USD/CNY fix model: Projection at 6.5170 - Nomura

Nomura's model projects the fix to be higher by 18 pips from the previous fix (6.5170 from 6.5152) and lower by 6 pips from the previous spot USD/CNY official close of 6.5176.

Feb 19, 2016

AUD/USD: Will key support 0.7130 continue to hold?

AUD/USD has come under ild selling pressure at the Tokyo open, with the exchange rate taken from 0.7165 session highs (during the NY-Tokyo transition) to currently trade at session lows some 20 odd pips lower circa 0.7140/45.

AUD/JPY testng the channle's support line

AUD/JPY has broken to the downside and below the 200 sma on the hourly chart at 80.96 with the yen picking up some interest in Tokyo.