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Chinese Yuan to Canadian Dollar (CNY/CAD) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: January 18, 2025 (12:44)
Reverse forecast: CAD to CNY
Yuan / Canadian Dollar price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Yuan (CNY) to Canadian Dollar (CAD) | 19.7 | 19.5 | 19.7 | |
| 200 Yuan (CNY) to Canadian Dollar (CAD) | 39.4 | 39.1 | 39.5 | |
| 500 Yuan (CNY) to Canadian Dollar (CAD) | 98.5 | 97.6 | 98.7 | |
| 1000 Yuan (CNY) to Canadian Dollar (CAD) | 196.9 | 195.3 | 197.3 | |
| 3000 Yuan (CNY) to Canadian Dollar (CAD) | 590.8 | 585.8 | 592 |
How much will the CNY/CAD currency pair cost in 2025, 2026 and 2027? What is the forecast for the CNY/CAD currency pair? What is the target price of the Yuan / Canadian Dollar currency pair for 2025-2027?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Yuan rise or fall against the Canadian Dollar?
Identifying the trend of the CNY/CAD currency pair
The recent news highlights a nuanced impact on the CNYCAD exchange rates, emphasizing geopolitical tensions and technological advances. The rise in yuan-backed transactions through advancements in financial technology suggests a favorable outlook for China's currency. However, the neutral sentiment indicates limited immediate effect on the petrodollar's dominance.
Additionally, the potential shift in U.S. economic policies towards cryptocurrency, as exemplified by Scott Bessent's Bitcoin ETF investment, introduces uncertainty for traditional currencies like the CNY. This suggests cautious investor sentiment pending further policy developments.
Conversely, rising geopolitical tensions amid potential AI chip sanctions against China have pressured Chinese tech stocks, leading to market uncertainty. This is reflected in the negative sentiment score, hinting at possible volatility in the CNY.
Overall, investors should brace for a mixed impact on the CNYCAD pair, balancing cautiously between technological optimism and geopolitical risks in the near term.
CNY Trend Prediction
As of now, Panda has analyzed 18 news pieces concerning the CNY currency. The average relevance score for these news items is 0.2 (with the closer to 1 being more relevant).|
2025-01-16
|
Neutral | Impact: 0.03 | News: 1 (0/1/0) |
|
2025-01-13
|
Neutral | Impact: 0.15 | News: 1 (0/1/0) |
|
2025-01-10
|
Neutral | Impact: 0.02 | News: 2 (0/2/0) |
|
2025-01-06
|
Neutral | Impact: -0.03 | News: 2 (0/1/1) |
|
2025-01-04
|
Bullish | Impact: 0.22 | News: 1 (1/0/0) |
|
2025-01-03
|
Neutral | Impact: -0.05 | News: 1 (0/1/0) |
|
2025-01-02
|
Bullish | Impact: 0.08 | News: 2 (1/1/0) |
China's Yuan Gains Traction in Oil Markets, But Petrodollar Remains Dominant
January 16, 2025 (11:30)
Trend: Neutral
Influence: 0.03
The increase in yuan-backed transactions for crude settlement is facilitated by the digital yuan and advancements in financial technology, indicating a positive development for China's currency. However, the neutral sentiment score suggests that while the yuan's role is growing, it has not yet significantly impacted the longstanding dominance of the petrodollar, resulting in minimal immediate effect on the CNY exchange rate.
Scott Bessent Has Up To $500,000 In Bitcoin ETF - Trump's Treasury Nominee Unveiled
January 13, 2025 (02:52)
Trend: Neutral
Influence: 0.15
The news indicating Scott Bessent's investment in a Bitcoin ETF suggests a potential shift towards cryptocurrency in U.S. economic policies, stirring uncertainty regarding traditional currencies like CNY. Consequently, this news carries a neutral impact on the CNY exchange rate as investors await further policy developments.
CAD Trend Forecasting
Regarding the CAD currency, 1 news pieces were analyzed. The average relevance of these news items is 0.33 (the closer to 1, the higher).|
2025-01-09
|
Bullish | Impact: 0.27 | News: 1 (1/0/0) |
Wall Street's Young Challengers Eyeing Goldman Sachs
January 9, 2025 (14:00)
Trend: Somewhat-Bullish
Influence: 0.27
The CAD's somewhat bullish sentiment may be influenced by expectations that fresh competition could destabilize traditional financial giants and exchange dynamics. This could lead to increased volatility and speculative opportunities favoring the CAD in currency markets.
This chart provides a comparative trend analysis of sentiment scores over time for CNY and CAD currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Yuan/Canadian Dollar currency pair
The chart below shows the historical quotes of the CNY/CAD 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 Yuan/Canadian Dollar rate can be found in the table below.
