ResearchGlobal2026-10-08
Soft Euro Pushes Transshipment Settlement onto CIPS Euro Clearing
EUR/CNY 7.5029 (-0.37%), EUR/USD 1.1194 flat; USD/CNY 6.7036 up, USD/JPY 158.17 rising. Euro pricing suits European buyers, CIPS euro direct clearing bypasses the dollar correspondent.
