
China's yuan softened on Wednesday after a strong rally earlier in the week, as the central bank signaled a preference for slower appreciation. The PBOC raised a macro prudential coefficient for firms making overseas loans, which analysts called indirect currency intervention.
The official midpoint was fixed at its firmest level since June 2018 but slightly weaker than expected.
A stronger yuan and central bank resistance to rapid gains affect the currency backdrop for Chinese feed import demand and dollar-priced commodity purchases. The effect on grain prices is indirect and modest.
在过去 362 次看跌的宏观事件之后,人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 -0.1%(42% 上涨;中间一半区间为 -0.4% 至 +0.1%),20 个交易日内为 -0.2%。
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。