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ING expects limited upside for USD/CNY and says Chinese authorities will avoid a competitive devaluation. It forecasts USD/CNY at 7.25 in one month and 7.00 in twelve months, and says the PBOC has held off on rate cuts this year to support the renminbi.
The forecast of a stable to firmer yuan over the coming year suggests China's dollar-priced import costs will not rise sharply, which keeps feed demand steady.
think.ing.comMin Joo Kang, Lynn Song, Nicholas Mapa2024年6月17日在过去 169 次中性的宏观事件之后，人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -0.3% 至 +0.2%），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。
