# Ringgit ends marginally lower as trade war returns to focus | Malay Mail

> The ringgit ended marginally lower on July 31 as US-China trade war concerns returned after Trump's aggressive tweets ahead of trade talks. Traders also priced in an expected 25 basis point Fed rate cut.

- Date: 2019-07-31 · published 2019-07-31T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/58343-ringgit-ends-marginally-lower-as-trade-war-returns-to-focus-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Renewed US-China tension supports the dollar and weighs on emerging-market currencies, and it also raises the risk of weaker Chinese demand for US farm goods.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-05-30 | [Ringgit opens lower on worsening US-China trade war \| Malay Mail](https://feedsoft.ai/events/59335-ringgit-opens-lower-on-worsening-us-china-trade-war-malay-mail.md) | -0.4% | -1.7% |
| DXY | 2022-10-31 | [Ringgit ends lower against US dollar \| Malay Mail](https://feedsoft.ai/events/39386-ringgit-ends-lower-against-us-dollar-malay-mail.md) | -0.1% | -2.8% |
| DXY | 2021-03-30 | [Ringgit ends lower on firmer US dollar \| Malay Mail](https://feedsoft.ai/events/48386-ringgit-ends-lower-on-firmer-us-dollar-malay-mail.md) | -0.5% | -1.9% |
| DXY | 2024-10-19 | [Ringgit likely to trade lower after Budget 2025 as US dollar regains strength \| Malay Mail](https://feedsoft.ai/events/28140-ringgit-likely-to-trade-lower-after-budget-2025-as-us-dollar-regains-strength.md) | +0.6% | +2.2% |
| DXY | 2023-08-23 | [Ringgit ends lower against US dollar on economic uncertainties \| Malay Mail](https://feedsoft.ai/events/34848-ringgit-ends-lower-against-us-dollar-on-economic-uncertainties-malay-mail.md) | -0.1% | +0.5% |
| SOY | 2018-09-28 | [US-China trade war may push yuan 10 percent lower: Economist Andy Xie](https://feedsoft.ai/events/63265-us-china-trade-war-may-push-yuan-10-percent-lower-economist-andy-xie.md) | +0.5% | -1.5% |
| SOY | 2026-03-20 | [Grains, oilseeds lower as dollar rises \| MarketScreener](https://feedsoft.ai/events/11694-grains-oilseeds-lower-as-dollar-rises-marketscreener.md) | +0.4% | -0.1% |
| SOY | 2022-08-16 | [Turner's Take Ag Markets \| Rains and Chinese Rate Cut Sends CBOT Lower](https://feedsoft.ai/events/6530-turner-s-take-ag-markets-rains-and-chinese-rate-cut-sends-cbot-lower.md) | +2.2% | +2.7% |

## Sources

- beta.malaymail.com: https://beta.malaymail.com/news/money/2019/07/31/ringgit-ends-marginally-lower-as-trade-war-returns-to-focus/1776410

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.