# USD/CNY: Yuan-pessimistic view gains adepts – Commerzbank — Octa

> Commerzbank economists argue bearish pressure is building on the yuan due to governance and reputational risks tied to China's political system and COVID strategy. They say free-flowing export revenue currently supports the currency, but this could fade if global durable goods demand normalises or the West enters recession.

- Date: 2022-07-18 · published 2022-07-18T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/40704-usd-cny-yuan-pessimistic-view-gains-adepts-commerzbank-octa
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan could raise China's dollar-denominated import costs for feed ingredients over time, but this is an analyst view on future currency risk with no immediate price effect.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-07-26 | [CNY: No turning point – Commerzbank — Octa](https://feedsoft.ai/events/29508-cny-no-turning-point-commerzbank-octa.md) | +0.2% | -1.2% |
| USDCNY | 2026-06-29 | [Chinese Yuan: China slowdown weighs on CNY against US Dollar – Commerzbank](https://feedsoft.ai/events/19039-chinese-yuan-china-slowdown-weighs-on-cny-against-us-dollar-commerzbank.md) | -0.0% | -0.5% |
| USDCNY | 2024-02-27 | [Yuan will likely remain weak as China continues to muddle through its structural challenges – Commerzbank — Octa](https://feedsoft.ai/events/31897-yuan-will-likely-remain-weak-as-china-continues-to-muddle-through-its.md) | +0.0% | +0.2% |
| USDCNY | 2017-08-25 | [Chinese yuan weakens to 6.6579 against USD Friday - Chinadaily.com.cn](https://feedsoft.ai/events/10858-chinese-yuan-weakens-to-6-6579-against-usd-friday-chinadaily-com-cn.md) | -1.1% | -1.1% |
| USDCNY | 2024-12-03 | [CNY/USD: China’s Yuan Falls to One-Year Low on Tariff Risk, Dollar Gains - Bloomberg](https://feedsoft.ai/events/27168-cny-usd-china-s-yuan-falls-to-one-year-low-on-tariff-risk-dollar-gains-bloomberg.md) | -0.2% | +0.4% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/984097/

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