The yuan edged lower against the dollar on Monday as fresh Sino-U.S. tensions, including a Trump administration plan to restrict 89 Chinese aerospace and other firms from buying U.S. goods and technology, weighed on the currency. The yuan had earlier reached a 29-month high after Joe Biden's election win.
A weaker yuan makes Chinese purchases of U.S. farm goods relatively more expensive, so renewed trade friction is a modest negative for U.S. feed-grain export demand and supportive of the dollar against feed-importing currencies.
Na 40 eerdere opwaarts handel-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan +0,6% over 5 sessies (75% hoger; middelste helft +0,0% tot +1,4%), en +1,1% 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.