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The yuan fell to its weakest level since December against the dollar after the People's Bank of China cut its one- and five-year loan prime rates to support an economy hit by the coronavirus outbreak. Investors expect further easing, and Citi sees USD/CNY near 7.05 within three months.
Yuan weakness raises the cost of dollar-priced feed imports for China and eases pressure on its manufacturers, which can support demand for feed ingredients over time. Easing that keeps the yuan soft tends to lift the dollar's value against it.
過去の強気なマクロイベント398件の後、中国人民元(1 USDあたりCNY) は5営業日で中央値 +0.0% 動き(56% が上昇。中央50%は -0.3% から +0.5%)、20営業日では +0.0% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。