# Asia Hit by US Dollar: Japanese Yen and Chinese Yuan Collapse, Rupiah Strong

> Most Asian currencies weakened against the US dollar over the week, with the Taiwanese dollar falling 0.61%, the yen 0.6% and the yuan 0.33%. The Korean won gained 2.24%, while the rupiah rose 0.22%; the dollar index climbed 0.4% for the week after stronger-than-expected US payroll data.

- Date: 2026-11-07 · published 2026-11-07T06:09:17.178Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/85534-asia-hit-by-us-dollar-japanese-yen-and-chinese-yuan-collapse-rupiah-strong
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Currency moves affect the local-currency cost of imported feed and agricultural commodities, while a stronger dollar can weigh on dollar-denominated prices. The article reports FX moves but no direct change in commodity supply or demand.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲
- USDIDR: bearish ▼
- USDJPY: bullish ▲
- USDKRW: bearish ▼
- USDMYR: bullish ▲
- USDPHP: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-01-20 | [Dollar holds firm after strong US data, Chinese yuan extends run](https://feedsoft.ai/events/7876-dollar-holds-firm-after-strong-us-data-chinese-yuan-extends-run.md) | +0.6% | +1.3% |
| DXY | 2022-09-28 | [Chinese yuan: Currency hits record lows against US dollar - BBC News](https://feedsoft.ai/events/7208-chinese-yuan-currency-hits-record-lows-against-us-dollar-bbc-news.md) | -1.8% | -1.5% |
| DXY | 2022-07-01 | [Why has the dollar been so strong – and can it continue?](https://feedsoft.ai/events/40856-why-has-the-dollar-been-so-strong-and-can-it-continue.md) | +1.2% | +0.7% |
| DXY | 2024-07-27 | [Chinese yuan hits eight-month low with missed inflation data and US dollar rebound \| FX Blue](https://feedsoft.ai/events/9350-chinese-yuan-hits-eight-month-low-with-missed-inflation-data-and-us-dollar.md) | -0.2% | -1.8% |
| DXY | 2021-03-31 | [US dollar rises to one-year high against Japan's yen \| The Straits Times](https://feedsoft.ai/events/48355-us-dollar-rises-to-one-year-high-against-japan-s-yen-the-straits-times.md) | -0.9% | -2.0% |
| USDCNY | 2021-07-28 | [Asian currencies: Chinese yuan, Hong Kong dollar weaken as China stocks fall](https://feedsoft.ai/events/46285-asian-currencies-chinese-yuan-hong-kong-dollar-weaken-as-china-stocks-fall.md) | -0.6% | -0.6% |
| USDCNY | 2022-09-28 | [Chinese yuan: Currency hits record lows against US dollar - BBC News](https://feedsoft.ai/events/7208-chinese-yuan-currency-hits-record-lows-against-us-dollar-bbc-news.md) | -0.9% | -0.1% |
| USDCNY | 2016-10-13 | [Dollar stalls, yuan hits 6-year low on Chinese trade dip](https://feedsoft.ai/events/5888-dollar-stalls-yuan-hits-6-year-low-on-chinese-trade-dip.md) | +0.3% | +0.9% |

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/research/20261107042351-128-783136/asia-dipukul-dolar-as-yen-jepang-yuan-china-ambruk-rupiah-perkasa

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