The USD/CNY fixing printed at 6.7680, versus a Bloomberg consensus of 6.7686.

• Today's outcome represents a -6pip deviation in USD/CNY terms. Yesterday's outcome was -28pips. The 5-day rolling sum of the fixing error is now at -20pips, versus -5pips yesterday.
• USD/CNH has traded with a weaker bias in the first part of the session. We hit a fresh multi-month low at 6.7545. We are slightly higher now, back closer to 6.7600. Broadly weaker USD sentiment, particularly against the JPY, is spilling over into CNH.