
The onshore yuan rose about 1 percent in October and broke the 6.40 level against the dollar, heading for its best month since May. The author attributes the gain to strong export growth and a record trade surplus, and argues the currency can keep rising ahead of the Fed's expected taper announcement.
A firmer yuan supported by strong trade can raise China's purchasing power for imports, but this opinion piece describes a currency trend and does not signal a direct change in feed commodity demand.
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.