Today's CNY to USD Price Update

Summary

This report provides the real-time exchange rate between the Chinese Yuan (CNY) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Chinese Yuan (CNY) is the primary fiat currency of China, while the U.S. Dollar (USD) is one of the world’s most dominant reserve currencies. The exchange rate between them reflects not only market perceptions of currency valuation but also investor confidence in the economic stability of both nations.

Today’s Price

• 1 CNY = 0.144 USD
• 24h High: 0.14424 USD
• 24h Low: 0.14409 USD

Market Analysis

Recently, CNY’s price movement has been influenced by China’s economic challenges, including export weakness, housing sector pressures, and treasury market dynamics, resulting in a weakening Yuan against the USD. Additionally, U.S.-China trade tensions and tariff concerns continue to add volatility to the pair.

• Technical levels: Key support at 6.95842, with moving average analysis suggesting sell signals across multiple timeframes (20, 50, 100, 150, and 200-day MAs)
• Risk note: Ongoing economic stagnation in China and potential escalation of trade disputes could trigger further depreciation of the Yuan
• Trading opportunities: Monitor USD/CNY volatility as market participants reassess the impact of tariffs and economic divergence between the two nations

Conclusion

Continue to monitor the CNY/USD pair closely, integrating macroeconomic indicators and trade policy developments with technical analysis. For traders, focus on the prevailing downward pressure on the Yuan and watch for potential support level tests driven by shifting economic conditions.