China’s yuan hits lowest level in months as Trump tariff threats roil currencies

After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% over 20.

• Oct 31, 2018China to sell new yuan bills in Hong Kong – a new tool to control the currency now at a 10-year low | South China Morning Post-0.7%
• Nov 12, 2024China’s yuan weakens to 3-1/2-month low as Trump tariff threat weighs - Markets - Business Recorder+0.8%
• Nov 14, 2016Chinese yuan tumbles to a seven-year low as dollar surges | South China Morning Post+1.3%
• Jan 20, 2025A weakening yuan tests Beijing's resolve as Trump tariff threats loom-1.0%
• Jul 24, 2024Chinese yuan hits eight-month low as commodities currencies continue slide-0.3%

After 273 past bearish macro events, Soybeans moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% over 20.

• Nov 12, 2024China’s yuan weakens to 3-1/2-month low as Trump tariff threat weighs - Markets - Business Recorder-0.2%
• Jan 20, 2025A weakening yuan tests Beijing's resolve as Trump tariff threats loom+1.1%
• Nov 28, 2024Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast+0.5%
• Apr 21, 2022China's yuan slides to 6-month low as tightening prospects help dollar | Financial Post-1.2%
• Oct 26, 2026Soybeans Hit 2-Month Low as Lula’s Win Lifts China Trade Outlook-1.5%