
China's foreign exchange regulator said the yuan's recent gains are driven by the economy and a weaker dollar. It expects two-way fluctuations to be the norm.
It also said Chinese investment in US Treasuries is market-driven and that the Fed's policy impact on capital flows is weakening.
The comments signal that the yuan will move more freely in both directions, which adds currency volatility to dollar-priced feed import costs. The statement itself does not signal a clear directional move.
Setelah 169 peristiwa makro netral sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -0,3% sampai +0,2%), 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.