Loading…
The yuan midpoint rose 24 pips to 6.7156, ending three straight days of weakening fixes from November 2 to 4. The gap to Reuters forecasts narrowed to about 370 pips from over 600 earlier in the week, as the dollar weakened after the Democratic election win.
The central bank is leaning against yuan appreciation while the dollar falls, which may limit how fast import costs fall for feed buyers. Its room to tighten further depends on the dollar and upcoming US payrolls data.
fxstreet.hkNov 5, 2026After 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.
