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CNH: USD/CNY Fixing Neutral

CNH

The USD/CNY fixing printed at 7.0723, versus a Bloomberg consensus of 7.0722. 

  • Today's fixing is a neutral outcome. This comes after some slight downside surprises at the tail end of last week for the fix.
  • USD/CNH is higher in the first part of trade, but has found selling interest above 7.0900, the pair last near 7.0850.
  • Equity futures are volatile in the first part of trade, with focus to be on sentiment post the weekend's fiscal briefing update. 
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The USD/CNY fixing printed at 7.0723, versus a Bloomberg consensus of 7.0722. 

  • Today's fixing is a neutral outcome. This comes after some slight downside surprises at the tail end of last week for the fix.
  • USD/CNH is higher in the first part of trade, but has found selling interest above 7.0900, the pair last near 7.0850.
  • Equity futures are volatile in the first part of trade, with focus to be on sentiment post the weekend's fiscal briefing update.