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The offshore yuan fell to about 6.88 per dollar as a stronger dollar, lifted by rising oil prices and Fed hawkishness, pressured the currency. The PBOC set a weaker-than-expected midpoint, and China's January-February exports rose 21.8% year on year.
Strong Chinese trade and import growth support demand for feed inputs, while a firmer dollar and higher oil prices add cost pressure across commodity markets.
tradingview.comMar 12, 2026After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% over 20.
After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
After 50 past neutral macro events, Soybeans moved a median -0.3% over 5 sessions (48% higher; middle half -2.2% to +1.3%), and -0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
