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The yuan weakened on Monday as seasonal corporate dollar demand pressed on the currency. Chinese regulators also said they would study letting individuals invest in overseas securities and insurance products within a $50,000 annual quota.
The yuan's strength had raised concerns about bubble risk.
A weaker yuan and possible capital outflows affect the cost of dollar-priced feed imports for Chinese buyers. Currency moves change the relative competitiveness of US feed grains and meal.
brecorder.comReuters22 Feb 2021Setelah 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.
