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China's yuan edged up against a soft dollar on Friday, on track for its first weekly gain in two months, partly reflecting Beijing's efforts to slow the currency's slide. The yuan is still headed for its biggest monthly loss in nearly 1.5 years as traders remain uneasy about Trump's policies.
Trump said he would impose a 10% tariff on Chinese goods after taking office.
A weaker yuan makes Chinese purchases of US feed ingredients more expensive and can pressure China's import demand, while a firmer yuan modestly supports import buying. The currency moves are a secondary factor for grain and meal prices, with tariff risk the main driver.
brecorder.comReuters29 nov 2024Tras 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.
