Loading…
The yuan eased on Tuesday from the seven-month high it reached a day earlier, as some investors took profits ahead of key Chinese economic data. The People's Bank of China set the midpoint at 7.1318 per dollar, and the onshore yuan traded around 7.1469.
Routine currency moves ahead of data releases carry little direct weight for feed prices. A weaker yuan, if it persists, could modestly reduce the purchasing power of Chinese feed importers.
thepoundhub.comAlanAug 6, 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.
