# USD May Gain Against SGD, MYR Despite US Growth Slowing to 2017 Low

> The US dollar ended the week of July 19 cautiously higher but choppy, as expectations for a Fed rate cut rose and then eased. Haven demand rose on tensions in the Strait of Hormuz, and Bank Indonesia cut rates as expected.

- Date: 2019-07-22 · published 2019-07-22T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/58346-usd-may-gain-against-sgd-myr-despite-us-growth-slowing-to-2017-low
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Dollar strength driven by geopolitical risk and Fed expectations affects the cost of dollar-priced feed inputs in Asian importing markets.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- USDMYR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-01-01 | [Vietnam Dong Declines to Record Low Against US Dollar](https://feedsoft.ai/events/27262-vietnam-dong-declines-to-record-low-against-us-dollar.md) | -0.2% | -0.9% |
| 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 | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | +1.6% | +1.1% |
| DXY | 2020-12-10 | [RM opens slightly lower against USD](https://feedsoft.ai/events/49923-rm-opens-slightly-lower-against-usd.md) | -0.3% | -0.2% |
| DXY | 2025-02-11 | [VND/USD: Vietnam Dong Falls to Record Low Against US Dollar - Bloomberg](https://feedsoft.ai/events/26383-vnd-usd-vietnam-dong-falls-to-record-low-against-us-dollar-bloomberg.md) | -1.0% | -2.0% |
| WTI | 2018-07-05 | [Rupee All Time Low: Rupee Slumps To All-Time Closing Low Against U.S. Dollar](https://feedsoft.ai/events/64318-rupee-all-time-low-rupee-slumps-to-all-time-closing-low-against-u-s-dollar.md) | -5.0% | -7.8% |
| WTI | 2026-03-30 | [Indian Rupee gives up RBI-linked gains, slides back to all-time lows against US Dollar](https://feedsoft.ai/events/20454-indian-rupee-gives-up-rbi-linked-gains-slides-back-to-all-time-lows-against-us.md) | +12.7% | -2.0% |
| WTI | 2026-07-29 | [Ringgit shows slight gain against US dollar amid Fed meeting anticipation \| Malay Mail](https://feedsoft.ai/events/18625-ringgit-shows-slight-gain-against-us-dollar-amid-fed-meeting-anticipation-malay.md) | -2.7% | +8.2% |

## Sources

- menafn.com: https://menafn.com/1098785189/USD-May-Gain-Against-SGD-MYR-Despite-US-Growth-Slowing-to-2017-Low

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