
China's yuan traded in a narrow range at 6.8305 per dollar on April 28 as investors awaited the Federal Reserve meeting, which was expected to be Jerome Powell's last as Fed chair. The PBOC set its midpoint at 6.8589, weaker than a Reuters estimate.
Markets expected the Fed to hold rates unchanged.
A stable yuan with a weak fixing keeps China's currency under management, so feed buyers see little direct price impact. Fed guidance on rates could shift the dollar and indirectly affect dollar-priced commodities.
Tras 169 eventos neutral de macro pasados, Yuan chino (CNY por USD) se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -0,3 % y +0,2 %), y -0,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.