
China's yuan rebounded from a near two-month low against the dollar on Thursday after the PBOC set its midpoint rate at 7.1494, well firmer than market estimates. The onshore yuan recovered to about 7.19 per dollar, while the dollar stayed near a two-month high.
A firmer yuan is modestly supportive of Chinese import purchasing power for feed ingredients, but the effect on feed prices is small and the central bank is signaling stability rather than a trend.
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.