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The offshore yuan rose to 6.6967 per dollar, its strongest level since July 2022. The People's Bank of China strengthened its daily fixing for an eighth straight session, supported by strong Chinese exports.
A firmer yuan supported by export strength suggests healthy Chinese demand capacity, a mild positive for import-dependent feed commodities.
bloomberg.comBloomberg NewsOct 1, 2026After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% 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.
