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CNY Fixing - Actually At 7.1565, Not 7.1365 As Originally Reported

CNH

The USD/CNY fix actually printed at 7.1565, not 7.1365 as originally reported by Bloomberg. This means the fixing error is closer to where it was yesterday, coming in today at -294pips.

  • Importantly, the actual USD/CNY fix is now above 7.1500 for the first time since July 13. It ends a long run of relative stable fixings sub this level.
  • USD/CNH is now above 7.2250, fresh multi week highs. July 19 highs near 7.2370 are now within sight.

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