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23 Aug 2017

USD/CNY fix projection: 6.6628 - Nomura

Analysts at Nomura offered their outlook for today's fix.

Key Quotes:

"Our model1 projects the fix to be 31 pips higher than the previous fix (6.6628 from 6.6597) and 23 pips higher than the previous official spot USD/CNY close of 6.6605.

The basket implied change is 26 pips higher than the previous official spot USD/CNY close (6.6631 from 6.6605)."

Aug 23, 2017

New Zealand Treasury sees RBNZ raising rates from mid-2018

New Zealand pre-electon Economic cand Fiscal update [PREFU] released today shows the Treasury expects the Reserve Bank of New Zealand [RBNZ] to kick-o
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Aug 23, 2017

USD/JPY on the bid and carries on with the short covering o/n play towards the 110 handle

Currently, USD/JPY is trading at 109.64, up 0.06% on the day, having posted a daily high at 109.84 and low at 109.54. USD/JPY is testing the 109.80 r
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