Loading…
China's yuan rebounded from a near two-month low against the dollar on Thursday after the PBOC set its midpoint rate at 7.1494, well firmer than market estimates. The onshore yuan recovered to about 7.19 per dollar, while the dollar stayed near a two-month high.
A firmer yuan is modestly supportive of Chinese import purchasing power for feed ingredients, but the effect on feed prices is small and the central bank is signaling stability rather than a trend.
tradingview.comJul 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.
