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China set the yuan’s central parity rate at 6.7188 per dollar, 20 basis points weaker than Friday’s fixing, following strong U.S. payrolls data that strengthened the dollar and raised expectations of a December rate hike. October consumer inflation in China eased to 0.7% year over year, while producer inflation continued to rise.
A weaker yuan fixing can add pressure to the currency and raise the local cost of dollar-priced imports, including feed ingredients. The soft CPI reading leaves room for accommodative policy, limiting potential currency support from tighter monetary conditions.
fxstreet.hkNov 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.
