
China's yuan fell to its weakest level against the dollar in more than five years on Friday. Early voting in the Brexit referendum suggested Britain might leave the European Union.
A weaker yuan makes Chinese buyers less competitive on dollar-priced imports, which can dampen import demand for soybeans and meal, while broader risk-off flows can pressure commodity prices.
Na 398 eerdere opwaarts macro-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan +0,0% over 5 sessies (56% hoger; middelste helft -0,3% tot +0,5%), en +0,0% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Same-day report of yuan falling to a 5-year low on Brexit referendum fears and dollar safe-haven demand directly explains the 0.62% USD/CNY rise on June 24.
The yuan fell to a five-year low on Brexit fears on June 24, starting the move within the 5-day window.