# Yen gains, yuan falls as Hong Kong tensions heighten risk aversion | Reuters

> The yen gained and the yuan fell as tensions in Hong Kong heightened risk aversion among investors. The moves were reported in a Reuters market wrap dated November 28, 2019, alongside revised US third-quarter growth data.

- Date: 2019-11-28 · published 2019-11-28T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/56291-yen-gains-yuan-falls-as-hong-kong-tensions-heighten-risk-aversion-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan lowers the cost of Chinese exports and can weigh on Chinese import demand for feed ingredients priced in dollars. Risk-off moves in Asian currencies are a secondary factor for grain and meal prices.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-01-19 | [S.Korean won falls as Yellen signals rate hike; stocks edge up \| Reuters](https://feedsoft.ai/events/73205-s-korean-won-falls-as-yellen-signals-rate-hike-stocks-edge-up-reuters.md) | -0.4% | -1.5% |
| DXY | 2026-07-31 | [Dollar slips against yen as intervention risks drag \| Reuters](https://feedsoft.ai/events/18579-dollar-slips-against-yen-as-intervention-risks-drag-reuters.md) | -0.1% | -1.1% |
| DXY | 2024-10-31 | [Dollar falls against yen, US data leaves rate cut hopes intact \| Reuters](https://feedsoft.ai/events/28067-dollar-falls-against-yen-us-data-leaves-rate-cut-hopes-intact-reuters.md) | +0.7% | +1.4% |
| DXY | 2026-09-11 | [Dollar holds gains, yen slips as Mideast energy shock deepens \| Reuters](https://feedsoft.ai/events/17643-dollar-holds-gains-yen-slips-as-mideast-energy-shock-deepens-reuters.md) | +1.1% | +2.9% |
| DXY | 2026-02-23 | [Dollar weakens as US tariffs struck down, Iran tensions rise \| Reuters](https://feedsoft.ai/events/20830-dollar-weakens-as-us-tariffs-struck-down-iran-tensions-rise-reuters.md) | -0.1% | +1.9% |
| USDCNY | 2020-02-03 | [China's yuan weakens but falling yen points to risk recovery](https://feedsoft.ai/events/5135-china-s-yuan-weakens-but-falling-yen-points-to-risk-recovery.md) | +1.2% | +0.6% |
| USDCNY | 2022-08-25 | [Inflation-hit world cheers China’s falling yuan \| Reuters](https://feedsoft.ai/events/40261-inflation-hit-world-cheers-china-s-falling-yuan-reuters.md) | +0.5% | +3.2% |
| USDCNY | 2024-12-03 | [CNY/USD: China’s Yuan Falls to One-Year Low on Tariff Risk, Dollar Gains - Bloomberg](https://feedsoft.ai/events/27168-cny-usd-china-s-yuan-falls-to-one-year-low-on-tariff-risk-dollar-gains-bloomberg.md) | -0.2% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/currencies/yen-gains-yuan-falls-as-hong-kong-tensions-heighten-risk-aversion-idUSL4N28814H/

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