Offshore Yuan Rises 84 Pips to 6.7058 per Dollar

A single 84-pip move is routine, but the weekly gain of roughly 0.26% against the dollar is the more telling figure, since it suggests the offshore market leaned consistently in one direction rather than merely spiking on thin liquidity. The offshore rate matters because it trades outside mainland controls, so it often reflects hedging and positioning demand that onshore pricing can mask. Whether that weekly drift extends or reverses is the open question worth tracking.