 2020After 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.
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.
