# Market uncertainty supports the USD, but ringgit remains underpinned by fundamentals

> An HSBC strategist said geopolitical uncertainty, inflation risks and expectations that U.S. interest rates will remain relatively high are supporting the dollar. The strategist also said the ringgit has held up comparatively well, citing Malaysia’s more balanced energy position, including partial oil self-sufficiency.

- Date: 2026-11-09 · published 2026-11-09T09:11:36.634Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/89178-market-uncertainty-supports-the-usd-but-ringgit-remains-underpinned-by
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A firmer dollar can make dollar-priced feed imports more expensive for buyers whose currencies weaken, while Malaysia’s relative resilience could limit that pressure there. The article offers a broad currency outlook rather than a specific change in agricultural supply or demand.

## Read by commodity

- DXY: bullish ▲
- USDMYR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-06-19 | [On the macro front, the US Fed maintained interest rates unchanged as - Shanghai Metals Market (SMM)](https://feedsoft.ai/events/24114-on-the-macro-front-the-us-fed-maintained-interest-rates-unchanged-as-shanghai.md) | -0.9% | -0.3% |
| DXY | 2022-10-25 | [Local Political Uncertainty And Strong USD Demand, Puts Ringgit In Bearish Territory](https://feedsoft.ai/events/39382-local-political-uncertainty-and-strong-usd-demand-puts-ringgit-in-bearish.md) | -0.3% | -3.0% |
| DXY | 2019-05-24 | [ING: U.S. Dollar to Remain Supported as Markets for a Fed Rate Cut are Misplaced](https://feedsoft.ai/events/59252-ing-u-s-dollar-to-remain-supported-as-markets-for-a-fed-rate-cut-are-misplaced.md) | +0.4% | -1.2% |
| DXY | 2022-02-11 | [Rate hike bets support the dollar amid surging US inflation - Markets - Business Recorder](https://feedsoft.ai/events/42876-rate-hike-bets-support-the-dollar-amid-surging-us-inflation-markets-business.md) | +0.1% | +2.2% |
| DXY | 2019-07-31 | [The Fed rate cut: Markets reconsider the 'Fed Put' after underwhelming cut](https://feedsoft.ai/events/58267-the-fed-rate-cut-markets-reconsider-the-fed-put-after-underwhelming-cut.md) | +0.9% | +1.8% |

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/content/advertise/market-uncertainty-supports-the-usd-but-ringgit-remains-underpinned-by-fundamentals

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