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The yuan reached its highest level in nearly a year against the dollar, with the central parity set at 7.0826 on November 25. The move followed softer trade tensions with Washington and rising expectations of Federal Reserve rate cuts.
Easing trade tensions and a stronger yuan together could improve China's appetite for US soybeans and other feed inputs. Price impact is indirect and modest.
caixinglobal.comWang ShiyuNov 25, 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.
