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fxbearishAbout USDCNYPublished May 26, 2026, 8:00 AM

Yuan Faces Risk of Hitting 5 per Dollar on Potential Carry-Trade Exit, Macquarie Says

Yuan Faces Risk of Hitting 5 per Dollar on Potential Carry-Trade Exit, Macquarie Says
Key takeaways
  • Analysts at Macquarie warned that the Chinese yuan could weaken toward 5 per US dollar if carry trades unwind, amid broader emerging market currency pressures.
AI insight — what it means

AI insight — what it means

China's currency could lose value against the US dollar if investors unwind certain borrowing strategies. This shift might make Chinese exports cheaper but could add pressure to other emerging markets.

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