Loading…

China's yuan fixing against the dollar hit a nearly two-week low on November 4, about 370 points weaker than the Reuters forecast. The fixing reflects the central bank's guidance on the currency.
A fixing well below forecast signals policy resistance to yuan appreciation, with limited direct effect on feed commodity prices.
After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% 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.