# China's yuan set to post biggest weekly fall in 3 months as dollar tracks yields higher

> China's yuan eased against the dollar on May 18, on track for its worst week in three months after the PBOC set the midpoint at a one-week low. The dollar firmed on higher US Treasury yields, while markets awaited US-China trade talks where China offered a package of purchases aimed at cutting the deficit by up to $200 billion.

- Date: 2018-05-18 · published 2018-05-18T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/65231-china-s-yuan-set-to-post-biggest-weekly-fall-in-3-months-as-dollar-tracks
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker yuan makes Chinese buying of US commodities more expensive in local terms, a modest bearish factor for US feed demand, while a firmer dollar is generally bearish for dollar-priced grains and meal.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-10-14 | [US dollar climbs to 10-week peak; euro, China's yuan fall](https://feedsoft.ai/events/11042-us-dollar-climbs-to-10-week-peak-euro-china-s-yuan-fall.md) | +0.7% | +2.3% |
| USDCNY | 2022-04-21 | [China's yuan slides to 6-month low as tightening prospects help dollar \| Financial Post](https://feedsoft.ai/events/7337-china-s-yuan-slides-to-6-month-low-as-tightening-prospects-help-dollar.md) | +2.2% | +5.2% |
| USDCNY | 2026-03-27 | [China's yuan falls to near 3-week low as safe-haven demand lifts dollar \| The Star](https://feedsoft.ai/events/20386-china-s-yuan-falls-to-near-3-week-low-as-safe-haven-demand-lifts-dollar-the-star.md) | -0.4% | -1.2% |
| USDCNY | 2025-09-26 | [China’s yuan touches 3-week low, looks set for biggest weekly drop since July - Markets - Business Recorder](https://feedsoft.ai/events/23111-china-s-yuan-touches-3-week-low-looks-set-for-biggest-weekly-drop-since-july.md) | -0.2% | -0.2% |
| USDCNY | 2024-06-27 | [China's Yuan Hits Seven-Month Low As Dollar Outflows Persist - Finimize](https://feedsoft.ai/events/30009-china-s-yuan-hits-seven-month-low-as-dollar-outflows-persist-finimize.md) | +0.0% | -0.5% |
| DXY | 2026-10-02 | [FOREX-Euro set for biggest weekly fall in months vs dollar as France fiscal trajectory weighs \| International](https://feedsoft.ai/events/9652-forex-euro-set-for-biggest-weekly-fall-in-months-vs-dollar-as-france-fiscal.md) | -0.3% | -0.1% |
| DXY | 2024-11-08 | [Gold logs biggest weekly fall in over five months on dollar strength](https://feedsoft.ai/events/27335-gold-logs-biggest-weekly-fall-in-over-five-months-on-dollar-strength.md) | +1.7% | +1.5% |
| DXY | 2016-11-18 | [Dollar index set for biggest 2-week rise in 20 months](https://feedsoft.ai/events/8329-dollar-index-set-for-biggest-2-week-rise-in-20-months.md) | +1.0% | +1.3% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/05/18/reuters-america-chinas-yuan-set-to-post-biggest-weekly-fall-in-3-months-as-dollar-tracks-yields-higher.html

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