Loading…
The yuan eased slightly against the dollar as tight onshore liquidity partly offset concerns over trade tensions. The PBOC has drained cash through reverse repos on most days this month.
Barclays said the central bank is working to stem yuan weakness given wide US-China rate differentials.
Currency moves of this size have little direct effect on feed commodity supply or demand. The story mainly reflects China's monetary policy stance.
tradingview.comFeb 26, 2025After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), 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.
