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The onshore yuan closed at 6.6735 per dollar, down 24 pips for a second consecutive session, while the daily midpoint weakened 20 pips to 6.7188. Market participants cited a rebound in the U.S. dollar after strong U.S. payroll data as a source of pressure on the yuan.
A weaker yuan raises the local-currency cost of imported feed ingredients, although seasonal corporate foreign-exchange settlement could limit further depreciation. The exchange-rate move is modest and does not point to a specific global commodity price shift.
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.
