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USD/CNY Fixing Shows Steady Trend

CNH

The USD/CNY fix printed at 7.1086, versus a Bloomberg consensus of 7.2399.

  • Today's fixing outcome delivered a fixing error of -1313pips in USD/CNY terms, very close to Friday's outcome.
  • The actual fixing was also close to Friday's 7.1088 print.
  • USD/CNH is down a touch in Monday trade so far, last near 7.2610, but it is lagging the broader 0.10% dip in the BBDXY index.

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