
China's yuan touched its weakest level against the dollar in nearly a week as COVID-19 outbreaks worsened, with 9,005 new infections reported and millions of Guangzhou residents ordered to be tested. Investors were watching whether Guangzhou would face a lockdown like Shanghai's earlier in the year.
Renewed lockdown fears weaken Chinese demand sentiment and the yuan, which can make dollar-priced feed imports more expensive for Chinese buyers.
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.