September 03, 2024 01:17 GMT
USD/CNY Fixing Stays Close To Neutral
CNH
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The USD/CNY fixing printed at 7.1112, versus a Bloomberg consensus of 7.1117.
- Today's outcome delivers a close to neutral outcome in terms of the fixing error. Indeed in the last 5 fixings, the error term has been close to flat.
- USD/CNH is up slightly in early Tuesday dealings, but has been unable to breach the 7.1200 level so far. Broader USD sentiment is mostly firmer, with the BBDXY USD index up a touch.
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