
The onshore yuan reached a three-month high of 6.8373 per dollar after the tentative US-China trade truce. It has risen 1.8% over the week, its largest two-day gain since 2005.
A stronger yuan reflects easing trade tension, which supports Chinese import demand. The effect on feed prices is limited.
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.
It describes the same yuan rally driven by the trade truce, including the large two-day gain, but it is dated Dec 4 and partly reflects follow-through beyond the Dec 3 move.