Long-term forecasts by years.
CNY Main News
Chinese Tech Stocks Drop Amid AI Chip Sanction Concerns Against China
January 10, 2025 (13:44)
Trend: Neutral
Influence: -0.01
The potential AI chip sanctions have increased geopolitical tensions, leading to a decrease in confidence in Chinese tech stocks, which in turn puts pressure on the CNY. As investors react to these uncertainties, it could lead to volatility in the CNY exchange rate, reflected by the negative sentiment score.
Tesla Unveils Updated Model Y in China to Compete with Local Competitors
January 10, 2025 (10:20)
Trend: Neutral
Influence: 0.06
The launch of a refreshed Model Y in China represents Tesla's strategy to strengthen its position in a competitive market, potentially boosting domestic production and economic activity tied to the automotive sector. While the initial impact on the CNY exchange rate is neutral, successful sales could positively influence the currency by enhancing trade balance figures.
Chinese Exchanges Call for Curbs on Stock Sales Amid Concerns Over Trump's Return
January 6, 2025 (09:35)
Trend: Somewhat-Bearish
Influence: -0.15
The news of Chinese exchanges urging fund managers to limit stock sales reflects domestic efforts to stabilize financial markets, which in turn affects the CNY exchange rate by fostering investor caution. This caution is likely contributing to a bearish sentiment, as indicated by the marginally negative sentiment score for the CNY.
China's Central Bank Targets Yuan Stability Amid Depreciation Fears
January 6, 2025 (08:15)
Trend: Neutral
Influence: 0.09
The potential depreciation of the yuan to 7.6 against the US dollar reflects concerns about China's economic outlook and external pressures from international policies. While the central bank aims to stabilize the currency, the neutral sentiment suggests that market participants are cautiously observing the developments without a definitive negative or positive stance.
Record Panda Bond Issuance in 2024 Sets Bullish Tone for 2025
January 4, 2025 (00:00)
Trend: Somewhat-Bullish
Influence: 0.22
The record issuance of yuan-denominated panda bonds reflects increased international participation in the Chinese bond market, boosting confidence in the yuan. As demand for these bonds remains strong, it supports the currency's value, contributing to the somewhat bullish sentiment for the CNY exchange rate.
Chinese Bond Yields Dip Below 2% Amid Deflation Fears and Strong US Dollar
January 3, 2025 (06:11)
Trend: Neutral
Influence: -0.05
The drop in Chinese bond yields below 2% indicates increasing deflation worries, which can lead to a weaker demand for the CNY as investors seek safer assets. Additionally, the strong US dollar further pressures the CNY, exacerbating concerns over currency devaluation in the global market.
Goldman Sachs Predicts Growth for Li Auto With New Models and Autonomous Tech Advances
January 2, 2025 (18:44)
Trend: Neutral
Influence: 0
Despite Li Auto's promising growth potential and advances in autonomous driving, the news had a neutral impact on the CNY exchange rate as indicated by the sentiment score. This could be due to investors awaiting more concrete financial results from Li Auto before making judgments on how it will affect broader economic indicators related to the Chinese market.
Apple Discounts in China Amidst Increasing Rivalry from Huawei
January 2, 2025 (10:05)
Trend: Somewhat-Bullish
Influence: 0.17
The heightened competition from domestic brands like Huawei is prompting Apple to offer discounts, which could boost consumer spending and positively impact the CNY. As domestic brands grow stronger, the increased competitiveness in the market supports a more favorable sentiment towards the Chinese economy, slightly bolstering the CNY exchange rate.
China Imposes Stricter Forex Regulations to Monitor Cryptocurrency Transactions
December 31, 2024 (01:00)
Trend: Neutral
Influence: 0.12
The new forex rules from China aim to mitigate financial risks by enforcing stricter bank scrutiny on all transactions, including those dealing with cryptocurrencies. This increased oversight may lead to a more stable CNY exchange rate, as it helps prevent potentially destabilizing speculative capital flows.
Xiaomi Collaborates with NIO, XPeng, and Li Auto to Expand EV Charging Network
December 30, 2024 (16:16)
Trend: Somewhat-Bullish
Influence: 0.29
The collaboration between Xiaomi and leading EV companies enhances infrastructure, potentially increasing domestic EV adoption and boosting China's technological market presence. Such progress may positively influence the Chinese yuan, as demonstrated by the somewhat bullish sentiment.
Record Dividend Payouts by Chinese Firms Add Pressure to the Yuan Amid Ongoing US-China Tensions
December 29, 2024 (04:25)
Trend: Neutral
Influence: 0.08
The record-high interim dividend payouts by Chinese firms listed in Hong Kong increase the outflow of capital, putting downward pressure on the CNY exchange rate. Additionally, ongoing US-China tensions further exacerbate the uncertain sentiment surrounding the yuan's performance in the forex market.
