Ringgit ends marginally lower as trade war returns to focus

Not enough comparable past events yet for a historical read.

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.

• May 30, 2019Ringgit opens lower on worsening US-China trade war | Malay Mail-0.4%
• Oct 31, 2022Ringgit ends lower against US dollar | Malay Mail-0.1%
• Mar 30, 2021Ringgit ends lower on firmer US dollar | Malay Mail-0.5%
• Oct 19, 2024Ringgit likely to trade lower after Budget 2025 as US dollar regains strength | Malay Mail+0.6%
• Aug 23, 2023Ringgit ends lower against US dollar on economic uncertainties | Malay Mail-0.1%

After 273 past bearish macro events, Soybeans moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% over 20.

• Sep 28, 2018US-China trade war may push yuan 10 percent lower: Economist Andy Xie+0.5%
• Mar 20, 2026Grains, oilseeds lower as dollar rises | MarketScreener+0.4%
• Aug 16, 2022Turner's Take Ag Markets | Rains and Chinese Rate Cut Sends CBOT Lower+2.2%
• Feb 22, 2021US money markets bringing forward Fed rate hike bets to end-2022 - Markets - Business Recorder+2.0%
• Jul 12, 2022Dollar rises to 20-year highs, sends grains lower – The Seam-8.8%