
The Chinese yuan has fallen about 4% against the dollar over two months as weak consumer confidence and a sluggish property market eroded the post-pandemic recovery. China then stepped in and the yuan rose about 0.4% on Tuesday, its best gain in almost two weeks.
Beijing's intervention to stabilise the yuan reduces near-term pressure on Asian currencies and eases fears of a sharper slowdown in Chinese feed demand, but the underlying growth weakness persists.
Setelah 362 peristiwa makro bearish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median -0,1% selama 5 sesi (42% lebih tinggi; separuh tengah -0,4% sampai +0,1%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.