November 22, 2024 01:18 GMT
CNH: USD/CNY Fixing Error Remains Wide
CNH
The USD/CNY fix printed at 7.1942, versus a Bloomberg consensus of 7.2497.
- The fixing error is slightly wider than yesterday's -539pips outcome, printing at -555pips today.
- The actual fixing remains sub recent highs and the bias appears to be to keep the fix sub 7.2000.
- The USD/CNH steady is quite steady today, we were little changed at 7.2540 in latest dealings. Earlier highs were at 7.2570.
66 words