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USD/CNY Fixing Fresh High Back To Nov 2023

CNH

The USD/CNY fixing was set at 7.1386, versus a Bloomberg consensus of 7.1479.

  • The fixing error narrowed further to -93pips, from yesterday's -136pips outcome in USD/CNY terms.
  • The actual fixing is a fresh cycle high back to Nov last year, albeit at the margins (the prior high was 7.1376, set last Friday).
  • USD/CNH has firmed post the print, last 7.1640, just short of Monday session highs at 7.1663.

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