# The big currency winners of 2025 so far do not include the dollar

> Analysis shows the Chinese yuan has strengthened this year to about 7.25 per dollar despite being hit by more US tariffs than most currencies. Several other emerging Asian currencies and the Swedish crown have gained more against the dollar.

- Date: 2025-03-14 · published 2025-03-14T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/25792-the-big-currency-winners-of-2025-so-far-do-not-include-the-dollar
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A firmer yuan reduces the pressure on Chinese importers' costs for dollar-priced feed, but Beijing's tolerance of a stable currency supports exporters and leaves China's import demand for US grains and meal less affected by currency moves.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-02-23 | [Chinese yuan against the dollar: China currency appreciation](https://feedsoft.ai/events/66714-chinese-yuan-against-the-dollar-china-currency-appreciation.md) | +0.1% | -0.3% |
| USDCNY | 2020-02-04 | [China signals support for yuan with currency fix stronger than 7 per US dollar \| The Straits Times](https://feedsoft.ai/events/5134-china-signals-support-for-yuan-with-currency-fix-stronger-than-7-per-us-dollar.md) | -0.6% | -0.9% |
| USDCNY | 2018-07-24 | [VN currency suffers from US-China trade war \| VOV.VN](https://feedsoft.ai/events/64334-vn-currency-suffers-from-us-china-trade-war-vov-vn.md) | +0.3% | +0.9% |
| USDCNY | 2021-02-03 | [The Asian currency reached a multi-year high in 2020; what will happen in 2021? (Includes information on some SGX foreign exchange futures contracts)](https://feedsoft.ai/events/48865-the-asian-currency-reached-a-multi-year-high-in-2020-what-will-happen-in-2021.md) | -0.4% | +0.2% |
| USDCNY | 2017-01-14 | [China’s currency upsets forecasts by beginning the new year stronger](https://feedsoft.ai/events/11877-china-s-currency-upsets-forecasts-by-beginning-the-new-year-stronger.md) | -0.6% | -0.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/big-currency-winners-2025-so-far-do-not-include-dollar-2025-03-14/

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