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USD/CNY projection: 6.6410 - Nomura

Analysts at Nomura offered their projections based on their model for the USD/CNY fix today.

Key Quotes:

"Our model1 projects the fix to be 128 pips higher than the previous fix (6.6410 from 6.6282) and 10 pips higher than the previous official spot USD/CNY close of 6.6400. The basket implied change is 11 pips higher than the previous official spot USD/CNY close (6.6411 from 6.6400)."

USD/JPTY early Asia bid capped in Tokyo open at 113.71

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GBP/JPY - Down but not out, defends 149.00 handle

The pair is down 0.45 percent in Asia, but still holding above the psychological support level of 149.00. Pound gapped lower as investors digested th
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