🚨 BREAKING: Chinese Yuan Hits 6.91 vs USD — Strongest Since May 2023
The Chinese Yuan has strengthened to 6.91 per USD, marking its strongest level in nearly a year.
This puts the Yuan on track for its 7th consecutive monthly gain — the longest winning streak since 2020–2021 — now up ~5% since 2025.
Since September, it has also been the 3rd best-performing currency in Asia.
🔍 What’s driving the move?
The latest leg higher follows reports that:
• Chinese regulators advised banks to limit purchases of U.S. Treasuries
• Banks with heavy exposure were instructed to reduce positions
This matters.
Reducing Treasury demand + capital reallocation = structural pressure on the U.S. Dollar.
🧠 Bigger picture:
• Dollar weakness is becoming global, not isolated
• China is quietly stabilizing its currency while the USD loses momentum
• Capital flows are shifting away from USD-denominated safety
🔑 Why crypto markets should care:
Historically, sustained USD weakness has acted as a tailwind for scarce, non-sovereign assets.
Liquidity doesn’t disappear — it rotates.
And rotation is how trends begin.
#china #Yuan #USDollarWarning #Macro #mmszcryptominingcommunity
