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The onshore yuan closed at 6.677 per US dollar, down slightly from the previous day and at a two-week low. State banks bought dollars early in the session to strengthen counter-cyclical policy, but the yuan's intraday decline narrowed as the dollar eased in the afternoon.
A weaker yuan makes Chinese exports cheaper and can shift the pace of China's import buying of US farm goods and feed ingredients. The move is small, so its effect on feed commodity prices should be limited.
news.rthk.hkNov 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.
