Loading…
Kenanga Investment Bank expects the ringgit to trade between RM4.04 and RM4.06 per US dollar next week as investors assess US inflation, Fed rate expectations and US-Iran diplomacy. The ringgit strengthened to RM4.047 from RM4.058, while lower Treasury yields, oil prices and US dollar positions weighed on the dollar.
A softer US dollar and lower yields can support the ringgit, while inflation data and Fed expectations may shift currency demand. The article describes a narrow expected range rather than a direct feed-cost or commodity-price change.
businesstoday.com.myNov 7, 2026Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% 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.
