# Yuan hits fresh 10-month high on firm PBOC fixing, stock market rally — TradingView News

> The Chinese yuan rallied to a 10-month high against the dollar, with the onshore rate at 7.126 per dollar. The move was supported by firm PBOC midpoint fixings and a buoyant domestic stock market, and the yuan was on track for its biggest monthly gain since May.

- Date: 2025-08-29 · published 2025-08-29T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/23541-yuan-hits-fresh-10-month-high-on-firm-pboc-fixing-stock-market-rally
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer yuan lifts China's purchasing power for imports and can ease the cost of buying dollar-priced commodities, though the effect on feed grain prices is modest and mainly sentiment-driven.

## Read by commodity

- DXY: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-09-01 | [Yuan trades near 10-month high on firm PBOC guidance, Fed outlook — TradingView News](https://feedsoft.ai/events/23117-yuan-trades-near-10-month-high-on-firm-pboc-guidance-fed-outlook-tradingview.md) | -0.0% | -0.2% |
| USDCNY | 2025-11-12 | [Yuan touches one-week high on strong fixing, soft US jobs data — TradingView News](https://feedsoft.ai/events/22176-yuan-touches-one-week-high-on-strong-fixing-soft-us-jobs-data-tradingview-news.md) | -0.2% | -0.8% |
| USDCNY | 2025-07-01 | [China yuan hits 8-month high as Trump's tax bill dents dollar — TradingView News](https://feedsoft.ai/events/23995-china-yuan-hits-8-month-high-as-trump-s-tax-bill-dents-dollar-tradingview-news.md) | +0.1% | +0.2% |
| USDCNY | 2026-01-28 | [Yuan hits fresh 32-month high as dollar tumbles, PBOC boosts guidance \| MarketScreener](https://feedsoft.ai/events/21277-yuan-hits-fresh-32-month-high-as-dollar-tumbles-pboc-boosts-guidance.md) | -0.2% | -1.2% |
| USDCNY | 2025-06-30 | [China's yuan rises after midpoint set at highest in nearly 8 months — TradingView News](https://feedsoft.ai/events/24427-china-s-yuan-rises-after-midpoint-set-at-highest-in-nearly-8-months-tradingview.md) | +0.0% | +0.1% |
| DXY | 2025-07-01 | [China yuan hits 8-month high as Trump's tax bill dents dollar — TradingView News](https://feedsoft.ai/events/23995-china-yuan-hits-8-month-high-as-trump-s-tax-bill-dents-dollar-tradingview-news.md) | +0.4% | +1.3% |
| DXY | 2025-08-07 | [Sterling rises on hawkish BoE rate split — TradingView News](https://feedsoft.ai/events/23592-sterling-rises-on-hawkish-boe-rate-split-tradingview-news.md) | -0.3% | +0.2% |
| DXY | 2025-06-16 | [Latam FX hits all-time high, with focus on Iran-Israel tensions, cenbanks — TradingView News](https://feedsoft.ai/events/24507-latam-fx-hits-all-time-high-with-focus-on-iran-israel-tensions-cenbanks.md) | +0.7% | +0.2% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3UL09W:0-yuan-hits-fresh-10-month-high-on-firm-pboc-fixing-stock-market-rally/

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