# Pause in yuan's rise to persist through November 3 US election

> The PBoC set the yuan's central parity at 6.8101 per dollar on September 30, the first daily advance in the fixing since September 18. Strong September PMI readings, including a new export orders sub-index above 50, supported the currency, while US election uncertainty continues to support the dollar.

- Date: 2020-09-30 · published 2020-09-30T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/51320-pause-in-yuan-s-rise-to-persist-through-november-3-us-election
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected yuan stability through the US election keeps Chinese import costs steady, while dollar safe-haven demand limits downside for US-priced commodities.

## Read by commodity

- DXY: bullish ▲
- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-01-20 | [CNY at a glance: A surprise post-US election outperformer \| ING THINK](https://feedsoft.ai/events/9597-cny-at-a-glance-a-surprise-post-us-election-outperformer-ing-think.md) | -1.0% | -0.6% |
| USDCNY | 2024-08-30 | [China’s yuan volatility rising on interest rates, US presidential election: Goldman \| South China Morning Post](https://feedsoft.ai/events/29023-china-s-yuan-volatility-rising-on-interest-rates-us-presidential-election.md) | -0.1% | -1.2% |
| USDCNY | 2024-10-07 | [US election, jobs data to pressure China’s yuan as stimulus shores it up: analysts \| South China Morning Post](https://feedsoft.ai/events/11041-us-election-jobs-data-to-pressure-china-s-yuan-as-stimulus-shores-it-up.md) | +0.7% | +1.2% |
| USDCNY | 2019-11-01 | [No major changes in the yuan’s exchange rate since August](https://feedsoft.ai/events/56297-no-major-changes-in-the-yuan-s-exchange-rate-since-august.md) | -0.9% | +0.0% |
| USDCNY | 2024-11-04 | [Yuan bounces as traders brace for US election volatility - Markets - Business Recorder](https://feedsoft.ai/events/6695-yuan-bounces-as-traders-brace-for-us-election-volatility-markets-business.md) | +0.8% | +2.3% |
| DXY | 2025-01-20 | [CNY at a glance: A surprise post-US election outperformer \| ING THINK](https://feedsoft.ai/events/9597-cny-at-a-glance-a-surprise-post-us-election-outperformer-ing-think.md) | -1.1% | -1.7% |
| DXY | 2016-11-10 | [Donald Trump's win in US presidential election sends China yuan to six-year low against dollar](https://feedsoft.ai/events/7740-donald-trump-s-win-in-us-presidential-election-sends-china-yuan-to-six-year-low.md) | +1.9% | +2.3% |
| DXY | 2024-03-01 | [JPY/USD Yen Weakens Through 150 Per Dollar, Raising Intervention Risk](https://feedsoft.ai/events/31916-jpy-usd-yen-weakens-through-150-per-dollar-raising-intervention-risk.md) | -0.8% | -0.1% |

## Sources

- asiafinancial.com: https://www.asiafinancial.com/pause-in-yuans-rise-to-persist-through-november-3-us-election

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