# UOB: Dollar/yuan may stay above 6.6530 support

> UOB strategists said the dollar could continue to edge lower against the yuan over the next 24 hours after retreating from 6.6855 to 6.6635. They expect support at 6.6530 to hold, with resistance at 6.6720; a close above 6.6855 would be needed to signal a broader dollar recovery over one to three weeks.

- Date: 2026-11-07 · published 2026-11-07T15:09:06.275Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/86138-uob-dollar-yuan-may-stay-above-6-6530-support
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker dollar against the yuan can lower the cost of dollar-priced imports for Chinese buyers, including feed ingredients. The outlook is a modest currency move rather than a new change in agricultural supply or demand.

## Read by commodity

- USDCNY: bearish ▼

## Sources

- fxi.com.tr: https://www.fxi.com.tr/uob-dolar-yuan-66530-desteginin-uzerinde-kalmayi-surdurebilir/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
