USD/CNY Today (10.11.2025): Yuan Holds Near 7.12 After Strong PBOC Fix — Outlook, Key Levels & What Could Move the Pair Next
The People’s Bank of China set the USD/CNY midpoint at 7.0856 on November 10, stronger than expected, keeping the yuan near 7.12. Offshore USD/CNH hovered around 7.123. China’s October CPI rose 0.2% year-on-year while producer prices fell 2.1%. Beijing eased some retaliatory measures on U.S. entities, effective today.