Across The Border | China’s huge currency rally could have further to go, analysts say | South China Morning Post

After 362 past bearish macro events, Chinese Yuan (CNY per USD) moved a median -0.1% over 5 sessions (42% higher; middle half -0.4% to +0.1%), and -0.2% over 20.

• Jul 21, 2023China’s yuan: will economic recovery lift currency out of the jungle after Fed effect fades? | South China Morning Post-0.0%
• Jul 31, 2019Opinion | Why China may be ready for a strong yuan, and the US could follow up with a weak dollar policy | South China Morning Post+2.0%
• Aug 28, 2020Why the yuan could soon shake off its sluggishness against the US dollar | South China Morning Post-0.7%
• Sep 26, 2019China sells 10 billion yuan of bills in Hong Kong to protect currency ahead of National Day, US trade war talks | South China Morning Post+0.2%
• Sep 6, 2017China's yuan has fully recovered from 2016 and analysts say there's still room to run-0.0%

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Dec 26, 2017Macroscope | Why 2018 could be the year of the euro | South China Morning Post-1.3%
• Aug 21, 2017Macroscope | How to read the outlook for the US dollar | South China Morning Post-0.6%
• Sep 29, 2017Can the US dollar make a comeback? | South China Morning Post+0.3%
• Dec 1, 2022US dollar strength has ‘reached peak’, China’s central bank says, as Fed considers scaling back rate hikes | South China Morning Post-0.6%
• Dec 5, 2022China’s yuan strengthens past 7 per US dollar amid easing of coronavirus curbs | South China Morning Post+0.3%