# Yuan eases on higher corporate dollar demand, investors await Q1 GDP - Markets - Business Recorder

> China's yuan eased against the dollar on higher seasonal corporate dollar demand, snapping three days of gains. Investors were awaiting first-quarter GDP data for clues on monetary policy.

- Date: 2021-04-15 · published 2021-04-15T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/47812-yuan-eases-on-higher-corporate-dollar-demand-investors-await-q1-gdp-markets
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Routine currency movement with little direct effect on feed grain supply or demand; the yuan's direction only marginally affects Chinese import purchasing costs.

## Read by commodity

- USDCNY: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40084641

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