
The ringgit ended lower against the US dollar on Monday, easing to 4.0695/0735 from 4.0555/0600 a week earlier. Bank Muamalat's economist expected October US payrolls of 65,000 versus 29,000 previously, which could support expectations of a Fed rate hike in December.
A weaker ringgit increases the local-currency cost of imported feed inputs priced in dollars. Stronger US data that lifts Fed hike odds reinforces this pressure on Malaysian buyers.
Not enough comparable past events yet for a historical read.
After 102 past neutral macro events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -3.3% to +2.5%), and +1.8% over 20.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.