CNH: USD/CNY Fixing Makes Fresh Low, USD/CNH Back Under 6.9800

Jan-09 01:25

You are missing out on very valuable content.

The USD/CNY fix printed at 7.0128, a decent down move from Thursday's 7.0197 outcome. This is a fres...

Historical bullets

MNI: CHINA PBOC CONDUCTS CNY189.8 BLN VIA 7-DAY REVERSE REPO WEDS

Dec-10 01:23
  • CHINA PBOC CONDUCTS CNY189.8 BLN VIA 7-DAY REVERSE REPO WEDS

CNH: USD/CNY Fixing Narrows Again, USD/CNH Steady in Morning Trade

Dec-10 01:19

The USD/CNY fix printed at 7.0753, versus a BBG market consensus of 7.0752. This leaves the fixing error remaining barely positive at +1pips.  This continues to point to a steady outlook for the yuan. Spot USD/CNH is fractionally lower this morning, last around 7.0617 / 621. Recent highs are just above 7.0800, in terms of a potential upside focus point. 

CHINA SETS YUAN CENTRAL PARITY AT 7.0753 WEDS VS 7.0773

Dec-10 01:18
  • CHINA SETS YUAN CENTRAL PARITY AT 7.0753 WEDS VS 7.0773