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21 Aug 2017

USD/CNY projection: 6.6757 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 13 pips higher than the previous fix (6.6757 from 6.6744) and 28 pips lower than the previous official spot USD/CNY close of 6.6785. The basket implied change is 33 pips lower than the previous official spot USD/CNY close (6.6752 from 6.6785)."

Aug 21, 2017

USD/JPY supported at 109.20 while a bearish tone persists

Currently, USD/JPY is trading at 109.19, up -0.05% on the day, having posted a daily high at 109.38 and low at 109.19. North Korea sparking concerns
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Aug 21, 2017

AUD/JPY - Weak tone persists, hovers around 50-DMA

AUD/JPY is trading around the 50-DMA level of 86.61 this Monday morning in Asia, as the weakness in the US index futures is ensuring the follow throug
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