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An FxWirePro commentary says the yuan has depreciated steadily since August 2015, at an annualized pace of about 7.3 percent. It attributes the trend to the PBoC's controlled approach and to expectations of US tax cuts and infrastructure spending under Trump.
Those expectations have strengthened the dollar and complicated the PBoC's management of the currency.
Expectations that the yuan will keep weakening against the dollar pressure Chinese import buying power for dollar-priced feed ingredients. The dollar strength behind the trend is also a headwind for US commodity prices.
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。