
ActionForex says the renminbi has weakened over 6 percent against the dollar in June and July but less against a basket of currencies, with its official index down 4.4 percent over two months. The firm attributes the decline mainly to slowing growth, looser fiscal and monetary policy, and Fed-PBOC policy divergence rather than deliberate retaliation.
Its view that the yuan will keep skewing lower implies continued pressure on the cost of dollar-priced US feed imports into China, with the government likely to limit the pace of decline.
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.