# China's yuan slips, looks set to snap five-week winning streak

> The yuan weakened against the dollar on Friday and was on course to end a five-week winning streak, with the onshore rate at 6.6690 per dollar and offshore yuan at 6.6671. Softer official midpoint guidance, Chinese equity losses, and the central bank’s recent increase in foreign-currency reserve requirements weighed on sentiment.

- Date: 2026-11-06 · published 2026-11-06T09:09:50.629Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/83672-china-s-yuan-slips-looks-set-to-snap-five-week-winning-streak
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan raises the local-currency cost of imported feed commodities and may temper Chinese buying, while the currency move could also support domestic prices. The change was modest and does not establish a direct shift in commodity supply.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-10-28 | [China's weakening yuan set to snap three straight months of gains in Oct](https://feedsoft.ai/events/28078-china-s-weakening-yuan-set-to-snap-three-straight-months-of-gains-in-oct.md) | +0.0% | +1.7% |
| USDCNY | 2018-07-19 | [Breakingviews - China's commitment to stable yuan looks unstable](https://feedsoft.ai/events/64271-breakingviews-china-s-commitment-to-stable-yuan-looks-unstable.md) | +0.7% | +3.2% |
| USDCNY | 2022-12-06 | [China's yuan slips, traders wary of reopening risks \| Reuters](https://feedsoft.ai/events/6574-china-s-yuan-slips-traders-wary-of-reopening-risks-reuters.md) | +0.2% | -1.1% |
| USDCNY | 2024-10-14 | [US dollar climbs to 10-week peak; euro, China's yuan fall](https://feedsoft.ai/events/11042-us-dollar-climbs-to-10-week-peak-euro-china-s-yuan-fall.md) | +0.7% | +2.3% |
| USDCNY | 2022-05-11 | [How PBOC might respond to China's weakening yuan](https://feedsoft.ai/events/10987-how-pboc-might-respond-to-china-s-weakening-yuan.md) | +0.0% | -0.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40447735
- brecorder.com: https://www.brecorder.com/news/40447735/chinas-yuan-slips-looks-set-to-snap-five-week-winning-streak

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