
The yuan rose to its highest level in nearly 10 months against the dollar as tensions between the US and China eased. Chinese authorities appear willing to tolerate a stronger currency while the economy remains resilient.
The yuan has gained nearly 4% against the dollar since April.
A firmer yuan lowers the local-currency cost of dollar-priced imports, which can support Chinese buying of feed commodities at the margin. The move signals improved US-China relations, which could ease trade frictions affecting soybean and grain flows.
Na 362 eerdere neerwaarts macro-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan -0,1% over 5 sessies (42% hoger; middelste helft -0,4% tot +0,1%), en -0,2% 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.