The yuan closed at a two-week high of 6.5684 per dollar on Dec 2, 2020, as the dollar hovered near a 2.5-year low. Gains were capped after President-elect Biden said he would not immediately cancel the Phase 1 trade deal or remove tariffs on Chinese goods.
The PBOC lifted its midpoint rate by the most in nearly a month.
Signals that the Phase 1 purchase commitments and tariffs will stay in place support expectations for continued US farm export flows to China. A weaker dollar also makes dollar-priced grains cheaper for Chinese buyers.
Tras 362 eventos bajista de macro pasados, Yuan chino (CNY por USD) se movió una mediana de -0,1 % en 5 sesiones (42% al alza; mitad central entre -0,4 % y +0,1 %), y -0,2 % 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.