# Ringgit Opens Flat as Cautious Markets Await Fed Decision

> 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.

- Date: 2026-11-03 · published 2026-11-03T18:58:05.886Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/78335-ringgit-opens-flat-as-cautious-markets-await-fed-decision
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Read by commodity

- USDMYR: neutral

## Sources

- onetiger.com: https://onetiger.com/bm/ringgit-dibuka-mendatar-pasaran-berhati-hati-menanti-keputusan-fed/
- onetiger.com: https://onetiger.com/ringgit-dibuka-mendatar-pasaran-berhati-hati-menanti-keputusan-fed/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.