ResearchGlobal2026-10-22
Dollar softens but the euro lags; yuan, yen and won all firm, reshuffling northeast Asia delivered pricing
USD/CNY at 6.6745, USD/JPY at 157.01 and USD/KRW at 1323.7 all weakened together, a broad dollar softness against three Asian currencies, yet EUR/USD at 1.1199 and EUR/CNY at 7.471 fell in tandem — the euro is the laggard. Northeast Asia's delivered pricing regains an edge over Europe, where refinery energy cost is pushed up.