# Chinese Yuan Spikes to 3-Month High As Trade Tensions Ease - Markets Insider

> The onshore yuan reached a three-month high of 6.8373 per dollar after the tentative US-China trade truce. It has risen 1.8% over the week, its largest two-day gain since 2005.

- Date: 2018-12-04 · published 2018-12-04T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/6923-chinese-yuan-spikes-to-3-month-high-as-trade-tensions-ease-markets-insider
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan reflects easing trade tension, which supports Chinese import demand. The effect on feed prices is limited.

## Read by commodity

- USDCNY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| USDCNY | 2018-12-03 | 1 | -1.1% | -4.6 | It describes the same yuan rally driven by the trade truce, including the large two-day gain, but it is dated Dec 4 and partly reflects follow-through beyond the Dec 3 move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-05-24 | [The Chinese Yuan Jumps to a 2-Month High - Business Insider](https://feedsoft.ai/events/8838-the-chinese-yuan-jumps-to-a-2-month-high-business-insider.md) | -1.1% | -0.9% |
| USDCNY | 2025-09-25 | [China's yuan surges to 10-month high against dollar as US tensions ease - Nikkei Asia](https://feedsoft.ai/events/23112-china-s-yuan-surges-to-10-month-high-against-dollar-as-us-tensions-ease-nikkei.md) | -0.2% | -0.1% |
| USDCNY | 2020-07-31 | [Yuan closes trade at 4-1/2-month high - Markets - Business Recorder](https://feedsoft.ai/events/52323-yuan-closes-trade-at-4-1-2-month-high-markets-business-recorder.md) | -0.8% | -1.6% |
| USDCNY | 2026-07-31 | [Yuan rises to 1-1/2-month high - Markets - Business Recorder](https://feedsoft.ai/events/18572-yuan-rises-to-1-1-2-month-high-markets-business-recorder.md) | -0.1% | -0.5% |
| USDCNY | 2020-02-01 | [China’s Yuan Climbs Past Key Levels as Trade Tensions Ease](https://feedsoft.ai/events/55309-china-s-yuan-climbs-past-key-levels-as-trade-tensions-ease.md) | +1.2% | +0.6% |

## Sources

- markets.businessinsider.com: https://markets.businessinsider.com/news/stocks/chinese-yuan-value-a-3-month-high-after-trade-tensions-ease-2018-12-1027780606

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