Yuan rises to 1-1/2-month high - Markets

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.

• Jul 31, 2020Yuan closes trade at 4-1/2-month high - Markets - Business Recorder-0.8%
• Jan 21, 2021Yuan rises to 1-week high on weaker dollar, tighter cash conditions - Markets - Business Recorder+0.1%
• Aug 5, 2020Yuan finishes domestic trade near 5-month high, recoups 2020 losses - Markets - Business Recorder-0.4%
• Oct 28, 2025Yuan hits 1-year high on upbeat stocks, trade deal hopes - Markets - Business Recorder+0.2%
• Feb 2, 2023China’s yuan jumps to over 2-week high on Fed’s dovish tilt - Markets - Business Recorder+0.7%

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Aug 6, 2020Sterling rises to 5-month high - Markets - Business Recorder+0.3%
• Jan 21, 2021Yuan rises to 1-week high on weaker dollar, tighter cash conditions - Markets - Business Recorder+0.6%
• Aug 5, 2020Yuan finishes domestic trade near 5-month high, recoups 2020 losses - Markets - Business Recorder-0.3%
• Jun 16, 2022China’s yuan climbs to week high after expected Fed move - Markets - Business Recorder-0.7%
• May 27, 2022South African rand firms as dollar sinks to a month low - Markets - Business Recorder-0.5%