# Offshore Yuan Exposed to Onshore Risks as Spread Narrows | Nasdaq

> DailyFX rates the offshore yuan's fundamental outlook as neutral, noting that the USD/CNH set a higher low while the onshore yuan stayed in a tight range for a third week. The spread between the offshore yuan and the PBOC's guided level is narrowing. The analysis points to Fed rate expectations and US tax-plan expectations as the main drivers of the offshore pair.

- Date: 2017-02-17 · published 2017-02-17T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/72723-offshore-yuan-exposed-to-onshore-risks-as-spread-narrows-nasdaq
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A narrowing offshore-onshore spread suggests stable yuan pricing, so there is little direct effect on feed commodity prices. The main risk is a sudden move in the dollar.

## Read by commodity

- USDCNY: neutral

## Sources

- nasdaq.com: https://www.nasdaq.com/articles/offshore-yuan-exposed-onshore-risks-spread-narrows-2017-02-17

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