# Asian currencies mixed as yuan holds near four-year high, dollar steadies By Investing.com

> Asian currencies traded mixed on Monday as the onshore yuan held near its strongest level since June 2022 at about 6.65 per dollar. The dollar index rose 0.1% to 101.94, the euro sat near a 17-month low, and the yen weakened slightly to 157.88 ahead of the US midterms.

- Date: 2026-11-02 · published 2026-11-02T06:08:38.456Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/74921-asian-currencies-mixed-as-yuan-holds-near-four-year-high-dollar-steadies-by
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger yuan lowers China's cost of dollar-priced imports such as soybeans and corn, supporting Chinese buying, while a weak euro and yen make US feed exports relatively pricier for European and Japanese buyers.

## Read by commodity

- DXY: neutral
- EURUSD: bearish ▼
- USDCNY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [Dollar Slides After Fed Holds Rates Steady; BoE and BoJ Take Center Stage \| Investing.com](https://feedsoft.ai/events/18550-dollar-slides-after-fed-holds-rates-steady-boe-and-boj-take-center-stage.md) | -1.2% | -1.9% |
| DXY | 2025-10-30 | [Dollar hands back some gains after Fed meeting; euro looks to ECB By Investing.com](https://feedsoft.ai/events/22616-dollar-hands-back-some-gains-after-fed-meeting-euro-looks-to-ecb-by-investing.md) | +1.1% | +0.4% |
| DXY | 2025-05-07 | [Dollar languishes ahead of Federal Reserve meeting, Asian currencies calmer](https://feedsoft.ai/events/9623-dollar-languishes-ahead-of-federal-reserve-meeting-asian-currencies-calmer.md) | +0.8% | -0.8% |
| DXY | 2017-10-06 | [Asian currencies to stay steady, Fed tightening seen curbing gains \| Malay Mail](https://feedsoft.ai/events/6413-asian-currencies-to-stay-steady-fed-tightening-seen-curbing-gains-malay-mail.md) | -0.3% | +1.2% |
| DXY | 2026-07-30 | [Bond Vigilantes May Be US Dollar’s Best Friends \| Investing.com India](https://feedsoft.ai/events/18552-bond-vigilantes-may-be-us-dollar-s-best-friends-investing-com-india.md) | -1.2% | -1.9% |
| USDCNY | 2017-07-31 | [Emerging Asian currencies edge up as dollar sinks; yuan heads for third straight monthly gain](https://feedsoft.ai/events/70202-emerging-asian-currencies-edge-up-as-dollar-sinks-yuan-heads-for-third-straight.md) | -0.1% | -1.3% |
| USDCNY | 2021-11-16 | [Chart Of The Day: China's Yuan Nearing 3-Year Highs \| Investing.com](https://feedsoft.ai/events/44274-chart-of-the-day-china-s-yuan-nearing-3-year-highs-investing-com.md) | +0.0% | -0.2% |
| USDCNY | 2022-01-26 | [China's Currency Hits Four-Year High as PBOC Stands Back](https://feedsoft.ai/events/6265-china-s-currency-hits-four-year-high-as-pboc-stands-back.md) | +0.6% | -0.2% |

## Sources

- au.investing.com: https://au.investing.com/news/forex-news/asian-currencies-mixed-as-yuan-holds-near-fouryear-high-dollar-steadies-4732280
- ca.investing.com: https://ca.investing.com/news/forex-news/asian-currencies-mixed-as-yuan-holds-near-fouryear-high-dollar-steadies-4920404
- dollarmatters.co.uk: https://dollarmatters.co.uk/currency/asian-currencies-mixed-as-yuan-holds-near-four-year-high-dollar-steadies/
- in.investing.com: https://in.investing.com/news/forex-news/asian-currencies-mixed-as-yuan-holds-near-fouryear-high-dollar-steadies-5670126
- ph.investing.com: https://ph.investing.com/news/forex-news/asian-currencies-mixed-as-yuan-holds-near-fouryear-high-dollar-steadies-2665549
- uk.investing.com: https://uk.investing.com/news/forex-news/asian-currencies-mixed-as-yuan-holds-near-fouryear-high-dollar-steadies-4947616
- investing.com: https://www.investing.com/news/forex-news/asian-currencies-mixed-as-yuan-holds-near-fouryear-high-dollar-steadies-4989824

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