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Analysts expect China to keep the yuan stronger than 7 per US dollar, a condition they see as part of a trade deal with the United States ahead of a March 1 deadline. The People's Bank of China has intervened successfully to defend that level and has ample tools to continue doing so.
The PBOC let the yuan slide about 12% between late March and October during the trade war.
A firmer yuan reduces Chinese import costs and signals that a trade deal is progressing, which supports Chinese buying of US farm goods. A breakdown in the deal would put pressure on the yuan and on US agricultural export demand.
scmp.comKaren Yeung2018/12/24過去の中立なマクロイベント169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（50% が上昇。中央50%は -0.3% から +0.2%）、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。
