# Gathering US-China storm clouds herald restless time for yuan - Gulf Times

> The yuan has weakened against its trade-weighted basket over the past three weeks, partly due to dollar slide and partly due to rising US-China tensions. Analysts expect geopolitical risks to limit any yuan rally before the US election.

- Date: 2020-07-31 · published 2020-07-31T12:00:00.000Z
- Category: geopolitics · region China · magnitude low
- Page: https://feedsoft.ai/events/52324-gathering-us-china-storm-clouds-herald-restless-time-for-yuan-gulf-times
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heightened US-China tension raises the risk to Chinese purchases of US farm goods under the phase one deal, a factor that can weigh on US grain and soybean prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-01-23 | [China sets yuan at strongest rate in years as Greenland furore affects US dollar \| South China Morning Post](https://feedsoft.ai/events/21281-china-sets-yuan-at-strongest-rate-in-years-as-greenland-furore-affects-us.md) | -0.3% | -1.0% |
| USDCNY | 2025-01-20 | [China’s yuan rises to over two-week high on positive US-China talk, better economic data - Markets - Business Recorder](https://feedsoft.ai/events/9601-china-s-yuan-rises-to-over-two-week-high-on-positive-us-china-talk-better.md) | -1.0% | -0.6% |
| USDCNY | 2026-06-15 | [China’s Yuan Hit A Three-Year High As The Dollar Slipped - Finimize](https://feedsoft.ai/events/8414-china-s-yuan-hit-a-three-year-high-as-the-dollar-slipped-finimize.md) | +0.2% | +0.1% |
| USDCNY | 2020-07-15 | [China's yuan firms on weaker dollar but renewed Sino-U.S. worries cap gains \| Financial Post](https://feedsoft.ai/events/52325-china-s-yuan-firms-on-weaker-dollar-but-renewed-sino-u-s-worries-cap-gains.md) | -0.4% | -0.9% |
| USDCNY | 2020-05-29 | [China steps in to defend the yuan, as US tensions and Hong Kong uncertainty send currency tumbling \| South China Morning Post](https://feedsoft.ai/events/53376-china-steps-in-to-defend-the-yuan-as-us-tensions-and-hong-kong-uncertainty-send.md) | -0.5% | -1.0% |
| SOY | 2020-07-15 | [China's yuan firms on weaker dollar but renewed Sino-U.S. worries cap gains \| Financial Post](https://feedsoft.ai/events/52325-china-s-yuan-firms-on-weaker-dollar-but-renewed-sino-u-s-worries-cap-gains.md) | +1.6% | -0.5% |
| SOY | 2022-04-25 | [China Lockdown Angst Rips Through Markets; CSI 300 Stocks, Yuan (CNY/USD) Plunge - Bloomberg](https://feedsoft.ai/events/7338-china-lockdown-angst-rips-through-markets-csi-300-stocks-yuan-cny-usd-plunge.md) | -0.5% | -0.6% |
| SOY | 2022-03-29 | [Grains Remain Under Selling Pressure as Trading Closes](https://feedsoft.ai/events/7629-grains-remain-under-selling-pressure-as-trading-closes.md) | -3.7% | +2.5% |

## Sources

- gulf-times.com: https://www.gulf-times.com/story/669619/gathering-us-china-storm-clouds-herald-restless-time-for-yuan

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