# Yuan midpoint snaps three-day decline as PBOC slows appreciation amid weaker dollar

> The yuan midpoint rose 24 pips to 6.7156, ending three straight days of weakening fixes from November 2 to 4. The gap to Reuters forecasts narrowed to about 370 pips from over 600 earlier in the week, as the dollar weakened after the Democratic election win.

- Date: 2026-11-05 · published 2026-11-05T03:09:11.541Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/81010-yuan-midpoint-snaps-three-day-decline-as-pboc-slows-appreciation-amid-weaker
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The central bank is leaning against yuan appreciation while the dollar falls, which may limit how fast import costs fall for feed buyers. Its room to tighten further depends on the dollar and upcoming US payrolls data.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-02-23 | [Chinese yuan against the dollar: China currency appreciation](https://feedsoft.ai/events/66714-chinese-yuan-against-the-dollar-china-currency-appreciation.md) | +0.1% | -0.3% |
| USDCNY | 2021-05-27 | [Yuan’s Blockbuster Week Draws PBOC Attention, Appreciation Bets - Bloomberg](https://feedsoft.ai/events/47316-yuan-s-blockbuster-week-draws-pboc-attention-appreciation-bets-bloomberg.md) | +0.2% | +1.2% |
| USDCNY | 2025-02-24 | [China's Yuan Hits Three-Month Highs Amid Dollar Weakness and Stock Market Gains](https://feedsoft.ai/events/26299-china-s-yuan-hits-three-month-highs-amid-dollar-weakness-and-stock-market-gains.md) | +0.5% | -0.0% |
| USDCNY | 2018-11-16 | [Is a Chinese yuan appreciation on the way? - CGTN](https://feedsoft.ai/events/62267-is-a-chinese-yuan-appreciation-on-the-way-cgtn.md) | +0.1% | -0.6% |
| USDCNY | 2019-11-06 | [China sets yuan midpoint at three-month high \| Financial Post](https://feedsoft.ai/events/56292-china-sets-yuan-midpoint-at-three-month-high-financial-post.md) | +0.2% | +0.5% |

## Sources

- fxstreet.hk: https://www.fxstreet.hk/news/ren-min-bi-zhong-jian-jia-jie-shu-san-lian-bian-zhong-guo-yang-xing-sheng-zhi-kong-su-zao-yu-mei-yuan-zou-ruo-202611050218

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