ResearchGlobal2026-10-06
Euro strength rewrites the EU trade book: EUR/CNY 7.55, EUR/USD 1.127 lift euro-zone costs
EUR/CNY rose to 7.5522 (+0.4042) and EUR/USD to 1.1269 (+0.4457), the euro up against both the dollar and the yuan, repricing the EU trade book and refiner energy cost; against a steady yen and stronger won, the FX mismatch is more complex.