Scammers Exploit Economic Woes in China with 'Squid Game'-Themed Deceptions
December 25, 2024 (10:46)
Trend: Neutral
Influence: -0.1
The scams based on 'Squid Game' highlight the economic distress in China, contributing to a lack of confidence which can negatively affect the CNY's stability. The market perceives this exploitation of economic vulnerability as a symptom of larger financial issues, potentially discouraging foreign investment and placing downward pressure on the exchange rate.
Proposal for China to Anchor Yuan to Euro and Other Currencies to Strengthen Policies
December 12, 2024 (04:00)
Trend: Neutral
Influence: 0.15
The suggestion to anchor the yuan to a basket of currencies like the euro is a strategic move to reduce reliance on the US dollar, potentially enhancing China's monetary policy autonomy. This approach could stabilize the CNY exchange rate by diversifying its basis, leading to the neutral sentiment observed.
Hello Group Reports Better-Than-Expected Q3 Earnings, Eyeing International Expansion
December 9, 2024 (11:16)
Trend: Neutral
Influence: 0
Despite the decline in revenue, Hello Group's better-than-expected results and plans for international expansion may help bolster confidence in Chinese companies' potential growth, but the immediate impact on the CNY appears neutral as indicated by the unchanged sentiment score. The market might be waiting for more significant developments in international earnings or broader economic indicators to affect the CNY.
Record Low Bond Yields in China Increase Pressure on the Yuan
December 3, 2024 (08:00)
Trend: Somewhat-Bearish
Influence: -0.19
The record low in China's bond yields reflects growing economic concerns, putting downward pressure on the yuan as investors seek safer assets. This situation is reminiscent of Japan's past deflationary struggles, contributing to a bearish sentiment towards the CNY.
Comprehensive Analysis of News and Events influencing the CNYCAD 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 Yuan/Canadian Dollar currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2025, 2026 and 2027).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Yuan / Canadian Dollar Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan 20 | 0.1969 | 0.1967 | 0.1976 | 0.46 % |
| Jan 21 | 0.1969 | 0.1964 | 0.1971 | 0.33 % |
| Jan 22 | 0.1965 | 0.1962 | 0.1969 | 0.34 % |
| Jan 23 | 0.1956 | 0.1950 | 0.1963 | 0.65 % |
| Jan 24 | 0.1954 | 0.1948 | 0.1958 | 0.52 % |
| Jan 25 | 0.1953 | 0.1950 | 0.1957 | 0.36 % |
| Jan 26 | 0.1956 | 0.1954 | 0.1962 | 0.40 % |
| Jan 27 | 0.1958 | 0.1953 | 0.1962 | 0.47 % |
| Jan 28 | 0.1955 | 0.1949 | 0.1960 | 0.58 % |
| Jan 29 | 0.1959 | 0.1956 | 0.1963 | 0.35 % |
| Jan 30 | 0.1954 | 0.1948 | 0.1958 | 0.52 % |
| Jan 31 | 0.1953 | 0.1947 | 0.1959 | 0.64 % |
| Feb 01 | 0.1956 | 0.1950 | 0.1961 | 0.58 % |
| Feb 02 | 0.1965 | 0.1961 | 0.1970 | 0.50 % |
| Feb 03 | 0.1970 | 0.1963 | 0.1972 | 0.46 % |
| Feb 04 | 0.1978 | 0.1971 | 0.1982 | 0.57 % |
| Feb 05 | 0.1976 | 0.1971 | 0.1980 | 0.47 % |
| Feb 06 | 0.1976 | 0.1970 | 0.1978 | 0.40 % |
| Feb 07 | 0.1975 | 0.1972 | 0.1981 | 0.42 % |
| Feb 08 | 0.1969 | 0.1962 | 0.1974 | 0.61 % |
| Feb 09 | 0.1970 | 0.1963 | 0.1972 | 0.42 % |
| Feb 10 | 0.1974 | 0.1968 | 0.1981 | 0.64 % |
| Feb 11 | 0.1970 | 0.1964 | 0.1977 | 0.65 % |
| Feb 12 | 0.1966 | 0.1964 | 0.1969 | 0.27 % |
| Feb 13 | 0.1972 | 0.1967 | 0.1979 | 0.60 % |
| Feb 14 | 0.1973 | 0.1969 | 0.1975 | 0.32 % |
| Feb 15 | 0.1970 | 0.1965 | 0.1972 | 0.34 % |
| Feb 16 | 0.1972 | 0.1969 | 0.1976 | 0.35 % |
| Feb 17 | 0.1976 | 0.1973 | 0.1978 | 0.28 % |
| Feb 18 | 0.1973 | 0.1971 | 0.1977 | 0.32 % |
Target daily price CNY/CAD
Target values of the CNY/CAD currency pair as of 01-20-2025.
