
China's yuan slipped to a near three-week low against the dollar on Friday and was heading for a second straight weekly loss. Safe-haven demand for the dollar intensified as the Middle East conflict continued, and Brent crude rose past $105 a barrel.
The PBOC set its midpoint at 6.9141, the weakest fix since March 9.
Yuan weakness alongside a surge in crude raises China's effective cost of energy and grain imports, which can weigh on its purchasing. Stronger dollar conditions also pressure US export competitiveness for feed commodities.
Setelah 398 peristiwa makro bullish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median +0,0% selama 5 sesi (56% lebih tinggi; separuh tengah -0,3% sampai +0,5%), 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.