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USD/CNY Fixing Close To Steady - Fixing Error Narrows

CNH

The USD/CNY fix printed at 7.1044, versus a 7.1649 Bloomberg consensus.

  • The USD/CNY fixing error was -605pips in USD/CNY terms, narrower than yesterday's -735pips yesterday. This fits with lower USD/CNY levels over recent sessions.
  • The actual fix is only a touch below yesterday's 7.1053 outcome.
  • USD/CNH had a brief dip to 7.1559 earlier, but we now track back near 7.1630, little changed for the session.

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