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10 Aug 2018

USD/CNY fix projection: 6.8429 - 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 112 pips higher than the previous fix (6.8429 from 6.8317) and 146 pips higher than the previous official spot USD/CNY close of 6.8283. The basket implied change is 194 pips higher than the previous official spot USD/CNY close (6.8477 from 6.8283)."

Aug 10, 2018

USD/JPY slides below the 111 handle in Tokyo, but 55 DMA is key

USD/JPY is sinking in the Tokyo open and has broken back below the 11 handle to mark a low of 110.88 so far. USD/JPY was attempting a bullish correcti
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Aug 10, 2018

AUD/USD Technical Analysis: just can't seem to hold 0.74

AUD/USD Chart, 15-Minute Spot rate:  0.7367 Relative change:  -0.08% High:  0.7379 Low:  0.7364
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