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USD/CNY Fixing - A Touch Lower

CNH

The USD/CNY fix printed at 7.1786, versus a Bloomberg consensus of 7.3007.

  • Today's fix saw a -1221pip surprise in USD/CNY terms. This was narrower than yesterday's -1319pip outcome.
  • USD/CNH is lower in the first part of dealing, last near 7.3040. We opened near 7.3100. Broader USD sentiment is softer, which is aiding CNH.

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