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The yuan was little changed against the dollar after China's foreign exchange regulator pledged to keep the exchange rate stable. The PBOC set the midpoint at 7.1761, and analysts expected stability with a mild strengthening bias.
Currency stability removes a source of volatility in China's import costs for feed ingredients, so it has little direct price impact.
tradingview.comJun 18, 2025After 169 past neutral macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +0.2%), and -0.0% 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.
