
Analysts said the yuan's next move may depend on President-elect Trump's first press conference since July, scheduled for January 11. Trump had vowed to label China a currency manipulator and threatened tariffs of up to 45 percent on Chinese exports to the US.
The yuan had fallen to near eight-year lows after the election, mainly because of dollar strength.
Possible tariffs and currency-manipulation accusations would disrupt US-China trade flows, including agricultural purchases. Dollar strength and yuan weakness together raise the cost of dollar-priced commodities for Chinese buyers.
Tras 398 eventos alcista de macro pasados, Yuan chino (CNY por USD) se movió una mediana de +0,0 % en 5 sesiones (56% al alza; mitad central entre -0,3 % y +0,5 %), y +0,0 % en 20.
Tras 2356 eventos alcista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de +0,2 % en 5 sesiones (60% al alza; mitad central entre -0,3 % y +0,7 %), y +0,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Trump's January 11 press conference was a key event risk, and a weaker dollar after it plausibly drove the 1-day yuan gain.