The yuan slid against the dollar as investors sought safe haven dollars during the coronavirus crisis, with the PBOC setting its weakest midpoint fix since December 11, 2019 at 7.0328. The yuan had eased 0.6 percent, less than several regional currencies.
A weaker yuan raises the cost of US agricultural imports for China, which can temper buying, but the move is modest and largely reflects dollar strength from risk aversion.
Setelah 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.