# Dollar down in choppy trade on Trump tariff confusion | Reuters

> The dollar fell in choppy trading after reports that Trump's aides were debating tariff plans. The yuan strengthened 0.16% to 7.348 per dollar, after the dollar hit a 26-month high against it the prior week. China is seen as a major target of Trump's tariffs.

- Date: 2025-01-06 · published 2025-01-06T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/26719-dollar-down-in-choppy-trade-on-trump-tariff-confusion-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Tariff uncertainty on China drives currency swings that affect the relative competitiveness of US versus South American feed grains and soybeans in Chinese buying decisions.

## Read by commodity

- DXY: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-02-23 | [Dollar weakens as US tariffs struck down, Iran tensions rise \| Reuters](https://feedsoft.ai/events/20830-dollar-weakens-as-us-tariffs-struck-down-iran-tensions-rise-reuters.md) | -0.1% | +1.9% |
| DXY | 2025-01-23 | [Dollar dips after Trump comments as markets eye tariffs, central banks \| Reuters](https://feedsoft.ai/events/12674-dollar-dips-after-trump-comments-as-markets-eye-tariffs-central-banks-reuters.md) | +0.0% | -1.0% |
| DXY | 2023-12-28 | [Dollar falls against yen, gains on euro in choppy trading](https://feedsoft.ai/events/32900-dollar-falls-against-yen-gains-on-euro-in-choppy-trading.md) | +1.0% | +1.8% |
| DXY | 2026-10-21 | [Dollar dips as traders wait on Fed; Aussie gains By Reuters](https://feedsoft.ai/events/650-dollar-dips-as-traders-wait-on-fed-aussie-gains-by-reuters.md) | +0.5% | — |
| DXY | 2025-10-16 | [Dollar dented by simmering trade tensions, rate cut bets \| Reuters](https://feedsoft.ai/events/22668-dollar-dented-by-simmering-trade-tensions-rate-cut-bets-reuters.md) | +0.0% | -0.1% |
| USDCNY | 2025-09-03 | [China uses yuan as olive branch in US trade talks \| Reuters](https://feedsoft.ai/events/23113-china-uses-yuan-as-olive-branch-in-us-trade-talks-reuters.md) | -0.3% | -0.3% |
| USDCNY | 2023-06-27 | [China steps in to stem yuan slide, shore up confidence \| Reuters](https://feedsoft.ai/events/10488-china-steps-in-to-stem-yuan-slide-shore-up-confidence-reuters.md) | +0.0% | -1.4% |
| USDCNY | 2025-06-11 | [JPMorgan lifts yuan forecast on easing tariff risks, de-dollarisation trend](https://feedsoft.ai/events/24432-jpmorgan-lifts-yuan-forecast-on-easing-tariff-risks-de-dollarisation-trend.md) | -0.0% | -0.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-holds-near-two-year-high-yuan-under-threat-2025-01-06/

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