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The yuan broke below 7 per dollar and is on track for its biggest annual gain since 2020. The People's Bank of China has set weaker-than-expected daily fixings since late November to restrain the pace of appreciation.
Stronger yuan appreciation makes dollar-priced imports cheaper, but the central bank's leaning against gains suggests a gradual effect. The direct impact on feed commodity prices is small.
finimize.comFinimize NewsroomDec 31, 2025After 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.
