November 10, 2024 Wall Street Soars: Trump’s Victory Ignites Market Surge
November 2, 2024 Tech Titans’ Mixed Results Stall Wall Street Bull Run
October 28, 2024 Recent Oil Slides In Global Markets, Japan In Flux
Tesla’s Election Victory Doesn’t Change Core Concerns
Tesla Q3: Wright’s Law Returns (Rating Upgrade)
Amazon Is A Sell On Trade War Fears
October 22, 2024 A Comprehensive Guide to RoadRunner Auto Transport Services
October 3, 2024 Mastering Trading Indicators: Your Essential Toolkit For Success
April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?
April 12, 2024 Improve Your Financial Status: A How-To Guide
Canadian Dollar to Chinese Yuan (CAD/CNY) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: November 11, 2024 (3:44)
Reverse forecast: CNY to CAD
Canadian Dollar / Yuan price online today
Now | Tomorrow | 7 Days | 30 Days | |
---|---|---|---|---|
100 Canadian Dollar (CAD) to Yuan (CNY) | 515.5 | 517.6 | 515.7 | |
200 Canadian Dollar (CAD) to Yuan (CNY) | 1031 | 1035.2 | 1031.5 | |
500 Canadian Dollar (CAD) to Yuan (CNY) | 2577.5 | 2587.9 | 2578.7 | |
1000 Canadian Dollar (CAD) to Yuan (CNY) | 5155 | 5175.8 | 5157.3 | |
3000 Canadian Dollar (CAD) to Yuan (CNY) | 15465 | 15527.3 | 15472 |
How much will the CAD/CNY currency pair cost in 2024, 2025 and 2026? What is the forecast for the CAD/CNY currency pair? What is the target price of the Canadian Dollar / Yuan currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Canadian Dollar rise or fall against the Yuan?
Identifying the trend of the CAD/CNY currency pair
The recent news highlights a potential shift in the Canadian dollar (CAD) momentum. BlackRock Canada’s initiative to alter investment objectives for the iShares Premium Money Market ETF has introduced a somewhat bullish sentiment towards the CAD, suggesting a strategic maneuver aimed at enhancing returns. This could bolster investor confidence and spur inflows into the Canadian financial markets, positively influencing CAD's valuation.
Conversely, the Chinese Yuan (CNY) is facing downward pressures following Donald Trump's re-election victory. The resulting surge in the U.S. Dollar Index underscores increased investor confidence in the U.S. economy, potentially diverting capital away from the CNY. Moreover, the yuan’s decline highlights growing market concerns about prospective trade tensions and tariff negotiations between the U.S. and China under Trump’s administration.
In anticipation of these developments, currency traders should brace for potential volatility, with the CAD possibly appreciating on improved sentiment while the CNY might continue to experience depreciation pressures. Investors should remain vigilant of geopolitical dynamics and be prepared for fluctuations in exchange rates, particularly in light of emerging trade discussions.
CAD Trend Prediction
As of now, Panda has analyzed 6 news pieces concerning the CAD currency. The average relevance score for these news items is 0.27 (with the closer to 1 being more relevant).
2024-11-08
|
Bullish | Impact: 0.21 | News: 1 (1/0/0) |
2024-10-30
|
Neutral | Impact: -0.06 | News: 1 (0/1/0) |
2024-10-29
|
Bullish | Impact: 0.17 | News: 1 (1/0/0) |
2024-09-25
|
Bullish | Impact: 0.4 | News: 1 (1/0/0) |
2024-09-20
|
Bullish | Impact: 0.17 | News: 1 (1/0/0) |
2024-09-19
|
Neutral | Impact: 0.14 | News: 1 (0/1/0) |
BlackRock Canada Convenes Unitholder Meeting to Vote on iShares Money Market ETF Investment Shift
Bitcoin's Euro Record High and Quest for Gold Supremacy
CNY Trend Forecasting
Regarding the CNY currency, 24 news pieces were analyzed. The average relevance of these news items is 0.22 (the closer to 1, the higher).
