# Yuan up as dollar wobbles ahead of Jackson Hole

> The Chinese yuan climbed to 7.1314 per dollar in afternoon trade and was last about 0.4% firmer, its largest one-day gain since early August. The move followed a softer dollar ahead of Jackson Hole.

- Date: 2024-08-19 · published 2024-08-19T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/29026-yuan-up-as-dollar-wobbles-ahead-of-jackson-hole
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Routine intraday currency moves have minimal direct impact on feed commodity prices.

## Read by commodity

- USDCNY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/yuan-creeps-higher-dollar-wobbles-ahead-jackson-hole-2024-08-19/

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