# Investors more bullish on yuan, short bets on Thai baht ease: Reuters poll | WSAU News/Talk 550 AM · 99.9 FM | Wausau, Stevens Point

> A Reuters poll of 10 respondents showed bullish bets on the Chinese yuan at a five-month high and reduced short positions in the Thai baht. Traders cited hopes for partial US tariff removals after a Biden-Xi virtual meeting and the reopening of Thailand's tourism sector.

- Date: 2021-11-18 · published 2021-11-18T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/44311-investors-more-bullish-on-yuan-short-bets-on-thai-baht-ease-reuters-poll-wsau
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A stronger yuan lowers the cost of dollar-priced US farm imports for China, which supports demand for US soybeans and corn if tariffs ease. The impact on feed prices is still speculative.

## Read by commodity

- SOY: neutral
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-08-13 | [China sets yuan mid-point at fresh 11-yr low, but remains firmer than expectations \| Reuters](https://feedsoft.ai/events/57791-china-sets-yuan-mid-point-at-fresh-11-yr-low-but-remains-firmer-than.md) | -0.1% | +0.8% |
| USDCNY | 2019-08-06 | [Wall Street climbs more than 1% after China moves on yuan](https://feedsoft.ai/events/8380-wall-street-climbs-more-than-1-after-china-moves-on-yuan.md) | +0.1% | +1.9% |
| USDCNY | 2024-01-22 | [Exclusive: China moves to support yuan as stock markets tumble \| Reuters](https://feedsoft.ai/events/32350-exclusive-china-moves-to-support-yuan-as-stock-markets-tumble-reuters.md) | -0.2% | -0.0% |
| 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 | 2018-08-27 | [China sets yuan fix stronger than expected, revives 'X' factor By Reuters](https://feedsoft.ai/events/63742-china-sets-yuan-fix-stronger-than-expected-revives-x-factor-by-reuters.md) | +0.4% | +0.8% |
| SOY | 2019-10-29 | [PBOC set the onshore yuan at its strongest in 2 months](https://feedsoft.ai/events/56809-pboc-set-the-onshore-yuan-at-its-strongest-in-2-months.md) | +0.5% | -3.1% |
| SOY | 2025-03-07 | [Dollar dives as bull case weakens but some investors expect a bounce](https://feedsoft.ai/events/9707-dollar-dives-as-bull-case-weakens-but-some-investors-expect-a-bounce.md) | -1.7% | -0.2% |
| SOY | 2026-03-12 | [Offshore Yuan Falls on Strong Dollar — TradingView News](https://feedsoft.ai/events/11678-offshore-yuan-falls-on-strong-dollar-tradingview-news.md) | -3.2% | -2.9% |

## Sources

- wsau.com: https://wsau.com/2021/11/17/investors-more-bullish-on-yuan-short-bets-on-thai-baht-ease-reuters-poll/

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