CNH: USD/CNY Fixing Edges Higher, Error Term Slightly Tighter
Jul-18 01:19
The USD/CNY fixing printed at 7.1498, versus a Bloomberg market consensus of 7.1734.
- Today's fixing is a step up from yesterday's 7.1461 outcome, while the fixing error was slightly tighter at -236pips (versus -251pips yesterday).
USD/CNH is little changed in the first part of Friday trade, holding above 7.1800 in latest dealings. Broader USD sentiment is softer, led by the higher beta plays, aided by the better global equity tone.
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CNH: USD/CNY Fixing Edges Up, Error Term Notably Wider
Jun-18 01:19
The USD/CNY fixing printed at 7.1761, versus a Bloomberg market consensus of 7.2001.
- The fixing was slightly above yesterday's outcome, 7.1746. The fixing error though widened too -240pips, from -73pips yesterday. This is the widest fixing error since May 21.
- USD/CNH is a little lower in latest dealings, last close to 7.1870/75, but remains very much within recent ranges.
CHINA SETS YUAN CENTRAL PARITY AT 7.1761 WEDS VS 7.1746
Jun-18 01:16
- CHINA SETS YUAN CENTRAL PARITY AT 7.1761 WEDS VS 7.1746
AUSSIE BONDS: ACGB Jun-35 Auction Result
Jun-18 01:07
The AOFM sells A$900mn of the 2.75% 21 June 2035 Bond, issue #TB145:
- Average Yield (%): 4.2413 (prev. 4.2457)
- High Yield (%): 4.2425 (prev. 4.2475)
- Bid/Cover: 3.4444x (prev. 2.7500x)
- Allotted at Highest Accepted Yld as % of Bid at that Yld (%): 94.2 (prev. 34.4)
- Bidders: 34 (prev. 33), successful 13 (prev. 17), allocated in full 6 (prev. 8)
