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The yuan traded near a four-year high at 6.6540 per dollar, after touching 6.659 on Friday, its strongest since June 2022. The dollar index was flat ahead of US midterms and payrolls data, and the Bank of Japan held rates at 1.25%.
Yuan strength improves China's purchasing power for imported feed ingredients, which can support prices for soybeans and meal, though the effect is incremental.
finance.biggo.comNov 2, 2026Not 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.
