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The yuan firmed against the dollar on Thursday after three sessions of weakness, with traders awaiting US PCE inflation and China's PMI data. The PBOC set its midpoint at 7.1299 per dollar.
Routine currency trading ahead of data releases has little direct effect on feed grain prices; it mainly signals near-term Chinese import pricing conditions.
thepoundhub.comAlanAug 29, 2024Not enough comparable past events yet for a historical read.
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.
