# The yuan can't win back investor trust  - Nikkei Asia

> Fund managers remain wary of Chinese intervention risk even after the yuan's rebound. The commentary notes Beijing's stated goal of reducing reliance on the US dollar, citing the debut of yuan-denominated oil futures in Shanghai.

- Date: 2018-03-30 · published 2018-03-30T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/66214-the-yuan-can-t-win-back-investor-trust-nikkei-asia
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Lingering doubts about yuan convertibility and intervention limit how far the currency can strengthen structurally. Any shift in its role as a reserve or pricing currency would affect dollar demand over time.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-09-19 | [Yuan Fix Is Back in the Spotlight - Bloomberg](https://feedsoft.ai/events/69188-yuan-fix-is-back-in-the-spotlight-bloomberg.md) | +0.7% | +0.8% |
| USDCNY | 2019-11-01 | [No major changes in the yuan’s exchange rate since August](https://feedsoft.ai/events/56297-no-major-changes-in-the-yuan-s-exchange-rate-since-august.md) | -0.9% | +0.0% |
| USDCNY | 2025-04-29 | [Chinese yuan at a glance: There and back again \| articles \| ING THINK](https://feedsoft.ai/events/25350-chinese-yuan-at-a-glance-there-and-back-again-articles-ing-think.md) | -0.3% | -1.4% |
| USDCNY | 2018-12-13 | [The Yuan: Key Factors to Watch in 2019 - Caixin Global](https://feedsoft.ai/events/61796-the-yuan-key-factors-to-watch-in-2019-caixin-global.md) | +0.2% | -1.7% |
| 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% |

## Sources

- asia.nikkei.com: https://asia.nikkei.com/opinion/the-yuan-can-t-win-back-investor-trust

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