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USD/CNY Fixing Firms ​​​

CNH

The USD/CNY fix printed at 7.1012, versus a Bloomberg consensus of 7.1396.

  • Today's fixing outcome saw the fixing error widen modestly to -384pips in USD/CNY terms.
  • The actual fix was set higher, in line with broader USD gains, but remains close to the 7.1000 level.
  • Early USD/CNH trends have been to the downside, although moves sub 7.1500 have been fairly modest at this stage. The BBDXY index sits -0.15% weaker in the first part of Thursday trade.

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