February 24, 2025 01:19 GMT
CNH: USD/CNY Fixing Edges Back Up, But Remains Within Recent Ranges
CNH
The USD/CNY fix printed at 7.1717, against a BBG market consensus of 7.2535.
- The fixing edges back up but remains within recent ranges. The fixing error was slightly wider at -815pips.
- USD/CNH has edged down today, last under 7.2500, as broader USD sentiment softens, led by the EUR (which is back above 1.0500).
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