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17 Aug 2017

USD/CNY projection: 6.6763 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 16 pips lower than the previous fix (6.6763 from 6.6779) and 192 pips lower than the previous official spot USD/CNY close of 6.6955. The basket implied change is 253 pips lower than the previous official spot USD/CNY close (6.6702 from 6.6955)."

Aug 17, 2017

When is the Aussie jobs report and how could it affect AUD/USD?

Australian jobs report (July) Australia's monthly jobs report is back on the cards for Asian markets today. The report will be released at 0130 GMT. 
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Aug 17, 2017

AUD/JPY has retraced 50% of the recent sell-off, eyes Aussie jobs data

AUD/JPY ran into resistance at 87.44 [50% Fib retracement of the drop from 89.42 to 85.45] yesterday before retreating slightly to 87.18 levels in Asi
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