Loading…
HSBC raised its end-2026 yuan forecast to 6.65 per dollar from 6.75, and Deutsche Bank and Goldman Sachs also expect further gains. The banks cite strong Chinese exports, rising imports, and more stable US-China relations.
Broad expectations of a firmer yuan would reduce the dollar cost of Chinese commodity imports over time. The forecasts are views rather than new policy or flow shocks.
reuters.comMay 18, 2026After 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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
