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26 Sep 2017

USD/CNY fix projection: 6.6024 - Nomura

Analysts at Nomura offered their model projection for the USD/CNY fix.

Key Quotes:

"Our model1 projects the fix to be 163 pips higher than the previous fix (6.6024 from 6.5861) and 102 pips higher than the previous official spot USD/CNY close of 6.5922. The basket implied change is 124 pips higher than the previous official spot USD/CNY close (6.6046 from 6.5922)."


 

Sep 26, 2017

USD/JPY: bears sleeping at 111.70 in Tokyo open

Currently, USD/JPY is trading at 111.72, down -0.01% on the day, having posted a daily high at 111.82 and low at 111.63. Forex today: "An act of war"
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Sep 26, 2017

AUD/JPY - Weekly 200-MA support holds, risk reversals hit two-week lows

Despite the bearish outside day candle on Thursday and Monday, the AUD/JPY cross has defended the weekly 200-MA level of 88.41, although risk reversal
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