The Malaysian ringgit opened slightly stronger against the US dollar after traders took profits following a rise in the dollar index. Traders remained cautious ahead of US personal consumption expenditures inflation data, with the ringgit expected to trade between 4.20 and 4.23 per dollar.
Currency moves affect the local cost of imported feed and agricultural commodities, but this report describes a modest near-term fluctuation rather than a change in underlying supply or demand.
Not enough comparable past events yet for a historical read.
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.