2024-11-06
|
Neutral | Impact: -0.21 | News: 2 (0/1/1) |
2024-11-02
|
Neutral | Impact: 0.03 | News: 1 (0/1/0) |
2024-11-01
|
Bullish | Impact: 0.32 | News: 1 (1/0/0) |
2024-10-21
|
Neutral | Impact: 0.11 | News: 1 (0/1/0) |
2024-10-20
|
Neutral | Impact: 0.13 | News: 1 (0/1/0) |
2024-10-18
|
Neutral | Impact: 0.08 | News: 1 (0/1/0) |
2024-10-16
|
Bullish | Impact: 0.38 | News: 1 (1/0/0) |
U.S. Dollar Index Experiences Sharp Surge Post-Trump Victory, Impacting Global Markets
Yuan Tumbles Following Trump's US Election Victory Announcement
Historical and forecast chart of the Canadian Dollar/Yuan currency pair
The chart below shows the historical quotes of the CAD/CNY pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Canadian Dollar/Yuan rate can be found in the table below.
Long-term forecasts by years.
CAD Main News
Bank of Canada Report Uncovers Canadian Reluctance Towards Digital Currency
AU Small Finance Bank Announces 6.30% on NRI FCNR (B) Deposits
Bank of Canada Prioritizes Payment System Enhancements Over Retail CBDC
Bank of Canada Halts Progress on Digital Currency Initiative
CNY Main News
Chinese Flock to Gold as Prices Hit All-Time Highs
China Encouraged to Expand Yuan Loans Abroad to Challenge US Dollar Dominance
China Advances Efforts to Globalize the Yuan: Insights from Sibos
China and ASEAN Near Finalization of Enhanced Free-Trade Agreement
Fed Governor Highlights the Prospects of Stablecoins for Financial Stability
Yum China's Stock Recovery: Evaluating Resilience Amid Short-Term Challenges
Hong Kong Targets Increased Capital Inflow through Expanded Yuan Utilization
Report Forecasts Crypto Adoption to Reach 8% by 2025
Analysts Warn Against Betting On Chinese Stimulus Amid Yuan Volatility And Upcoming US Election
Yuan Strengthens as Beijing Implements Stimulus Measures
Investors Propel Stock Surge by Embracing China Stimulus Efforts
Yuan Reaches Highest Value Against Dollar in Over a Year Amid Stimulus Actions
Yuan Strengthens Amid Federal Reserve Rate Cuts and Exporters’ Dollar Shift
China's US Debt Holdings Under Scrutiny Following Fed Rate Reduction
Fed Rate Reduction to Alleviate Yuan Pressure and Enable Policy Adjustments: Analysts
Comprehensive Analysis of News and Events influencing the CADCNY currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Canadian Dollar/Yuan currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Canadian Dollar / Yuan Daily Forecast for a Month
Date | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Nov 13 | 5.1550 | 5.1430 | 5.1650 | 0.43 % |
Nov 14 | 5.1587 | 5.1407 | 5.1657 | 0.49 % |
Nov 15 | 5.1734 | 5.1673 | 5.1888 | 0.42 % |
Nov 16 | 5.1857 | 5.1753 | 5.1928 | 0.34 % |
Nov 17 | 5.1942 | 5.1813 | 5.2085 | 0.52 % |
Nov 18 | 5.1758 | 5.1644 | 5.1825 | 0.35 % |
Nov 19 | 5.1781 | 5.1665 | 5.1872 | 0.40 % |
Nov 20 | 5.1842 | 5.1737 | 5.2019 | 0.55 % |
Nov 21 | 5.1825 | 5.1662 | 5.1987 | 0.63 % |
Nov 22 | 5.1832 | 5.1697 | 5.1989 | 0.56 % |
Nov 23 | 5.1795 | 5.1648 | 5.1968 | 0.62 % |
Nov 24 | 5.1651 | 5.1597 | 5.1812 | 0.42 % |
Nov 25 | 5.1502 | 5.1359 | 5.1581 | 0.43 % |
Nov 26 | 5.1304 | 5.1203 | 5.1487 | 0.56 % |
Nov 27 | 5.1318 | 5.1230 | 5.1380 | 0.29 % |
Nov 28 | 5.1242 | 5.1129 | 5.1367 | 0.46 % |
Nov 29 | 5.1286 | 5.1210 | 5.1455 | 0.48 % |
Nov 30 | 5.1364 | 5.1219 | 5.1459 | 0.47 % |
Dec 01 | 5.1475 | 5.1291 | 5.1568 | 0.54 % |
Dec 02 | 5.1617 | 5.1471 | 5.1747 | 0.54 % |
Dec 03 | 5.1691 | 5.1643 | 5.1752 | 0.21 % |
Dec 04 | 5.1843 | 5.1687 | 5.2014 | 0.63 % |
Dec 05 | 5.1759 | 5.1622 | 5.1942 | 0.62 % |
Dec 06 | 5.1752 | 5.1650 | 5.1853 | 0.39 % |
Dec 07 | 5.1762 | 5.1587 | 5.1897 | 0.60 % |
Dec 08 | 5.1692 | 5.1539 | 5.1813 | 0.53 % |
Dec 09 | 5.1636 | 5.1525 | 5.1762 | 0.46 % |
Dec 10 | 5.1564 | 5.1418 | 5.1711 | 0.57 % |
Dec 11 | 5.1590 | 5.1543 | 5.1638 | 0.18 % |
Dec 12 | 5.1573 | 5.1416 | 5.1678 | 0.51 % |
Target daily price CAD/CNY
Target values of the CAD/CNY currency pair as of 11-13-2024.
