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The USD/CNY pair rose to 6.6145, its highest level since December 19. The yuan has fallen since the PBOC refrained from raising rates after a Fed hike and cut the reserve requirement ratio for some banks.
Analysts see the central bank increasingly favoring a weaker currency to cushion the impact of Trump's trade measures.
A weaker yuan raises the cost of dollar-priced US farm imports for China, potentially reducing purchases of soybeans and feed ingredients. The currency move is a signal of trade-war pressure on Chinese import demand.
forexcrunch.comFX Street2018/06/27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。
USD/CNY rose to its highest since December as the PBOC did not follow the Fed's hike and cut the reserve requirement ratio, a policy divergence that weakened the yuan.
