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USD/CNY Fixing - Steady Trend

CNY

The USD/CNY fixing printed at 7.1049, versus a Bloomberg consensus of 7.1787.

  • This leaves the fixing error slightly wider at -738pips (yesterday was -690pips), but we remain within recent ranges on this metric.
  • The actual fix was 10pips higher than Wednesday's outcome. This fits with the broader pattern of low around yuan moves this past week.
  • USD/CNH last tracked near 7.1875 in recent dealings, little changed for the session.

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