ResearchGlobal2026-11-03
Asian currencies split three ways: yuan and euro firm, yen and won soften, Northeast Asian delivered costs re-priced
Dollar-yuan fell to 6.6486 (yuan firmer), EUR-CNY rose to 7.441 and EUR-USD to 1.1197 (euro firmer); but USD-JPY rose to 157.84 and USD-KRW to 1343.27 (yen and won softer). Northeast Asian refiners re-price their dollar-denominated crude bills by currency, and Asian buyers regain an edge over European counterparts.