# Economists Cut Expectations for Yuan-Dollar Rate Despite Rise in Yuan Index

> Economists surveyed by Yicai Global cut their yuan-dollar forecast for the first time in seven months, despite the yuan index rising in October. They now expect the rate at 6.65 by end-November and 6.68 by year-end. The October rise was driven by yuan gains against the euro and yen.

- Date: 2017-11-14 · published 2017-11-14T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/68236-economists-cut-expectations-for-yuan-dollar-rate-despite-rise-in-yuan-index
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Lower yuan expectations signal a softer currency outlook that could modestly raise the cost of dollar-priced US feed imports for China. The forecast change is unlikely to move feed prices directly.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2016-11-10 | [Dollar rises as Trump victory raises inflation expectations](https://feedsoft.ai/events/5470-dollar-rises-as-trump-victory-raises-inflation-expectations.md) | +1.3% | +1.9% |
| USDCNY | 2021-01-05 | [Dollar falls as yuan fix lifts risk currencies, Georgia elections in focus](https://feedsoft.ai/events/12069-dollar-falls-as-yuan-fix-lifts-risk-currencies-georgia-elections-in-focus.md) | +0.3% | +0.0% |
| USDCNY | 2017-08-15 | [Analysis: Yuan's strength against the dollar fails to snuff out depreciation expectations](https://feedsoft.ai/events/69678-analysis-yuan-s-strength-against-the-dollar-fails-to-snuff-out-depreciation.md) | -0.1% | -2.0% |
| USDCNY | 2026-08-31 | [China's yuan firms despite dollar rebound - Markets - Business Recorder](https://feedsoft.ai/events/18093-china-s-yuan-firms-despite-dollar-rebound-markets-business-recorder.md) | -0.2% | -0.2% |
| USDCNY | 2016-12-29 | [China expands CFETS index basket, yuan seen weakening vs. dollar By Reuters](https://feedsoft.ai/events/73681-china-expands-cfets-index-basket-yuan-seen-weakening-vs-dollar-by-reuters.md) | -1.0% | -1.1% |

## Sources

- yicaiglobal.com: https://www.yicaiglobal.com/news/economists-cut-expectations-for-yuan-dollar-rate-despite-rise-in-yuan-index

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