Geopolitics Alpha

US sanctions crush Russia’s plan to ditch the dollar for China’s yuan

Published . Updated .

Key takeaways

  • Four years after a 2022 analysis argued the Chinese yuan was on the precipice of becoming a real alternative to the US dollar, new data show Russia’
  • Exposed: UUP, FXE, USO, UNG, FXI
  • Market reaction: UUP +0.7% on the day (still updating); FXE 0.0% on the day (still updating); USO +2.4% on the day (still updating)

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US sanctions crush Russia’s plan to ditch the dollar for China’s yuan

Four years after a 2022 analysis argued the Chinese yuan was on the precipice of becoming a real alternative to the US dollar, new data show Russia’

Directly affected

  • No company is named in this report.

Indirectly affected

  • UUP Invesco DB US Dollar Index Bullish Fund+1.9% 30d

    Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “the dollar” (currencies) in this story.

  • FXE Invesco CurrencyShares Euro Trust-0.5% 14d

    Invesco CurrencyShares Euro Trust: it tracks currencies. Linked by “the dollar” (currencies) in this story.

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story.

  • UNG United States Natural Gas Fund-13.5% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story.

  • FXI iShares China Large-Cap ETF-3.4% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • CEW WisdomTree Emerging Currency Strategy Fund

    WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China.

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story.

  • CVX Chevron+3.3% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UUP-0.82%+0.00%base+0.69%after closeafter closeafter close
FXE+0.59%-0.17%base+0.00%after closeafter closeafter close
USO+2.78%+4.95%base+2.37%after closeafter closeafter close
UNG-10.81%-10.24%base+1.15%after closeafter closeafter close
FXI+0.49%+1.53%base-1.35%after closeafter closeafter close
CEW+0.00%+0.00%base+0.00%after closeafter closeafter close
XOM+3.07%+0.89%base+1.25%after closeafter closeafter close
CVX+2.73%+0.67%base+0.78%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

US sanctions crush Russia’s plan to ditch the dollar for China’s yuan Lynnwood Times

Source: Lynnwood Times

How far Invesco DB US Dollar Index Bullish Fund (UUP) has moved since 11 Nov 2026

CompanyWhenMoveStatus
Wisdomtree Tr (CEW)that day0.00%still updating
Wisdomtree Tr (CEW)three days earlier0.00%final price
Wisdomtree Tr (CEW)five days earlier0.00%final price
Chevron (CVX)that day+0.78%still updating
Chevron (CVX)three days earlier+0.67%final price
Chevron (CVX)five days earlier+2.73%final price
Invesco CurrencyShares Euro Trust (FXE)that day0.00%still updating
Invesco CurrencyShares Euro Trust (FXE)three days earlier-0.17%final price
Invesco CurrencyShares Euro Trust (FXE)five days earlier+0.59%final price
Ishares China Large-Cap Etf (FXI)that day-1.35%still updating
Ishares China Large-Cap Etf (FXI)three days earlier+1.53%final price
Ishares China Large-Cap Etf (FXI)five days earlier+0.49%final price
United States Natural Gas Fund (UNG)that day+1.15%still updating
United States Natural Gas Fund (UNG)three days earlier-10.24%final price
United States Natural Gas Fund (UNG)five days earlier-10.81%final price
United States Oil Fund (USO)that day+2.37%still updating
United States Oil Fund (USO)three days earlier+4.95%final price
United States Oil Fund (USO)five days earlier+2.78%final price
Invesco DB US Dollar Index Bullish Fund (UUP)that day+0.69%still updating
Invesco DB US Dollar Index Bullish Fund (UUP)three days earlier0.00%final price
Invesco DB US Dollar Index Bullish Fund (UUP)five days earlier-0.82%final price
ExxonMobil Holdings (XOM)that day+1.25%still updating
ExxonMobil Holdings (XOM)three days earlier+0.89%final price
ExxonMobil Holdings (XOM)five days earlier+3.07%final price

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Who gains and who loses around Invesco DB US Dollar Index Bullish Fund (UUP)

Companies tied to this story

  • UUP Invesco DB US Dollar Index Bullish Fund

    For “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan,” Invesco DB US Dollar Index Bullish Fund (UUP) is linked, with no stored direction, medium confidence. Reason on file: Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “the dollar” (currencies) in this story

  • FXE Invesco CurrencyShares Euro Trust

    In “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan,” Invesco CurrencyShares Euro Trust (FXE) is linked, with no stored direction, medium confidence. Reason on file: Invesco CurrencyShares Euro Trust: it tracks currencies. Linked by “the dollar” (currencies) in this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story

  • UNG United States Natural Gas Fund

    In “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story

  • FXI Ishares China Large-Cap Etf

    Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan.” Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

  • CEW Wisdomtree Tr

    Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan.” Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China

  • XOM ExxonMobil Holdings

    For “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story

  • CVX Chevron

    For “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story

Invesco DB US Dollar Index Bullish Fund (UUP)

On 11 Nov 2026, “US sanctions crush Russia’s plan to ditch the dollar for China’s yuan” is the story that connects Invesco DB US Dollar Index Bullish Fund (UUP) to this story.

The link for Invesco DB US Dollar Index Bullish Fund (UUP) is this: Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “the dollar” (currencies) in this story

Also listed, Invesco CurrencyShares Euro Trust (FXE): Invesco CurrencyShares Euro Trust: it tracks currencies. Linked by “the dollar” (currencies) in this story

Price levels for Invesco DB US Dollar Index Bullish Fund (UUP)

FXE traded between 102.76 and 103.64 across 14 sessions. The latest close on file is 103.01. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. UUP traded between 28.86 and 29.23 across 20 sessions. The latest close on file is 29.14.

What the saved facts support for Invesco DB US Dollar Index Bullish Fund (UUP)

46 out of 100Price not final

“US sanctions crush Russia’s plan to ditch the dollar for China’s yuan” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.