China's October Exports Jumped +16% Year-over-Year, Even Against U.S. Tariffs - How?
Notwithstanding a searing trade war with the U.S., China’s exporters experienced a strong October.
Chinese exports surged +16% in October compared to the year-ago period. That was faster than the preceding month’s year-over-year growth rate, even as October was the first full month when the U.S. implemented new tariffs on $200 billion of Chinese goods. The tariff rate, which is now 10% on these goods, will be hiked to 25% by the end of the year – something that could have potentially accelerated demand for Chinese exports in October, before prices increase further.
Another possible factor behind the export boost could be a weakening Chinese yuan, which lost almost -10% in value against the U.S. dollar since February. A lower yuan could be a tailwind to Chinese goods’ competitiveness in global trade, thereby potentially mitigating the headwinds posed by tariffs. But given that Chinese authorities/regulators are apparently taking steps to stabilize the yuan and arrest excessive short-selling in the currency, coupled with the slated hike in U.S. tariff rates on Chinese goods, it remains to be seen how long China’s export growth can continue. A lot could also hinge on the outcome of the scheduled trade talk between U.S. President Donald Trump and China’s leader Xi Jinping later this month when they would be attending the G20 summit in Buenos Aires.
USDCNY in +2.02% Uptrend, rising for three consecutive days on June 24, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where USDCNY advanced for three days, in of 206 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where USDCNY's RSI Indicator exited the oversold zone, of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 70 cases where USDCNY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 24, 2026. You may want to consider a long position or call options on USDCNY as a result. In of 118 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for USDCNY just turned positive on June 22, 2026. Looking at past instances where USDCNY's MACD turned positive, the stock continued to rise in of 90 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
