
The Vietnamese dong strengthened at major banks on September 24, with Vietcombank selling the dollar at VND26,200. China's yuan reached 6.6957 per dollar, its strongest since January 2023, as the central bank eased curbs on appreciation ahead of US leadership talks.
A stronger yuan and dong lower the local cost of dollar-priced imports for Asian buyers, while a softer dollar index can support dollar-denominated commodity prices.
After 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.