Free Trial

CNY Fixing - Neutral Trend

CNH

The USD/CNY fix printed at 6.8752, versus a Bloomberg consensus of 6.8759.

  • Today's outcome represents a -7pip deviation in USD/CNY terms. The 5-day rolling sum of the error is now at -3pips, so at neutral.
  • USD/CNH is down slightly for the session, with some modest spillover likely from lower USD/JPY levels. We were last around 6.8800, earlier lows were at 6.8780. This is against an earlier open close to 6.8850.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.