# China's yuan eases to 1-week low to reflect dollar rebound - Markets - Business Recorder

> The yuan eased to a one-week low against a rebounding dollar on Monday, with the PBOC setting its midpoint at a one-week low of 6.4764. Traders said the move tracked higher US yields and stimulus hopes, and the market paused after a sharp rally that followed a near 7% gain in 2020.

- Date: 2021-01-11 · published 2021-01-11T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/49365-china-s-yuan-eases-to-1-week-low-to-reflect-dollar-rebound-markets-business
- 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 yuan against a stronger dollar makes dollar-priced US feed commodities more expensive for Chinese importers, a mild negative for demand. The move is a currency-market reaction with no direct supply change.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-01-19 | [China’s yuan set to weaken for a third week against rebounding dollar - Markets - Business Recorder](https://feedsoft.ai/events/32358-china-s-yuan-set-to-weaken-for-a-third-week-against-rebounding-dollar-markets.md) | -0.4% | -0.0% |
| USDCNY | 2022-06-13 | [China’s yuan slips to 2-week low as dollar jumps on inflation data - Markets - Business Recorder](https://feedsoft.ai/events/41171-china-s-yuan-slips-to-2-week-low-as-dollar-jumps-on-inflation-data-markets.md) | +0.1% | +0.2% |
| USDCNY | 2026-06-18 | [China's yuan weakens to one-week low on strong dollar, Fed hike bets weigh - Markets - Business Recorder](https://feedsoft.ai/events/8413-china-s-yuan-weakens-to-one-week-low-on-strong-dollar-fed-hike-bets-weigh.md) | +0.6% | +0.3% |
| USDCNY | 2023-12-11 | [China’s yuan weakens to 3-week low, hurt by deflation signs - Markets - Business Recorder](https://feedsoft.ai/events/6455-china-s-yuan-weakens-to-3-week-low-hurt-by-deflation-signs-markets-business.md) | -0.7% | +0.0% |
| USDCNY | 2021-03-24 | [China's yuan slips on dollar strength, Sino-West tensions - Markets - Business Recorder](https://feedsoft.ai/events/48336-china-s-yuan-slips-on-dollar-strength-sino-west-tensions-markets-business.md) | +0.9% | -0.3% |
| DXY | 2022-06-13 | [China’s yuan slips to 2-week low as dollar jumps on inflation data - Markets - Business Recorder](https://feedsoft.ai/events/41171-china-s-yuan-slips-to-2-week-low-as-dollar-jumps-on-inflation-data-markets.md) | +1.0% | +2.9% |
| DXY | 2026-06-18 | [China's yuan weakens to one-week low on strong dollar, Fed hike bets weigh - Markets - Business Recorder](https://feedsoft.ai/events/8413-china-s-yuan-weakens-to-one-week-low-on-strong-dollar-fed-hike-bets-weigh.md) | +1.4% | +1.0% |
| DXY | 2021-03-24 | [China's yuan slips on dollar strength, Sino-West tensions - Markets - Business Recorder](https://feedsoft.ai/events/48336-china-s-yuan-slips-on-dollar-strength-sino-west-tensions-markets-business.md) | +0.8% | -0.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40049745

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