◂ Gebeurtenissenverloop

22 okt 2022MACROChina

Yuan Falls to Lowest Level Since 2008 on Hawkish Fed and Growth Risks

The onshore yuan fell to 7.2525 per dollar, its weakest since January 2008, as the dollar strengthened on hawkish Federal Reserve comments. Covid lockdowns in Xi'an also heightened concerns about Chinese growth, even as the central bank set a firmer-than-expected fixing.

WAAROM HET ER TOE DOET

Yuan weakness and slower Chinese growth both reduce Chinese demand for imported feed commodities, which is bearish for US and Brazilian export prices.

BETREFTChinese yuan (CNY per USD)▲

BRON
caixinglobal.com22 okt 2022

Koersreactie & historie

Chinese yuan (CNY per USD)▲opwaartsTOT NU TOE1d +0,3%5d +0,1%20d -1,0%

Na 398 eerdere opwaarts macro-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan +0,0% over 5 sessies (56% hoger; middelste helft -0,3% tot +0,5%), en +0,0% over 20.

30 mrt 2020China's overnight onshore dollar/yuan swap points fall to lowest level since 2007 | Financial Post-0,0%
2 apr 2020Yuan falls to near 6-month low as global coronavirus fears grow - CGTN-0,5%
20 apr 2022Chinese Yuan Extends Drop to Six-Month Low as U.S. Yields Rise - Caixin Global+2,5%
23 mei 2024China Allows Yuan to Drop as Outflows, Dollar Test Central Bank’s Grip - Caixin Global+0,1%
31 mrt 2023Widening U.S.-China Rate Gap Set to Weigh on Yuan’s Resilience - Caixin Global+0,1%

Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.

Chinese yuan (CNY per USD) USDCNY · GP ▸

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