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The yuan eased against the dollar on Monday as investors awaited details of a Chinese government stimulus and the outcome of US Secretary of State Blinken's Beijing visit. The PBOC set its midpoint fix at 7.1201, while onshore spot weakened to 7.1486 by midday.
Uncertainty over stimulus scale and US-China relations keeps yuan volatility elevated, which affects Chinese buying power for imported commodities. The impact on feed prices is indirect.
brecorder.comReuters2023年6月19日在过去 398 次看涨的宏观事件之后，人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 +0.0%（56% 上涨；中间一半区间为 -0.3% 至 +0.5%），20 个交易日内为 +0.0%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
The yuan was already easing on 19 June while investors waited for stimulus details, and that set up the weaker starting level and the sentiment behind the 20 June move.
