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UOB strategists maintain a negative view on the US dollar and see the yuan trending toward 6.6450 per dollar, with short-term support levels in view. Their 1-3 week and 1-3 month outlooks favor continued gradual yuan strength.
A firmer yuan lowers the cost of dollar-priced US feed grain and meal imports for China, which can support Chinese buying of US commodities.
fxstreet.comOct 30, 2026After 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.
