August 10, 2022 01:22 GMT
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The USD/CNY fix printed at 6.7612, versus a market estimate of 6.7606.
- Today's fix is a slight upside surprise at +6pips in USD/CNY terms, but down from yesterday’s outcome, which came in at +17pips.
- The 5-day rolling sum of the error term is basically unchanged at +12pips, versus +13pips yesterday.
- USD/CNH has drifted higher in early trade today, in line with firmer USD moves against the majors. The pair last tracked at 6.7580, versus around 6.7550 at the close in NY.