# Yuan Pins Near Four-Year Peak as Dollar Holds Firm Before US Midterms

> 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%.

- Date: 2026-11-02 · published 2026-11-02T06:08:56.288Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/74924-yuan-pins-near-four-year-peak-as-dollar-holds-firm-before-us-midterms
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Yuan strength improves China's purchasing power for imported feed ingredients, which can support prices for soybeans and meal, though the effect is incremental.

## Read by commodity

- SBM: neutral
- USDCNY: bearish ▼

## Sources

- finance.biggo.com: https://finance.biggo.com/news/7371a86d-f797-401e-a05a-ca3e629aba7f

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.