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The US dollar is at its lowest level in four years, which analysts attribute partly to US protectionist policies. Fears that rising US rates would pull dollars out of emerging markets such as Malaysia have eased.
A weaker dollar and reduced emerging-market outflow risk tend to support dollar-priced commodities and firm currencies in import-dependent feed markets.
thestar.com.myM. SHANMUGAMMar 23, 2018After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
