# US dollar will stay weak if China has its way: Morgan Stanley - The Business Times

> Morgan Stanley says Chinese policymakers are embracing a strong yuan to boost consumption and attract inflows, so dollar weakness is likely to persist. The bank notes the US may also welcome a weaker dollar as a route to competitiveness.

- Date: 2018-02-07 · published 2018-02-07T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/7107-us-dollar-will-stay-weak-if-china-has-its-way-morgan-stanley-the-business-times
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A persistently weak dollar supports dollar-priced commodities and can improve import affordability for Chinese feed buyers.

## Read by commodity

- DXY: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-11-26 | [Euro rises to near 3-month high as US dollar falls - The Business Times](https://feedsoft.ai/events/50370-euro-rises-to-near-3-month-high-as-us-dollar-falls-the-business-times.md) | -1.2% | -1.5% |
| DXY | 2022-08-30 | [ECB bets boost euro, US dollar slips from 20 year peak - The Business Times](https://feedsoft.ai/events/40248-ecb-bets-boost-euro-us-dollar-slips-from-20-year-peak-the-business-times.md) | +1.1% | +4.0% |
| DXY | 2018-02-28 | [Japanese yen may strengthen as dollar weakens: Morgan Stanley and ING](https://feedsoft.ai/events/66740-japanese-yen-may-strengthen-as-dollar-weakens-morgan-stanley-and-ing.md) | -0.1% | -0.5% |
| DXY | 2021-08-31 | [US dollar at 3-week lows as traders await tapering clues - The Business Times](https://feedsoft.ai/events/45754-us-dollar-at-3-week-lows-as-traders-await-tapering-clues-the-business-times.md) | -0.2% | +0.9% |
| DXY | 2020-08-31 | [China lifts yuan midpoint to highest since July 2019 on persistent dollar weakness \| The Straits Times](https://feedsoft.ai/events/51834-china-lifts-yuan-midpoint-to-highest-since-july-2019-on-persistent-dollar.md) | +0.1% | +1.4% |
| USDCNY | 2017-09-21 | [China's yuan inches up as post-Fed US dollar rally fades - The Business Times](https://feedsoft.ai/events/69189-china-s-yuan-inches-up-as-post-fed-us-dollar-rally-fades-the-business-times.md) | +1.1% | +0.6% |
| USDCNY | 2018-03-29 | [China's yuan to post biggest quarterly rise against US dollar in a decade - The Business Times](https://feedsoft.ai/events/66213-china-s-yuan-to-post-biggest-quarterly-rise-against-us-dollar-in-a-decade-the.md) | +0.2% | +0.5% |
| USDCNY | 2020-08-31 | [China lifts yuan midpoint to highest since July 2019 on persistent dollar weakness \| The Straits Times](https://feedsoft.ai/events/51834-china-lifts-yuan-midpoint-to-highest-since-july-2019-on-persistent-dollar.md) | -0.3% | -0.8% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/banking-finance/us-dollar-will-stay-weak-if-china-has-its-way-morgan-stanley

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