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China's yuan eased against the dollar on Monday after posting its best week since December, as investors grew cautious ahead of central bank decisions in Japan and the US and a Politburo meeting. Renewed Middle East tensions supported safe-haven demand for the yen.
The yuan had strengthened 0.27% the prior week on a yen bounce.
Investors are positioning ahead of policy signals that could shape Chinese stimulus and import demand, which matters for feed buyers. Currency swings here are routine and unlikely to move feed prices on their own.
thepoundhub.comAlanJul 29, 2024
brecorder.comReutersJul 29, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
