# Yuan Midpoint Falls Against US Dollar

> The People's Bank of China set the yuan's daily reference midpoint at 6.7180 per dollar, 30 pips weaker than the previous day. Onshore yuan traded around 6.6731 and offshore around 6.6732 in the morning session.

- Date: 2026-11-04 · published 2026-11-04T18:09:01.515Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/80077-yuan-midpoint-falls-against-us-dollar
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan reflects capital flowing back to the US after the Fed's dot plot pointed to another possible rate hike this year. For feed buyers, a softer yuan can dampen Chinese import demand for US and Brazilian commodities priced in dollars.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-10-08 | [China’s yuan falls against strong dollar, stocks surge after holiday](https://feedsoft.ai/events/11039-china-s-yuan-falls-against-strong-dollar-stocks-surge-after-holiday.md) | +1.4% | +1.2% |
| USDCNY | 2018-06-29 | [Renminbi Continues to Fall: Central bank sets yuan midpoint fixing against dollar at 6.6166 - CGTN](https://feedsoft.ai/events/64735-renminbi-continues-to-fall-central-bank-sets-yuan-midpoint-fixing-against.md) | +0.2% | +2.8% |
| USDCNY | 2018-07-20 | [China’s yuan falls against dollar, helping exporters \| The Seattle Times](https://feedsoft.ai/events/64270-china-s-yuan-falls-against-dollar-helping-exporters-the-seattle-times.md) | +0.2% | +1.6% |
| USDCNY | 2018-08-01 | [Rupee closes higher against US dollar](https://feedsoft.ai/events/64319-rupee-closes-higher-against-us-dollar.md) | +0.4% | -0.0% |
| USDCNY | 2017-04-25 | [China's yuan dips against US dollar, falls to record low against currency basket - The Business Times](https://feedsoft.ai/events/71709-china-s-yuan-dips-against-us-dollar-falls-to-record-low-against-currency-basket.md) | +0.1% | -0.0% |

## Sources

- wenweipo.com: https://www.wenweipo.com/a/202611/04/AP6aea9301e4b0fa89498bc614.html

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