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The offshore yuan closed at 6.9200 per dollar in late New York trading, up 3 pips from Thursday’s close. It traded between 6.9137 and 6.9237 during the session.
The small yuan gain modestly lowers the local-currency cost of dollar-priced imports, but the move alone does not indicate a material change in commodity demand.
Not enough comparable past events yet for a historical read.
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.