# Pessimism over Asia FX eases; yuan bearish bets at 3-month low after clampdown: Reuters poll

> A Reuters poll found that bearish bets against the yuan fell to a three-month low after Beijing clamped down on capital outflows and speculators. Emerging Asian currency sentiment improved as the US dollar lost some momentum after a months-long rally. Most analysts still expected further yuan depreciation later in the year.

- Date: 2017-01-12 · published 2017-01-12T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/10769-pessimism-over-asia-fx-eases-yuan-bearish-bets-at-3-month-low-after-clampdown
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Improved sentiment reduces near-term pressure on Asian currencies and on the costs of dollar-priced feed imports. The poll reflects positioning rather than a fundamental shift in the currency outlook.

## Read by commodity

- USDCNY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| USDCNY | 2017-01-12 | 1 | -0.7% | -3.3 | Published on the move date, it shows yuan bearish bets at a three-month low after Beijing's clampdown on outflows and speculators, with a softer dollar, consistent with CNY per USD falling. |
| USDCNY | 2017-01-17 | 5 | -1.2% | -3.1 | Bearish yuan bets fell to a three-month low after the clampdown on outflows and speculators, reflecting sentiment that supported the yuan within the window. |

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/pessimism-over-asia-fx-eases-yuan-bearish-bets-at-3-month-low-after-clampdown-reuters-poll-117011200620_1.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.