◂ Gebeurtenissenverloop

26 feb 2017MACROChina

China's yuan falls, but fears of US trade war may cap depreciation

The yuan fell against the US dollar on Monday after the People's Bank of China set a weaker midpoint of 6.8814 per dollar, reflecting global dollar strength. Traders said depreciation room is limited because of the threat of a US trade war, and Trump had labelled China a currency manipulator the previous Thursday.

WAAROM HET ER TOE DOET

A weaker yuan makes Chinese exports cheaper and raises the dollar cost of imported feed inputs. Trade-war risk limits how far the currency can slide, which caps the upside for USD/CNY.

BETREFTChinese yuan (CNY per USD)▲

BRON
businesstimes.com.sg26 feb 2017

Koersreactie & historie

Chinese yuan (CNY per USD)▲opwaartsTOT NU TOE1d +0,0%5d +0,5%20d +0,2%

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.

1 mei 2024Yuan falls out of favour with China’s exporters as fears of depreciation mount-0,3%
25 apr 2017China's yuan dips against US dollar, falls to record low against currency basket - The Business Times+0,1%
26 okt 2017China's yuan weakens on US dollar strength, set for 2nd weekly loss - The Business Times-0,5%
6 jan 2022China's yuan eases on hawkish Fed, warning of depreciation pressure | Reuters-0,1%
25 okt 2022China’s yuan tumbles amid fears about Xi’s third term | CNN Business+0,6%

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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