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15 Aug 2017

USD/CNY fix projection: 6.6714 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 113 pips higher than the previous fix (6.6714 from 6.6601) and 27 pips higher than the previous official spot USD/CNY close of 6.6687. The basket implied change is 31 pips higher than the previous official spot USD/CNY close (6.6718 from 6.6687)."

Aug 15, 2017

When are the RBA minutes and how could they affect AUD/USD?

RBA minutes overview The RBA minutes are due today at 0130GMT after the RBA, as widely expected, left the official cash rate at 1.50% at its August m
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Aug 15, 2017

AUD/JPY peeps above 50-DMA ahead of RBA minutes release

The tensions between North Korea and US continue to subside, forcing investors to move out of long Yen positions this Tuesday morning in Asia. Thus, A
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