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CNY Fixing - Close To Neutral Again

CNH

The USD/CNY fix printed at 6.7884, versus a Bloomberg consensus of 6.7888.

  • Today's outcome represents a -4pip surprise in USD/CNY terms. Yesterday this metric came in at -7pips.
  • USD/CNH has drifted a little lower in the first part of trade, last tracking near 6.7900.
  • Coming up shortly is Jan CPI and PPI prints.

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