
The yuan maintained its upward momentum at the start of 2022, supported by strong exports and better-than-expected economic growth in the fourth quarter of 2021. The spot rate was near 6.34 per dollar, and the CFETS basket index hit a six-year high of 102.98 on January 7 before easing slightly.
A firmer yuan lowers the local-currency cost of imported feed grains and meal, supporting Chinese import demand and modestly underpinning US and South American export values.
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.