Free Trial

USD/CNY Fixing Firms, But Error Terms Widens Modestly


The USD/CNY fix printed at 7.1140, versus a Bloomberg consensus of 7.1486.

  • Today's fix is higher than yesterday's 7.1127 print. The fixing error has widened marginally to -346pips from -311pips yesterday.
  • The reaction in USD/CNH has been muted so far. The pair last tracks near 71670, down slightly for the session amid softer USD tones against some of the majors. Earlier lows were at 7.1638.

To read the full story



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.