
The yuan weakened against the dollar on Friday and was on course to end a five-week winning streak, with the onshore rate at 6.6690 per dollar and offshore yuan at 6.6671. Softer official midpoint guidance, Chinese equity losses, and the central bank’s recent increase in foreign-currency reserve requirements weighed on sentiment.
A weaker yuan raises the local-currency cost of imported feed commodities and may temper Chinese buying, while the currency move could also support domestic prices. The change was modest and does not establish a direct shift in commodity supply.
After 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.