Free Trial

USD/CNH Firms

CNH

USD/CNH has ticked slightly higher in recent dealings, back above 7.2900 (highs near 7.2950), against earlier lows near 7.2800. USD/CNY is also higher, last near 7.2850. These moves keep us within recent ranges. USD sentiment has firmed against the majors, with the BBDXY back to 1237.

  • Onshore equities are firmer, with the CSI 300 higher (+0.50%) while the Shanghai Composite is +0.15% higher., but hasn't imparted a positive bias for the currency yet.

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.