# The Yuan: Key Factors to Watch in 2019 - Caixin Global

> The yuan hit a 10-year low against the dollar in October 2018 and has since recovered slightly but still trades near 7 per dollar. Key 2019 drivers include trade-war negotiations, slowing Chinese growth and the path of Fed rate hikes. Analysts see little chance of a significant yuan rally.

- Date: 2018-12-13 · published 2018-12-13T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/61796-the-yuan-key-factors-to-watch-in-2019-caixin-global
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weak yuan raises the cost of US feed ingredients for Chinese buyers and can curb import demand. Outcomes of the trade talks are the main swing factor for export demand in 2019.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2022-02-23 | [Fisher: Why U.S. Rate Hikes Won’t Whack the Yuan — or Chinese Stocks - Caixin Global](https://feedsoft.ai/events/42931-fisher-why-u-s-rate-hikes-won-t-whack-the-yuan-or-chinese-stocks-caixin-global.md) | -0.2% | +0.6% |
| USDCNY | 2021-12-10 | [CX Daily: Yuan-Dollar Breakup, PBOC Warnings Signal Rocky Road for Currency in 2022 - Caixin Global](https://feedsoft.ai/events/43819-cx-daily-yuan-dollar-breakup-pboc-warnings-signal-rocky-road-for-currency-in.md) | -0.2% | -0.0% |
| USDCNY | 2022-11-07 | [PBOC Ends Stronger-Than-Expected Yuan Fixings Amid Covid Bets - Caixin Global](https://feedsoft.ai/events/38904-pboc-ends-stronger-than-expected-yuan-fixings-amid-covid-bets-caixin-global.md) | -3.1% | -4.2% |
| USDCNY | 2018-03-30 | [The yuan can't win back investor trust  - Nikkei Asia](https://feedsoft.ai/events/66214-the-yuan-can-t-win-back-investor-trust-nikkei-asia.md) | +0.3% | +0.7% |
| USDCNY | 2024-03-27 | [Watch China's Confusing Signals on the Yuan - Bloomberg](https://feedsoft.ai/events/31442-watch-china-s-confusing-signals-on-the-yuan-bloomberg.md) | +0.2% | +0.4% |

## Sources

- caixinglobal.com: https://www.caixinglobal.com/2018-12-13/the-yuan-key-factors-to-watch-in-2019-101358842.html

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