CNH: USD/CNY Fixing Up But Down For The Week, CNY Basket Just Off Highs
Apr-03 01:27
The USD/CNY fix printed at 6.8929, versus a BBG market consensus of 6.8878. The fixing is up from ye...
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CNH: USD/CNY Fixing Edges Up, USD/CNH Rebounds Through 6.9300
Mar-04 01:27
The USD/CNY fix printed at 6.9124, against a 6.9088 outcome yesterday. The fixing error was tighter again at +60pips (yesterday was +249pips). The nudge up in the fixing, which is consistent with broader USD gains, is helping push USD/CNH higher. Recall yesterday's surprise move lower in the fixing helped push USD/CNH off highs (but the same hasn't been repeated today). The pair was last around 6.9335/40 (earlier lows today were at 6.9126). This is still under overnight highs (6.9437). Broader USD sentiment is firmer against the higher beta plays (AUD down 0.60%, sub 0.7000).
MNI: CHINA PBOC CONDUCTS CNY40.5 BLN VIA 7-DAY REVERSE REPO WEDS
Mar-04 01:23
- CHINA PBOC CONDUCTS CNY40.5 BLN VIA 7-DAY REVERSE REPO WEDS
CHINA SETS YUAN CENTRAL PARITY AT 6.9124 WEDS VS 6.9088
Mar-04 01:16
- CHINA SETS YUAN CENTRAL PARITY AT 6.9124 WEDS VS 6.9088
