Malaysia's ringgit traded mixed against the US dollar and Singapore dollar as investors awaited the US midterm election results and the Bank Negara Malaysia Monetary Policy Committee decision. The ringgit reached a high of 4.0682 per dollar intraday before trading around 4.0723 by late morning.
Pre-event caution keeps the ringgit range-bound, which has little direct effect on feed commodity prices. Any surprise from the US elections or the Malaysian central bank could shift the ringgit and regional palm oil pricing in ringgit terms.
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.