
The Chinese yuan jumped as much as 0.56% to 6.8100 per dollar, its strongest level since May 2019, as the dollar hit a two-year low. The People's Bank of China had set its daily fixing weaker than expected for three sessions, which may signal Beijing wanted to slow the rally.
A stronger yuan makes dollar-priced feed imports cheaper for China, which can support Chinese demand for US grains and meal, though the effect on prices is modest.
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.