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China's onshore yuan rose to nearly a two-month high against the dollar, aided by the central bank's guidance and improved sentiment. Support came from property-sector measures and the easing of some COVID-19 restrictions.
A stronger yuan and better sentiment on China's economy modestly support import demand and the outlook for commodity purchases.
reuters.comSinéad Carew14 nov 2022Tras 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.
On Nov 14 the onshore yuan hit a near two-month high, helped by central bank guidance, property support and COVID easing, directly matching the move day.
Onshore yuan reached near two-month high on PBOC guidance, property support and COVID easing, extending the move to the end of the window.
