Loading…

The renminbi closed at 6.6711 per US dollar, down 1 basis point from the previous close. Market participants cited rising risk aversion and a firmer, volatile dollar ahead of US nonfarm payrolls data as factors putting slight pressure on the currency.
A weaker renminbi raises the local-currency cost of dollar-priced feed imports, though the reported move was minimal.
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.