Optimistic target level: 0.1976
Pessimistic target level: 0.1967
Target values of the CNY/CAD currency pair as of 01-21-2025.
Optimistic target level: 0.1971
Pessimistic target level: 0.1964
Target values of the CNY/CAD currency pair as of 01-22-2025.
Optimistic target level: 0.1969
Pessimistic target level: 0.1962
Target values of the CNY/CAD currency pair as of 01-23-2025.
Optimistic target level: 0.1963
Pessimistic target level: 0.1950
Target values of the CNY/CAD currency pair as of 01-24-2025.
Optimistic target level: 0.1958
Pessimistic target level: 0.1948
Yuan / Canadian Dollar (CNY/CAD) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Feb | 0.2005 | 0.1970 | 0.2043 | 3.57 % |
| Mar | 0.2025 | 0.1985 | 0.2036 | 2.51 % |
| Apr | 0.2049 | 0.2035 | 0.2080 | 2.15 % |
| May | 0.2063 | 0.2044 | 0.2087 | 2.06 % |
| Jun | 0.2076 | 0.2035 | 0.2089 | 2.58 % |
| Jul | 0.2059 | 0.2043 | 0.2093 | 2.35 % |
| Aug | 0.2074 | 0.2061 | 0.2115 | 2.55 % |
| Sep | 0.2076 | 0.2041 | 0.2106 | 3.10 % |
| Oct | 0.2073 | 0.2046 | 0.2087 | 1.94 % |
| Nov | 0.2109 | 0.2074 | 0.2134 | 2.80 % |
| Dec | 0.2121 | 0.2085 | 0.2135 | 2.33 % |
CNY/CAD forecast for this year
Forecast of the CNY/CAD pair for Feb 2025
Forecast of the CNY/CAD pair for Mar 2025
Forecast of the CNY/CAD pair for Apr 2025
Forecast of the CNY/CAD pair for May 2025
Forecast of the CNY/CAD pair for Jun 2025
Forecast of the CNY/CAD pair for Jul 2025
Forecast of the CNY/CAD pair for Aug 2025
Forecast of the CNY/CAD pair for Sep 2025
Forecast of the CNY/CAD pair for Oct 2025
Forecast of the CNY/CAD pair for Nov 2025
Forecast of the CNY/CAD pair for Dec 2025
Yuan / Canadian Dollar (CNY/CAD) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.2113 | 0.2098 | 0.2145 | 2.18 % |
| Feb | 0.2103 | 0.2083 | 0.2122 | 1.88 % |
| Mar | 0.2131 | 0.2104 | 0.2173 | 3.19 % |
| Apr | 0.2122 | 0.2109 | 0.2141 | 1.50 % |
| May | 0.2125 | 0.2096 | 0.2159 | 2.92 % |
| Jun | 0.2103 | 0.2071 | 0.2124 | 2.52 % |
| Jul | 0.2078 | 0.2041 | 0.2112 | 3.35 % |
| Aug | 0.2055 | 0.2044 | 0.2073 | 1.39 % |
| Sep | 0.2026 | 0.1997 | 0.2054 | 2.77 % |
| Oct | 0.2047 | 0.2015 | 0.2073 | 2.80 % |
| Nov | 0.2061 | 0.2045 | 0.2104 | 2.80 % |
| Dec | 0.2051 | 0.2014 | 0.2061 | 2.28 % |
Yuan / Canadian Dollar (CNY/CAD) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.2079 | 0.2039 | 0.2106 | 3.16 % |
| Feb | 0.2118 | 0.2095 | 0.2153 | 2.71 % |
| Mar | 0.2171 | 0.2135 | 0.2202 | 3.03 % |
| Apr | 0.2207 | 0.2183 | 0.2226 | 1.93 % |
| May | 0.2173 | 0.2139 | 0.2202 | 2.85 % |
| Jun | 0.2176 | 0.2144 | 0.2190 | 2.09 % |
| Jul | 0.2173 | 0.2136 | 0.2199 | 2.85 % |
| Aug | 0.2172 | 0.2153 | 0.2208 | 2.48 % |
| Sep | 0.2159 | 0.2121 | 0.2178 | 2.63 % |
| Oct | 0.2204 | 0.2179 | 0.2240 | 2.69 % |
| Nov | 0.2214 | 0.2175 | 0.2255 | 3.57 % |
| Dec | 0.2252 | 0.2215 | 0.2265 | 2.20 % |