USD/CNY projection: 6.9359 - Nomura

Analysts at Nomura offered their outlook for today's fix.

Key Quotes:

"Our model1 projects the fix to be 138 pips lower than the previous fix (6.9359 from 6.9497) and 188 pips lower than the previous official spot USD/CNY close of 6.9547. The basket implied change is 244 pips lower than the previous official spot USD/CNY close (6.9303 from 6.9547)."

Dec 30, 2016

USD/JPY: an offer in the dollar and a downside bias

Currently, USD/JPY is trading at 116.36, down -0.22% on the day, having posted a daily high at 116.73 and low at 116.04. USD/JPY has taken a hit with

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Dec 30, 2016

PBOC sets Yuan mid-point at 6.9370 versus 6.9497 previous

On Friday, the Chinese central bank, the PBOC, sets USD/CNY reference rate at 6.9370 versus Thursday’s 6.9497.

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