
China's onshore yuan rose to nearly a two-month high against the dollar, aided by the central bank's guidance and improved sentiment. Support came from property-sector measures and the easing of some COVID-19 restrictions.
A stronger yuan and better sentiment on China's economy modestly support import demand and the outlook for commodity purchases.
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.
On Nov 14 the onshore yuan hit a near two-month high, helped by central bank guidance, property support and COVID easing, directly matching the move day.
Onshore yuan reached near two-month high on PBOC guidance, property support and COVID easing, extending the move to the end of the window.