Yuan's Unusual Decline Pre-G20

by Ashraf Laidi

Feb 21, 2014 19:13

China's yuan is undergoing its highest weekly decline vs. the US dollar since January 2012. It is also the first string of four consecutive weekly declines since May-June 2012, a period coinciding with a 10% sell-off in the S&P500—the last time the US index fell by such magnitude. Why is that and what does it mean?

Click To Enlarge

Latest IMTs

• Gold and Silver Repeat June 13 Playbook
  by Ashraf Laidi | Mar 3, 2026 13:35
• How I Grew the Account 5x
  by Ashraf Laidi | Mar 2, 2026 11:54
• Breakout to 2 Month Highs
  by Ashraf Laidi | Feb 27, 2026 12:12
• Grow an Account 5x
  by Ashraf Laidi | Feb 26, 2026 14:36
• USDJPY Jumps on Dovish Picks
  by Ashraf Laidi | Feb 25, 2026 11:40