The yuan eased against the dollar after Chinese banks suspended use of a counter-cyclical factor in the daily fixing formula. The People's Bank of China set the midpoint at a near two-week low of 6.7195 per dollar, 0.3% weaker than the previous fix.
The fixing change signals Beijing wants to slow yuan appreciation, which could support China's import costs for US commodities less than a sharp move would. Traders expect the rally to pause rather than reverse.
Setelah 31 peristiwa kebijakan bullish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median -0,2% selama 5 sesi (42% lebih tinggi; separuh tengah -0,4% sampai +0,3%), dan -0,1% 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.