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26 Jun 2018

USD/CNY fix projection: 6.5219  - Nomura

Analysts at Nomura offered their model's projection for today's fix in USD/CNY.

Key Quotes:

"Our model1 projects the fix to be 326 pips higher than the previous fix (6.5219 from 6.4893) and 21 pips lower than the previous official spot USD/CNY close of 6.5240. The basket implied change is 25 pips lower than the previous official spot USD/CNY close (6.5215 from 6.5240)."

Jun 26, 2018

BNP Paribas Mortimer-Lee: Monetary policy is harming inflation efforts - Financial Times

Paul Mortimer-Lee, the Chief Economist and Head of US Economics for BNP Paribas, wrote an op-ed piece for the Financial Times claiming that too-tight
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Jun 26, 2018

USD/JPY bulls are tiring in risk-off markets, bears are fading rallies

USD/JPY has been on the bid in Tokyo, however, bulls have been capped and the price has flipped over in suit with the general risk-off theme. Preside
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