Loading…
The PBOC set the yuan reference rate at 6.7180 per dollar, 0.045% weaker than the prior day, marking a third straight day of weakening. The article also notes the central bank drained net liquidity through its reverse repo operations.
A third consecutive weaker fix signals a tilt toward a stronger dollar against the yuan. For feed buyers, this only marginally affects Chinese import costs for US commodities.
fnnews.comNov 4, 2026After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% 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.
