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USD/CNY Fixing - Error Term Widens

CNH

The USD/CNY fix printed at 7.0982, versus a Bloomberg consensus of 7.1338.

  • The fixing was -356pips for today's fix, so wider than yesterday's -195pip outcome, but remaining comfortably within recent ranges.
  • USD/CNH hasn't reacted a great deal to the fixing outcome, we were last near 7.1425/30, little changed versus end Monday levels in NY.

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