CNH: USD/CNY Fixing Edges Up, Fixing Error Slightly Tighter

Dec-18 01:23

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The USD/CNY fix printed at 7.0583, versus a BBG market consensus of 7.0430 (yesterday's fixing was 7...

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MNI: CHINA PBOC CONDUCTS CNY407.5 BLN VIA 7-DAY REVERSE REPO TUES

Nov-18 01:21
  • CHINA PBOC CONDUCTS CNY407.5 BLN VIA 7-DAY REVERSE REPO TUES

CNH: USD/CNY Fixing Edges Up, USD/CNH Testing Above 7.1100

Nov-18 01:20

The USD/CNY fix edged higher to 7.0856, after yesterday's fresh YTD low. As to be expected the fixing error widened in response to higher USD index levels, printing at -258pips, versus -160pips yesterday. USD/CNH is higher, last around 7.1110/15. Broader USD trends are supportive so far. Upside focus in USD/CNH may rest near the 20-day EMA (close to 7.1165/70). 

CHINA SETS YUAN CENTRAL PARITY AT 7.0856 TUES VS 7.0816

Nov-18 01:16
  • CHINA SETS YUAN CENTRAL PARITY AT 7.0856 TUES VS 7.0816