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> The yuan has fallen more than 3% against the dollar over the past two weeks as US-China tensions escalated. Both countries have threatened new tariffs on each other's exports, with Trump proposing duties on hundreds of billions of dollars of Chinese goods. The Fed's rate hikes have also strengthened the dollar.

- Date: 2018-06-28 · published 2018-06-28T12:00:00.000Z
- Category: macro · region China · magnitude medium
- Page: https://feedsoft.ai/events/64736-thanks-for-visiting-cnnmoney
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Tariff threats combined with a weaker yuan raise the risk of reduced Chinese demand for US farm exports, pressuring soybean and feed prices. A stronger dollar adds to the pressure on commodity values priced in dollars.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-10-24 | [Bears circle China's yuan gearing for Trump win](https://feedsoft.ai/events/28076-bears-circle-china-s-yuan-gearing-for-trump-win.md) | -0.0% | +1.6% |
| USDCNY | 2018-06-29 | [Why we’re revising our yuan forecast down again \| articles \| ING THINK](https://feedsoft.ai/events/8537-why-we-re-revising-our-yuan-forecast-down-again-articles-ing-think.md) | +0.2% | +2.8% |
| USDCNY | 2018-10-31 | [Why the Chinese yuan is falling](https://feedsoft.ai/events/62761-why-the-chinese-yuan-is-falling.md) | -0.7% | -0.4% |
| USDCNY | 2022-10-25 | [Exclusive: China FX regulator surveys banks about positioning as yuan plunges](https://feedsoft.ai/events/6931-exclusive-china-fx-regulator-surveys-banks-about-positioning-as-yuan-plunges.md) | +0.6% | -1.7% |
| USDCNY | 2018-06-28 | [China: The yuan breaks out - Westpac - Forex Crunch](https://feedsoft.ai/events/8534-china-the-yuan-breaks-out-westpac-forex-crunch.md) | +0.5% | +2.8% |
| DXY | 2023-08-25 | [Lacking positive catalysts, the CAD falls for sixth week](https://feedsoft.ai/events/34814-lacking-positive-catalysts-the-cad-falls-for-sixth-week.md) | -0.0% | +1.1% |
| DXY | 2022-01-25 | [What will happen to Vietnamese stocks when the FED stops pumping money?](https://feedsoft.ai/events/43430-what-will-happen-to-vietnamese-stocks-when-the-fed-stops-pumping-money.md) | +0.3% | -0.4% |
| DXY | 2016-11-22 | [Covering the Floor Price](https://feedsoft.ai/events/73883-covering-the-floor-price.md) | +0.1% | +1.0% |

## Sources

- money.cnn.com: https://money.cnn.com/2018/06/28/investing/china-currency-yuan-trade-war/index.html

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