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Analysis shows the Chinese yuan has strengthened this year to about 7.25 per dollar despite being hit by more US tariffs than most currencies. Several other emerging Asian currencies and the Swedish crown have gained more against the dollar.
A firmer yuan reduces the pressure on Chinese importers' costs for dollar-priced feed, but Beijing's tolerance of a stable currency supports exporters and leaves China's import demand for US grains and meal less affected by currency moves.
reuters.comAlun JohnMar 14, 2025After 362 past bearish macro events, USDCNY 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.