Optimistic target level: 5.1650
Pessimistic target level: 5.1430
Target values of the CAD/CNY currency pair as of 11-14-2024.
Optimistic target level: 5.1657
Pessimistic target level: 5.1407
Target values of the CAD/CNY currency pair as of 11-15-2024.
Optimistic target level: 5.1888
Pessimistic target level: 5.1673
Target values of the CAD/CNY currency pair as of 11-16-2024.
Optimistic target level: 5.1928
Pessimistic target level: 5.1753
Target values of the CAD/CNY currency pair as of 11-17-2024.
Optimistic target level: 5.2085
Pessimistic target level: 5.1813
Canadian Dollar / Yuan (CAD/CNY) Forecast 2024 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Dec | 5.2139 | 5.1142 | 5.2549 | 2.68 % |
CAD/CNY forecast for this year
Forecast of the CAD/CNY pair for Dec 2024
Canadian Dollar / Yuan (CAD/CNY) Forecast 2025 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 5.2193 | 5.1616 | 5.3091 | 2.78 % |
Feb | 5.1789 | 5.1428 | 5.2142 | 1.37 % |
Mar | 5.2101 | 5.1157 | 5.2718 | 2.96 % |
Apr | 5.3364 | 5.2343 | 5.3868 | 2.83 % |
May | 5.2450 | 5.2071 | 5.3309 | 2.32 % |
Jun | 5.1264 | 5.0671 | 5.1966 | 2.49 % |
Jul | 5.0893 | 4.9958 | 5.1293 | 2.60 % |
Aug | 5.1455 | 5.0808 | 5.2353 | 2.95 % |
Sep | 5.1928 | 5.1646 | 5.2529 | 1.68 % |
Oct | 5.1699 | 5.1365 | 5.2037 | 1.29 % |
Nov | 5.1874 | 5.1327 | 5.2461 | 2.16 % |
Dec | 5.1660 | 5.0671 | 5.2202 | 2.93 % |
Canadian Dollar / Yuan (CAD/CNY) Forecast 2026 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 5.1075 | 5.0563 | 5.1531 | 1.88 % |
Feb | 5.0864 | 5.0006 | 5.1574 | 3.04 % |
Mar | 4.9600 | 4.8626 | 5.0108 | 2.96 % |
Apr | 4.9574 | 4.9279 | 5.0346 | 2.12 % |
May | 4.9064 | 4.8659 | 4.9671 | 2.04 % |
Jun | 4.9462 | 4.8690 | 4.9760 | 2.15 % |
Jul | 5.0433 | 4.9709 | 5.1409 | 3.31 % |
Aug | 4.9952 | 4.9147 | 5.0717 | 3.10 % |
Sep | 5.0017 | 4.9656 | 5.0663 | 1.99 % |
Oct | 5.0877 | 5.0121 | 5.1197 | 2.10 % |
Nov | 5.0160 | 4.9733 | 5.1117 | 2.71 % |
Dec | 4.9503 | 4.9095 | 5.0063 | 1.93 % |
Other currencies against the Yuan (CNY)