# Donald Trump's win in US presidential election sends China yuan to six-year low against dollar

> The Chinese yuan fell to 6.7918 per dollar, its lowest level since August 2010, after Donald Trump won the U.S. presidential election. The dollar rallied as U.S. Treasury yields rose on expectations of more fiscal stimulus.

- Date: 2016-11-10 · published 2016-11-10T12:00:00.000Z
- Category: macro · region China · magnitude medium
- Page: https://feedsoft.ai/events/7740-donald-trump-s-win-in-us-presidential-election-sends-china-yuan-to-six-year-low
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Expectations of higher U.S. yields and fiscal stimulus strengthen the dollar and weaken the yuan, which tends to pressure dollar-priced agricultural commodities and raise Chinese import costs.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| USDCNY | 2016-11-14 | 5 | +1.4% | 3.4 | Trump's election win triggered a dollar rally and pushed the yuan to a six-year low on Nov 10, within the window, driving the bulk of the CNY/USD move. |
| USDCNY | 2016-11-14 | 1 | +0.7% | 4.1 | Post-election yuan drop to a six-year low on 10 Nov set up the dollar-strength trend that continued into 14 Nov, though it predates the window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-11-06 | [Dollar soars, euro tumbles as Trump wins US presidential election](https://feedsoft.ai/events/5806-dollar-soars-euro-tumbles-as-trump-wins-us-presidential-election.md) | +1.9% | +1.5% |
| DXY | 2022-09-29 | [CNY/USD: Why China’s Yuan Hit Record Lows Against the Dollar - Bloomberg](https://feedsoft.ai/events/7207-cny-usd-why-china-s-yuan-hit-record-lows-against-the-dollar-bloomberg.md) | -1.0% | -1.1% |
| DXY | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | +1.6% | +1.1% |
| DXY | 2016-11-10 | [Dollar gains against yuan on Trump policy worries](https://feedsoft.ai/events/7739-dollar-gains-against-yuan-on-trump-policy-worries.md) | +1.9% | +2.3% |
| DXY | 2022-09-01 | [Pound Slumps to Fresh Two-year Lows against Dollar](https://feedsoft.ai/events/40290-pound-slumps-to-fresh-two-year-lows-against-dollar.md) | +0.8% | +3.2% |
| USDCNY | 2024-11-06 | [Dollar soars, euro tumbles as Trump wins US presidential election](https://feedsoft.ai/events/5806-dollar-soars-euro-tumbles-as-trump-wins-us-presidential-election.md) | +1.7% | +2.1% |
| USDCNY | 2022-08-19 | [China Yuan Slumps to Near-Two-Year Low Against USD as Rate Differential Widens - Bloomberg](https://feedsoft.ai/events/40262-china-yuan-slumps-to-near-two-year-low-against-usd-as-rate-differential-widens.md) | +0.9% | +2.9% |
| USDCNY | 2024-01-04 | [China’s yuan eases against the dollar on widening yield differential - The Pound Hub](https://feedsoft.ai/events/11843-china-s-yuan-eases-against-the-dollar-on-widening-yield-differential-the-pound.md) | +0.3% | +0.4% |

## Sources

- cnbc.com: https://www.cnbc.com/2016/11/09/donald-trumps-win-in-us-presidential-election-sends-china-yuan-to-six-year-low-against-dollar.html

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