
The yuan touched a more than 19-month low against the dollar and breached a key threshold, heading for a sixth straight weekly loss. It has fallen more than 6% in four weeks, and the PBOC set its fix at a fresh weak level of 6.7898.
A sharp yuan depreciation makes dollar-priced imports more expensive for China while easing export pressure, which can weigh on Chinese buying of feed grains and meal. Authorities appear willing to tolerate the weakness as a growth support.
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.