China’s offshore yuan hits 3-year high as Beijing signals policy support

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.

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• Jan 5, 2017China’s offshore yuan surges most against dollar in a year+0.1%
• Feb 9, 2021Opinion | Why a stronger yuan is still in China’s best interests | South China Morning Post+0.1%