Loading…
The ringgit opened higher against the US dollar on June 24, trading at 4.1430/1460 from 4.1480/1510 at Friday's close. Analysts cited optimism ahead of the Trump-Xi meeting at the G20 summit, firmer crude oil and the possibility of a Federal Reserve rate cut.
Firmer crude and stronger Asian currencies on trade optimism are modest signals for palm oil and biofuel-linked demand, with little direct impact on feed grain prices.
malaymail.comJun 24, 2019Not enough comparable past events yet for a historical read.
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.
