# China currency moves hang in the balance in U.S. trade spat | Reuters

> Reuters reports that China's currency moves are in the balance amid the U.S. trade dispute. The article text is truncated and mostly unrelated content about an automaker stake appears.

- Date: 2018-04-17 · published 2018-04-17T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/65710-china-currency-moves-hang-in-the-balance-in-u-s-trade-spat-reuters
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Yuan direction affects the cost of US farm exports to China and Chinese import demand for feed ingredients, so currency moves can shift soybean and meal prices.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-10-04 | [China’s currency balancing act \| ANZ](https://feedsoft.ai/events/68680-china-s-currency-balancing-act-anz.md) | -1.0% | -0.8% |
| USDCNY | 2023-12-27 | [How China Manages Its Currency—and Why That Matters](https://feedsoft.ai/events/32924-how-china-manages-its-currency-and-why-that-matters.md) | +0.1% | +0.4% |
| USDCNY | 2018-11-14 | [US-China trade war: Tariffs spur record dollar-yuan currency trading](https://feedsoft.ai/events/62265-us-china-trade-war-tariffs-spur-record-dollar-yuan-currency-trading.md) | -0.1% | -1.1% |
| USDCNY | 2018-10-30 | [Major Chinese banks seen swapping yuan for dollars in forwards: traders \| Reuters](https://feedsoft.ai/events/62767-major-chinese-banks-seen-swapping-yuan-for-dollars-in-forwards-traders-reuters.md) | -0.5% | -0.1% |
| USDCNY | 2017-04-10 | [Opinion \| Why PBOC’s halt in currency intervention may be temporary \| South China Morning Post](https://feedsoft.ai/events/71711-opinion-why-pboc-s-halt-in-currency-intervention-may-be-temporary-south-china.md) | -0.2% | +0.1% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-yuan-explainer/china-currency-moves-hang-in-the-balance-in-u-s-trade-spat-idUSKBN1HO2VM/?feedName=businessNews&feedType=RSS

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