CNH: Fixing & Error Term Close To Steady, USD/CNH Near 6.9640
Jan-16 01:24
The USD/CNY fixing edged up to 7.0078, from 7.0064, while the fixing error was also little changed (...
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CNH: USD/CNY Fixing Another Low, But Error Term Higher
Dec-17 01:23
The USD/CNY fix printed at 7.0573, against a BBG market consensus of 7.0401. The fixing continues to make fresh lows, but we did see the error term widen today, now out to +172pips. This is the highest fixing error since the term turned positive back on Nov 27. Still, USD/CNH is holding close to session lows (7.0324), last near 7.0335/40. Overnight lows were at 7.0315. Focus now will be on the onshore spot open, as USD/CNY didn't break under 7.0400 yesterday.
MNI: CHINA PBOC CONDUCTS CNY46.8 BLN VIA 7-DAY REVERSE REPO WEDS
Dec-17 01:22
- CHINA PBOC CONDUCTS CNY46.8 BLN VIA 7-DAY REVERSE REPO WEDS
CHINA SETS YUAN CENTRAL PARITY AT 7.0573 WEDS VS 7.0602
Dec-17 01:15
- CHINA SETS YUAN CENTRAL PARITY AT 7.0573 WEDS VS 7.0602
