◂ Event Timeline

Nov 12, 2026MACROChina

China's yuan inches higher as PBOC sets firmer guidance

The yuan rose slightly after the People's Bank of China set a firmer daily midpoint. The article gives no further detail.

WHY IT MATTERS

A small move in the yuan has little direct effect on feed commodity prices.

AFFECTSChinese Yuan (CNY per USD)▼

SOURCE
tradingview.comNov 12, 2026

Price reaction & history

Chinese Yuan (CNY per USD)▼bearish

After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.

Oct 10, 2024China’s yuan inches higher as PBOC support offsets dollar strength - Markets - Business Recorder+0.6%
Jan 28, 2021China's yuan inches up as tight liquidity pushes interbank rates higher | Financial Post-0.3%
Nov 23, 2023China’s yuan hovers around 4-month highs on firmer official guidance fix - Markets - Business Recorder-0.3%
Jul 15, 2021China's yuan inches higher, GDP data caps gains - Markets - Business Recorder-0.0%
Aug 30, 2021China’s yuan touches 3-week high - Business & Finance - Business Recorder-0.3%

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.

Chinese Yuan (CNY per USD) USDCNY · GP ▸

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