
The yuan weakened past 6.49 per dollar for the first time since August and closed at 6.4875. Beijing's focus on domestic issues and zero-Covid disruptions fuelled expectations of further yuan weakness.
A weaker yuan raises the cost of dollar-priced imports for China and may dampen its appetite for feed commodities. Continued depreciation would add pressure on global prices.
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.
Yuan broke past 6.49 per dollar on zero-Covid disruption and expectations of further weakness, a key leg of the 5-day move.