Chinese yuan rises after PBOC lifts reference rate and dollar falls after Democrats take Congress

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.

• Aug 28, 2025Chinese Yuan Rises After PBOC Fixing - WSJ-0.2%
• Aug 11, 2021Strong demand lifts yuan, despite firmer dollar - Markets - Business Recorder+0.0%
• Oct 1, 2026Chinese Yuan Hits Strongest Level Since 2022 After PBOC Fixing-0.0%
• Jan 5, 2021Dollar falls as yuan fix lifts risk currencies, Georgia elections in focus+0.3%
• Jan 20, 2020Dollar holds firm after strong US data, Chinese yuan extends run+0.8%

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.

• Aug 28, 2025Chinese Yuan Rises After PBOC Fixing - WSJ+0.0%
• Mar 16, 2023Euro rises, dollar falls after ECB rate decision-1.2%
• Jun 14, 2017Dollar falls after Fed interest rate decision+0.6%
• Jan 5, 2021Dollar falls as yuan fix lifts risk currencies, Georgia elections in focus+0.6%
• Nov 2, 2022US dollar falls broadly after the Fed hints at a slower pace of rate hikes-1.4%