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7 Nov 2017

USD/CNY fix projection: 6.6235 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 12 pips lower than the previous fix (6.6235 from 6.6247) and 104 pips lower than the previous official spot USD/CNY close of 6.6339. The basket implied change is 127 pips lower than the previous official spot USD/CNY close (6.6212 from 6.6339)."

Nov 7, 2017

AUD/JPY rests at 100-day MA ahead of RBA

AUD/JPY is changing hands at 100-day MA level of 87.46 this Tuesday morning, with investors eyeing the RBA rate decision. The central bank is expecte
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Nov 7, 2017

NZ Treasury says 3Q GDP growth may be slower than forecast

NZ Treasury says 3Q GDP growth may be slower than forecast, adding that it may decelerate to 0.6%. The Kiwi is unfazed on the comments, holding up at
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