# China’s yuan rises to over two-week high on positive US-China talk, better economic data - Markets - Business Recorder

> The yuan rose to its strongest level against the dollar since January 3 after a friendly call between Trump and Xi and better-than-expected fourth-quarter GDP data. The PBOC set its midpoint at 7.1886 per dollar, much firmer than Reuters estimates.

- Date: 2025-01-20 · published 2025-01-20T12:00:00.000Z
- Category: geopolitics · region China · magnitude medium
- Page: https://feedsoft.ai/events/9601-china-s-yuan-rises-to-over-two-week-high-on-positive-us-china-talk-better
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Easing US-China tension reduces near-term risk of tariff retaliation against US feed grains, a modestly supportive factor for soybean and corn demand expectations.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- USDCNY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| USDCNY | 2025-01-21 | 1 | -0.7% | -3.6 | A friendly Trump-Xi call, stronger Q4 GDP and a firm PBOC midpoint lifted the yuan to a two-week high on Jan 20, which fits a sharp one-day fall in CNY per USD ending Jan 21. |
| USDCNY | 2025-01-24 | 5 | -1.2% | -3.0 | A friendly Trump-Xi call, strong GDP data and a firm PBOC midpoint lifted the yuan to a two-week high, which accounts for the decline in CNY per USD during the week. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2026-06-15 | [China's yuan hits three-year high as dollar eases after US-Iran peace deal \| MarketScreener](https://feedsoft.ai/events/8411-china-s-yuan-hits-three-year-high-as-dollar-eases-after-us-iran-peace-deal.md) | +0.2% | +0.1% |
| USDCNY | 2020-07-15 | [China's yuan firms on weaker dollar but renewed Sino-U.S. worries cap gains \| Financial Post](https://feedsoft.ai/events/52325-china-s-yuan-firms-on-weaker-dollar-but-renewed-sino-u-s-worries-cap-gains.md) | -0.4% | -0.9% |
| USDCNY | 2022-02-24 | [China’s yuan ‘trading like a safe haven currency’ as Ukraine crisis roils markets \| South China Morning Post](https://feedsoft.ai/events/42929-china-s-yuan-trading-like-a-safe-haven-currency-as-ukraine-crisis-roils-markets.md) | +0.1% | +0.9% |
| USDCNY | 2020-07-31 | [Gathering US-China storm clouds herald restless time for yuan - Gulf Times](https://feedsoft.ai/events/52324-gathering-us-china-storm-clouds-herald-restless-time-for-yuan-gulf-times.md) | -0.8% | -1.6% |
| USDCNY | 2026-06-15 | [China’s Yuan Hit A Three-Year High As The Dollar Slipped - Finimize](https://feedsoft.ai/events/8414-china-s-yuan-hit-a-three-year-high-as-the-dollar-slipped-finimize.md) | +0.2% | +0.1% |
| SOY | 2026-07-22 | [Chicago wheat jumps on renewed attacks on Black Sea ports - Markets - Business Recorder](https://feedsoft.ai/events/9558-chicago-wheat-jumps-on-renewed-attacks-on-black-sea-ports-markets-business.md) | -0.6% | -1.5% |
| SOY | 2022-03-21 | [Wheat rebounds on Black Sea supply worries; corn, soybeans rise 1% - Markets - Business Recorder](https://feedsoft.ai/events/6245-wheat-rebounds-on-black-sea-supply-worries-corn-soybeans-rise-1-markets.md) | +2.5% | +2.8% |
| SOY | 2026-09-26 | [Argentina set for near-record farm dollar windfall as global supply shocks lift grain exports - Markets - Business Recorder](https://feedsoft.ai/events/13778-argentina-set-for-near-record-farm-dollar-windfall-as-global-supply-shocks-lift.md) | -3.1% | -5.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40343582

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