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The yuan midpoint was set at 6.7188, down 20 pips from the previous trading day and at its weakest level in more than two weeks. Onshore yuan opened lower at 6.6750; market participants cited the stronger US dollar, while exporter currency-settlement demand was seen as a potential support for the yuan.
A weaker yuan can raise the local-currency cost of imported feed ingredients, while exporter settlement demand may limit further depreciation.
longbridge.comNov 9, 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.
