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30 May 2018

USD/CNY fix projection: 6.4237 - 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 216 pips higher than the previous fix (6.4237 from 6.4021) and 49 pips higher than the previous official spot USD/CNY close of 6.4188. The basket implied change is 56 pips higher than the previous official spot USD/CNY close (6.4244 from 6.4188)."

May 30, 2018

AUD/JPY testing 81.00 as Yen gains on souring risk appetite

The AUD/JPY is heading lower once again in early Asia trading, falling back into the 81.00 region as risk aversion picks up the pace for Wednesday. T
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May 30, 2018

BoJ's Kuroda: must explore reasons for slow growth

Bank of Japan (BoJ) Governor Kuroda stated that the central bank must begin to investigate the possible reasons behind Japan's still-sluggish inflatio
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