China's yuan firms up further post Trump comments

After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.

• Jan 11, 2019Yuan rallies to five year highs as US-China deal on trade gathers momentum | The National-0.2%
• Jul 21, 2017As Donald Trump faces headwinds, China's yuan climbs against the dollar-0.2%
• Jun 29, 2022China's yuan firms as Beijing eases quarantine rules | Financial Post0.0%
• Sep 21, 2017China's yuan inches up as post-Fed US dollar rally fades - The Business Times+1.1%
• Nov 6, 2019China sets yuan midpoint at three-month high | Financial Post+0.2%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Nov 10, 2016Donald Trump's win in US presidential election sends China yuan to six-year low against dollar+1.9%
• Jan 11, 2017Why the Chinese yuan’s next move may hinge on Trump’s press conference-0.7%
• Jun 27, 2016Update | Chinese yuan slides to 5-year low, pound slumps further in Brexit aftershock | South China Morning Post-0.4%
• May 5, 2022US Fed rate hike: how can China stem capital outflow and prop up the yuan? | South China Morning Post+0.7%
• May 8, 2024China’s yuan slips as hawkish Fed comments boost dollar - Markets - Business Recorder-0.1%