
The U.S. dollar hit two-year highs as risk aversion spread through global markets. The Chinese yuan posted its largest three-day losing streak in nearly four years on growth worries, with the offshore yuan near 6.56 per dollar.
A stronger dollar makes U.S. feed grains and meal more expensive for buyers using other currencies, which tends to weigh on export demand and US futures. A weaker yuan can also reduce China's import purchasing power.
Tras 2356 eventos alcista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de +0,2 % en 5 sesiones (60% al alza; mitad central entre -0,3 % y +0,7 %), y +0,4 % en 20.
Tras 398 eventos alcista de macro pasados, Yuan chino (CNY por USD) se movió una mediana de +0,0 % en 5 sesiones (56% al alza; mitad central entre -0,3 % y +0,5 %), 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.
Broad dollar strength to two-year highs plus the yuan's largest three-day losing streak on growth worries directly drove the CNY move ending 2022-04-25.
On the move date, broad dollar strength to two-year highs and China growth worries drove the yuan's largest losing streak in nearly four years.
Dollar reached two-year highs on risk aversion while the yuan slid, contributing to the broad dollar rise early in the window.