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The onshore yuan traded near 7.0756 per dollar and was on track for a fourth straight monthly gain, its longest run since 2021. The People's Bank of China set its fixing weaker than market estimates, signaling some reluctance to let the currency rise further.
A stronger yuan lowers the local-currency cost of Chinese imports, including soybeans. Weak domestic demand and possible central bank resistance limit the upside for China's buying power.
brecorder.comReutersNov 28, 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.
