
China's yuan touched a near four-year high against the dollar and a 6.5-year high against its trade-weighted basket. The PBOC set its daily midpoint at 6.3246 per dollar, the firmest since April 2018, and stayed largely silent while pre-holiday corporate demand supported the currency.
A firmer yuan lowers the local-currency cost of dollar-priced imports such as soybeans and meal, which can modestly support Chinese import demand. The effect on grain prices is limited because the move is driven mainly by currency 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.