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The ringgit opened higher against the US dollar on June 11 at 4.1600/1650 from 4.1610/1650. The move followed a US-Mexico migration deal that averted tariffs on Mexican goods, easing trade tension and shifting focus to US-China talks.
Reduced US-Mexico tariff risk lowers near-term threat to North American trade flows, though US-China uncertainty remains the main driver for Asian commodity demand.
nst.com.myBernamaJun 12, 2019Not 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.
