Free Trial

USD/CNY Fixing Edges Back Above 7.1000

CNH

The USD/CNY fix printed at 7.1002, versus 7.2148 Bloomberg consensus.

  • Today's fixing outcome delivered a -1146pip fixing error in USD/CNY terms. The actual fix was slightly higher versus yesterday's result (7.0994).
  • USD/CNH has firmed a little post the fix, getting to highs of 7.2192, but we sit lower now, last near 7.2160. Yen weakness has likely been a marginal CNH headwind since the start of the session.

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.