USD/CNY Today (10.11.2025): Yuan Holds Near 7.12 After Strong PBOC Fix — Outlook, Key Levels & What Could Move the Pair Next
Updated: 10 November 2025 Key Takeaways Today’s USD/CNY Snapshot (10.11.2025) What this means: The stronger fix signals the PBOC’s continued preference to anchor the yuan and smooth day‑to‑day moves. CFETS (under PBOC authorization) publishes the fixing methodology, which blends market‑maker quotes and excludes extremes. chinamoney.com.cn What Moved the Yuan Today 1) A Firm PBOC Midpoint The PBOC fixed 7.0856, around 319 pips stronger than a consensus estimate, keeping the onshore pair near the low‑7.10s despite a choppy global backdrop. This has been a common playbook in recent weeks to curb volatility and keep expectations anchored. TradingView 2) Softer Dollar Pulse