# Far from 'devalued', euro surges as trade war hits yuan

> The euro rose to five-month highs against trading partners' currencies, as the yuan's slump from Sino-US trade tensions lifted the euro's trade-weighted value. The index is up 1.6% since early May and 4% since Trump took office.

- Date: 2019-06-12 · published 2019-06-12T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/58808-far-from-devalued-euro-surges-as-trade-war-hits-yuan
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger euro and weaker yuan make EU exports less competitive and Chinese goods cheaper, a signal of trade-war spillover that can shift export flows in grains and oilseeds.

## Read by commodity

- EURUSD: bullish ▲
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-08-05 | [ANALYSTS' VIEW 4 -Yuan drops through 7/dollar as Sino-U.S. trade war escalates \| Reuters](https://feedsoft.ai/events/57798-analysts-view-4-yuan-drops-through-7-dollar-as-sino-u-s-trade-war-escalates.md) | +1.8% | +3.1% |
| USDCNY | 2018-12-03 | [US-China trade war truce dings dollar; Aussie, yuan advance](https://feedsoft.ai/events/6921-us-china-trade-war-truce-dings-dollar-aussie-yuan-advance.md) | -0.7% | -1.2% |
| USDCNY | 2018-08-01 | [EM ASIA FX-Most Asian currencies tread water as Fed eyed amid trade war fears](https://feedsoft.ai/events/63792-em-asia-fx-most-asian-currencies-tread-water-as-fed-eyed-amid-trade-war-fears.md) | +0.4% | -0.0% |
| USDCNY | 2019-11-21 | [Yen Up, Yuan Dips As Trade Drama Erodes Investment Appetite](https://feedsoft.ai/events/56314-yen-up-yuan-dips-as-trade-drama-erodes-investment-appetite.md) | -0.1% | -0.4% |
| USDCNY | 2025-10-30 | [China's yuan retreats from one-year high after Trump-Xi meeting — TradingView News](https://feedsoft.ai/events/22622-china-s-yuan-retreats-from-one-year-high-after-trump-xi-meeting-tradingview-news.md) | +0.4% | -0.3% |
| EURUSD | 2026-01-19 | [EUR/USD surges above 1.1640 as Trump escalates US–EU trade war](https://feedsoft.ai/events/7348-eur-usd-surges-above-1-1640-as-trump-escalates-us-eu-trade-war.md) | +2.5% | +2.0% |
| EURUSD | 2019-12-03 | [Euro holds gains vs dollar hit by trade tariffs and weak data](https://feedsoft.ai/events/55783-euro-holds-gains-vs-dollar-hit-by-trade-tariffs-and-weak-data.md) | -0.1% | +1.4% |
| EURUSD | 2017-01-31 | [Dollar hit by crossfire as Trump talks currency wars](https://feedsoft.ai/events/73222-dollar-hit-by-crossfire-as-trump-talks-currency-wars.md) | +0.5% | -0.6% |

## Sources

- reuters.com: https://www.reuters.com/article/us-euro-forex/far-from-devalued-euro-surges-as-trade-war-hits-yuan-idUSKCN1TD1PT/

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