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25 Jul 2017

USD/CNY projection: 6.7566 - Nomura

Analysts at Nomura's USD/CNY projection for today's fix ...

Key Quotes:

"Our model1 projects the fix to be 156 pips higher than the previous fix (6.7566 from 6.7410) and 61 pips higher than the previous official spot USD/CNY close of 6.7505.

The basket implied change is 71 pips higher than the previous official spot USD/CNY close (6.7576 from 6.7505)."

Jul 25, 2017

Goldman warns on global oil demand peak

Goldman Sachs said on Monday, “Higher vehicle efficiency and electric cars penetration, higher fuel prices, and lower economic growth may lead to a gl

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Jul 25, 2017

AUD/JPY - Recovery from 4-day low is being capped by bearish MA crossover

The recovery in the AUD/JPY pair from the 4-day low of 87.65 is running out of steam in Asia, courtesy of the bearish 50-MA and 200-MA crossover on th

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