Yuan hits 1-year high on upbeat stocks, trade deal hopes - Markets

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.

• Jul 31, 2020Yuan closes trade at 4-1/2-month high - Markets - Business Recorder-0.8%
• Jul 31, 2026Yuan rises to 1-1/2-month high - Markets - Business Recorder-0.1%
• May 25, 2026China's yuan advances to 3-year high as investors weigh prospects of US-Iran deal - Markets - Business Recorder-0.4%
• Oct 27, 2025China’s yuan jumps to one-month high on positive trade developments with US - Markets - Business Recorder-0.1%
• Jun 27, 2023Asian currencies firm on yuan recovery, stocks mixed - Markets - Business Recorder+0.0%

After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Oct 27, 2025China’s yuan jumps to one-month high on positive trade developments with US - Markets - Business Recorder+5.6%
• Apr 11, 2021Argentine farmers, facing peso uncertainty, hoard soya despite high prices - Markets - Business Recorder+2.2%
• Nov 3, 2023Stocks jump, dollar and yields drop after US jobs market softens+1.8%
• Jul 28, 2021Fed says US economy has 'made progress' but holds rates at near-zero-1.8%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+4.5%