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The ringgit opened flat against the US dollar on Thursday at 4.2045/4.2160, slightly weaker than Wednesday's close, after gaining 0.57% the previous day to 4.2063. Traders stayed cautious ahead of the Federal Reserve decision, with expectations of a US rate cut growing after comments from Treasury Secretary Scott Bessent.
Expectations of lower US rates tend to weaken the dollar, which could push USD/MYR below 4.20 and lower the ringgit cost of dollar-priced feed imports. The effect on feed prices is small unless the currency move is sustained.
onetiger.comNov 4, 2026onetiger.comNov 3, 2026Not 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.
