
The onshore yuan hovered near 6.84 per dollar ahead of the May 1-5 market holiday, with traders awaiting the Fed rate decision. Beijing's Politburo kept its language on proactive fiscal policy and appropriately loose monetary policy, and the PBOC set its reference rate a touch weaker than expected.
Policy signals point to gradual support for growth rather than a stimulus jolt, which keeps Chinese demand for feed steady. The yuan itself is unlikely to move feed prices much in the near term.
Setelah 169 peristiwa makro netral sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -0,3% sampai +0,2%), dan -0,0% 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.