
The yuan reached 6.5151 per dollar, recouping all of its 2016 losses and gaining more than 6% year to date. Analysts have raised forecasts after the currency beat many year-end targets.
The yuan has also been discussed as a possible safe-haven currency amid US-North Korea tensions.
Continued yuan appreciation, supported by capital controls and intervention, lowers the yuan cost of dollar-priced imports for China. The effect on feed commodity 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.