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Analysts say a strong US dollar combined with a weak ringgit benefits Malaysian semiconductor and technology exporters. The ringgit fell 6.7% against the dollar in 2016, versus 19.3% in 2015, and analysts expect it to average 4.00 to 4.50 per dollar in 2017.
A firm dollar and weak ringgit raise the ringgit cost of dollar-priced feed ingredients for Malaysian buyers, though the story centres on technology firms rather than agricultural commodities.
digitalnewsasia.comSharmila Ganapathy-WallaceFeb 27, 2017After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
