2024/10/21 18:02
BUZZ-USD/CNY fix expected higher as DXY regains momentum

    * USD/CNY fix estimated 7.1227 from prev 7.0990
    * Not likely to see PBOC dampening the fix for now
    * Yuan trade-weighted value still relatively elevated
    * DXY leapt back up o/n, as UST yields gained broadly
    * Fed's less dovish view slims rate cut odds  urn:newsml:reuters.com:*:nL1N3LX0YW
    * US election bets also a factor pushing up US yields
    * For more click on  FXBUZ  


    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
CNYindex:     https://tmsnrt.rs/40hsMBZ
CNYfix:     https://tmsnrt.rs/3Ye2bDe
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Ewen Chew is a Reuters market analyst. The views expressed are his own.)
 ((ewen.chew@thomsonreuters.com))