# Yuan Top Forecaster Sees No End to Losses as China Economy Slows - Bloomberg

> Allan von Mehren, ranked by Bloomberg as the most accurate yuan forecaster, expects the yuan to fall to 7.26 per dollar by the end of September. That implies a 5 percent drop from current levels. His forecast is more pessimistic than the median estimate.

- Date: 2017-01-16 · published 2017-01-16T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/11878-yuan-top-forecaster-sees-no-end-to-losses-as-china-economy-slows-bloomberg
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A forecast of a weaker yuan implies higher dollar costs for Chinese buyers of imported feed ingredients, although forecasts do not guarantee actual moves.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2016-11-16 | [China’s Yuan Tumbles to Eight-Year Low as Banks Weaken Forecasts - Bloomberg](https://feedsoft.ai/events/7741-china-s-yuan-tumbles-to-eight-year-low-as-banks-weaken-forecasts-bloomberg.md) | +0.5% | +0.7% |
| USDCNY | 2023-08-22 | [Wall Street Sees No End to Yuan (CNY USD) Losses Despite China Pushback - Bloomberg](https://feedsoft.ai/events/34805-wall-street-sees-no-end-to-yuan-cny-usd-losses-despite-china-pushback-bloomberg.md) | +0.0% | +0.1% |
| USDCNY | 2024-04-29 | [CNY USD: Yuan Devaluation Debate Surfaces as Way to Support China Economy - Bloomberg](https://feedsoft.ai/events/30953-cny-usd-yuan-devaluation-debate-surfaces-as-way-to-support-china-economy.md) | -0.1% | -0.1% |
| USDCNY | 2021-06-17 | [China’s PBOC Braces for Weaker Yuan as Fed Plans Tapering - Bloomberg](https://feedsoft.ai/events/7116-china-s-pboc-braces-for-weaker-yuan-as-fed-plans-tapering-bloomberg.md) | +1.2% | +1.0% |
| USDCNY | 2022-09-29 | [CNY/USD: Why China’s Yuan Hit Record Lows Against the Dollar - Bloomberg](https://feedsoft.ai/events/7207-cny-usd-why-china-s-yuan-hit-record-lows-against-the-dollar-bloomberg.md) | -1.2% | +0.3% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-01-16/yuan-top-forecaster-sees-no-end-to-losses-as-china-economy-slows

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