# Yuan rises to 1-week high on weaker dollar, tighter cash conditions - Markets - Business Recorder

> The yuan rose to a one-week high against a weaker US dollar on Thursday, with the dollar index falling to 90.311. Traders cited optimism over a large US stimulus package under President Biden and a seasonal rise in corporate yuan demand before Lunar New Year.

- Date: 2021-01-21 · published 2021-01-21T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/49362-yuan-rises-to-1-week-high-on-weaker-dollar-tighter-cash-conditions-markets
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and firmer yuan make US feed commodities cheaper for Chinese buyers, which can support demand for corn, soybeans and meal. The effect is small compared with direct trade or crop news.

## Read by commodity

- DXY: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-07-31 | [Yuan rises to 1-1/2-month high - Markets - Business Recorder](https://feedsoft.ai/events/18572-yuan-rises-to-1-1-2-month-high-markets-business-recorder.md) | -0.1% | -0.5% |
| USDCNY | 2023-02-02 | [China’s yuan jumps to over 2-week high on Fed’s dovish tilt - Markets - Business Recorder](https://feedsoft.ai/events/37551-china-s-yuan-jumps-to-over-2-week-high-on-fed-s-dovish-tilt-markets-business.md) | +0.7% | +2.5% |
| USDCNY | 2020-07-31 | [Yuan closes trade at 4-1/2-month high - Markets - Business Recorder](https://feedsoft.ai/events/52323-yuan-closes-trade-at-4-1-2-month-high-markets-business-recorder.md) | -0.8% | -1.6% |
| USDCNY | 2022-06-16 | [China’s yuan climbs to week high after expected Fed move - Markets - Business Recorder](https://feedsoft.ai/events/41169-china-s-yuan-climbs-to-week-high-after-expected-fed-move-markets-business.md) | -0.2% | +0.7% |
| USDCNY | 2025-10-28 | [Yuan hits 1-year high on upbeat stocks, trade deal hopes - Markets - Business Recorder](https://feedsoft.ai/events/22633-yuan-hits-1-year-high-on-upbeat-stocks-trade-deal-hopes-markets-business.md) | +0.2% | -0.4% |
| DXY | 2026-07-31 | [Yuan rises to 1-1/2-month high - Markets - Business Recorder](https://feedsoft.ai/events/18572-yuan-rises-to-1-1-2-month-high-markets-business-recorder.md) | -0.1% | -1.1% |
| DXY | 2020-08-06 | [Sterling rises to 5-month high - Markets - Business Recorder](https://feedsoft.ai/events/51867-sterling-rises-to-5-month-high-markets-business-recorder.md) | +0.3% | -0.7% |
| DXY | 2022-06-16 | [China’s yuan climbs to week high after expected Fed move - Markets - Business Recorder](https://feedsoft.ai/events/41169-china-s-yuan-climbs-to-week-high-after-expected-fed-move-markets-business.md) | -0.7% | +1.5% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40054317

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