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The ringgit weakened to 4.0695/0735 per US dollar at 6pm on Monday from 4.0555/0600 the previous Friday. Traders were pricing stronger US jobs data expected on Nov 6 and anxiety over possible renewed attacks on Iran after the US midterm elections.
A firmer dollar raises the ringgit cost of dollar-priced imported feed ingredients such as corn, soymeal and freight for Malaysian buyers. Expectations of a Fed hike in December add to the pressure.
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.