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China set the yuan midpoint at 6.7168 per dollar on November 6, 12 points weaker than the previous day's fixing, reversing a one-day strengthening. The midpoint remained about 370 points weaker than a Reuters estimate, and markets were watching U.S. employment data and the next fixing for clues to the central bank's near-term stance.
A weaker midpoint limits expectations of yuan appreciation and could keep the cost of dollar-priced imports elevated for Chinese buyers.
fxstreet.hkNov 6, 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.
