ResearchGlobal2026-09-27
Euro Firms, Yuan Slips Against Euro: Repricing the Euro-Settled Re-export Book
EUR/USD rose to 1.1391 (+0.1319) and EUR/CNY to 7.6460 (+0.1244), while USD/CNY eased to 6.7125. Euro-zone buyers pay more for RMB-quoted cargoes; back-to-back euro settlement widens the re-export margin.