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The yuan reached 6.5151 per dollar, recouping all of its 2016 losses and gaining more than 6% year to date. Analysts have raised forecasts after the currency beat many year-end targets.
The yuan has also been discussed as a possible safe-haven currency amid US-North Korea tensions.
Continued yuan appreciation, supported by capital controls and intervention, lowers the yuan cost of dollar-priced imports for China. The effect on feed commodity prices is modest.
cnbc.comSophia Yan6 sept 2017Tras 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.
