ResearchGlobal2026-10-20
Dollar Softens, Asian Currencies Rise, but Euro Weakens Too — Asian Buyers Regain Price Edge on Dollar Crude Over Europe
The dollar fell against the yuan, yen and won, yet the euro weakened against both the dollar and the yuan. A stronger yuan cut the yuan-equivalent arrival cost of dollar crude by about 8 yuan/bbl, handing Asian buyers back an edge over European refiners.