# Yuan Fix Is Back in the Spotlight - Bloomberg

> The yuan fixing has drawn attention after a set of weaker-than-expected official midpoint fixings last week. A forecaster's model based on overnight exchange-rate moves is being used to gauge where the People's Bank of China wants the currency.

- Date: 2017-09-19 · published 2017-09-19T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/69188-yuan-fix-is-back-in-the-spotlight-bloomberg
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Signals that Beijing may be leaning against the yuan's rapid gains, which can affect Chinese import purchasing power and the dollar-yuan exchange rate used in feed trade.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-03-27 | [Watch China's Confusing Signals on the Yuan - Bloomberg](https://feedsoft.ai/events/31442-watch-china-s-confusing-signals-on-the-yuan-bloomberg.md) | +0.2% | +0.4% |
| USDCNY | 2018-08-09 | [Vietnamese Dong Feels the Ripples of China's Yuan Rout - Bloomberg](https://feedsoft.ai/events/63814-vietnamese-dong-feels-the-ripples-of-china-s-yuan-rout-bloomberg.md) | +1.4% | -0.0% |
| USDCNY | 2018-03-30 | [The yuan can't win back investor trust  - Nikkei Asia](https://feedsoft.ai/events/66214-the-yuan-can-t-win-back-investor-trust-nikkei-asia.md) | +0.3% | +0.7% |
| USDCNY | 2021-04-19 | [Global Reflation Trade Gains New Momentum From China’s Yuan - Bloomberg](https://feedsoft.ai/events/47815-global-reflation-trade-gains-new-momentum-from-china-s-yuan-bloomberg.md) | -0.4% | -1.3% |
| 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% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-09-19/yuan-fix-is-back-in-the-spotlight-as-traders-track-pboc-signals

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