
The yuan traded near a ten-month high after state-owned banks reportedly bought dollars to cool its rally. Super Typhoon Ragasa lifted borrowing costs in Hong Kong as business shutdowns tightened liquidity.
Goldman Sachs raised its year-end yuan forecast to 7 per dollar.
State intervention limits how quickly the yuan can strengthen, which dampens the impact of currency moves on Chinese commodity import costs. The Hong Kong funding squeeze is a short-term liquidity event with little direct effect on feed prices.
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.