# Volatility expected for Chinese yuan, as experts diverge on 2019 outlooks | South China Morning Post

> Traders and fund managers expect the yuan to be volatile in 2019 despite a strong start to the year. The currency fell 0.17% to 6.7892 per dollar on January 21 after its first weekly decline in five weeks. Analysts cite a narrowing current account surplus and a slowing economy as reasons the currency could weaken.

- Date: 2019-01-22 · published 2019-01-22T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/61315-volatility-expected-for-chinese-yuan-as-experts-diverge-on-2019-outlooks-south
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Expected yuan volatility adds uncertainty to the cost of dollar-priced Chinese feed imports, but the article gives no clear directional signal for feed prices.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-05-29 | [China’s mysterious new yuan formula ‘no big quick fix for market volatility’ \| South China Morning Post](https://feedsoft.ai/events/71234-china-s-mysterious-new-yuan-formula-no-big-quick-fix-for-market-volatility.md) | -0.7% | -0.2% |
| 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 | 2017-10-10 | [Chinese firms rush to hedge as yuan swings begin to sting \| South China Morning Post](https://feedsoft.ai/events/6416-chinese-firms-rush-to-hedge-as-yuan-swings-begin-to-sting-south-china-morning.md) | -1.0% | -0.3% |
| USDCNY | 2017-10-18 | [China has ‘halted intervention in yuan exchange rate market’ \| South China Morning Post](https://feedsoft.ai/events/68678-china-has-halted-intervention-in-yuan-exchange-rate-market-south-china-morning.md) | +0.2% | -0.0% |
| 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% |

## Sources

- scmp.com: https://www.scmp.com/economy/china-economy/article/2183044/volatility-expected-chinese-yuan-experts-diverge-2019-outlooks

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