# The Week Ahead: Will the ringgit and oil prices continue to do well this week? | KLSE Screener

> The ringgit traded near 4.095 per US dollar, its strongest in over four months, helped by a cautious Fed and a firmer Brent crude price near US$61.80. Finance Minister Lim Guan Eng said Budget 2019 could be recalibrated if oil fell below US$50.

- Date: 2019-01-14 · published 2019-01-14T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/61350-the-week-ahead-will-the-ringgit-and-oil-prices-continue-to-do-well-this-week
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Firmer crude supports energy-linked currencies and Malaysian fiscal stability, with limited direct effect on feed commodity prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-30 | [Ringgit closes lower on volatile oil prices \| The Star](https://feedsoft.ai/events/19961-ringgit-closes-lower-on-volatile-oil-prices-the-star.md) | -10.8% | -16.4% |
| WTI | 2020-01-27 | [Due to oil prices on the world market, the prices of all commodities are rising – Lider Media](https://feedsoft.ai/events/55169-due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising.md) | -4.7% | -5.1% |
| WTI | 2022-06-03 | [Canadian dollar dips but posts 3rd weekly gain on soaring oil prices - The Globe and Mail](https://feedsoft.ai/events/41187-canadian-dollar-dips-but-posts-3rd-weekly-gain-on-soaring-oil-prices-the-globe.md) | +4.0% | -6.2% |
| WTI | 2020-05-27 | [Diesel stops 19-week slide after fleets contend with historic low oil prices \| Trucking Dive](https://feedsoft.ai/events/53315-diesel-stops-19-week-slide-after-fleets-contend-with-historic-low-oil-prices.md) | +6.6% | +16.8% |
| WTI | 2018-01-13 | [Colombia peso boosted by weak dollar and rising oil prices - Colombia News](https://feedsoft.ai/events/67263-colombia-peso-boosted-by-weak-dollar-and-rising-oil-prices-colombia-news.md) | -1.0% | -7.6% |
| BRENT | 2023-07-27 | [Ringgit continues to trade higher against greenback \| Malay Mail](https://feedsoft.ai/events/35322-ringgit-continues-to-trade-higher-against-greenback-malay-mail.md) | +0.8% | +0.8% |
| BRENT | 2022-02-18 | [Ringgit opens higher against US dollar on steady commodity prices](https://feedsoft.ai/events/42965-ringgit-opens-higher-against-us-dollar-on-steady-commodity-prices.md) | +6.4% | +16.9% |
| BRENT | 2026-07-25 | [Malaysia's Ringgit Faces Triple Test as Fed, State Election, and Energy Prices Converge](https://feedsoft.ai/events/18629-malaysia-s-ringgit-faces-triple-test-as-fed-state-election-and-energy-prices.md) | -7.6% | -6.9% |

## Sources

- klsescreener.com: https://www.klsescreener.com/v2/news/view/479892/the-week-ahead-will-the-ringgit-and-oil-prices-continue-to-do-well-this-week

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