ResearchGlobal2026-09-26
EUR Cross Strengthens as RMB Appreciates, Repricing Arbitrage Landed Cost
EUR/USD rose to 1.1391 (+0.13%) and EUR/CNY to 7.6460 (+0.12%), while USD/CNY eased to 6.7125 (-0.04%). Euro-denominated European cargoes now land cheaper in RMB; CIPS direct clearing can lock the spread.